Kaufman & Broad SA
Ticker: KOF
Meeting date: 02/05/2019
Meeting type: Annual/Special
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Approve Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 2 | Proposal Approve Allocation of Income and Dividends of EUR 2.50 per Share | Mgt rec For | Vote For |
| 3 | Proposal Approve Stock Dividend Program Re: FY 2018 | Mgt rec For | Vote For |
| 4 | Proposal Approve Stock Dividend Program Re: FY 2019 | Mgt rec For | Vote For |
| 5 | Proposal Approve Consolidated Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 6 | Proposal Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transactions | Mgt rec For | Vote For |
| 7 | Proposal Approve Severance Agreement with Nordine Hachemi, Chairman and CEO | Mgt rec For | Vote Against |
| 8 | Proposal Approve Non-Compete Agreement with Nordine Hachemi, Chairman and CEO | Mgt rec For | Vote For |
| 9 | Proposal Approve Additional Pension Scheme Agreement with Nordine Hachemi, Chairman and CEO | Mgt rec For | Vote For |
| 10 | Proposal Approve Remuneration Policy of Chairman and CEO | Mgt rec For | Vote For |
| 11 | Proposal Approve Compensation of Chairman and CEO | Mgt rec For | Vote For |
| 12 | Proposal Reelect Yves Gabriel as Director | Mgt rec For | Vote For |
| 13 | Proposal Reelect Jean-Louis Chaussade as Director | Mgt rec For | Vote For |
| 14 | Proposal Reelect Michel Paris as Director | Mgt rec For | Vote For |
| 15 | Proposal Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Mgt rec For | Vote For |
| 16 | Proposal Authorize Decrease in Share Capital via Cancellation of Repurchased Shares | Mgt rec For | Vote For |
| 17 | Proposal Authorize Capitalization of Reserves of Up to EUR 853,000 for Bonus Issue or Increase in Par Value | Mgt rec For | Vote For |
| 18 | Proposal Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 2.27 Million | Mgt rec For | Vote For |
| 19 | Proposal Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 568,000 | Mgt rec For | Vote For |
| 20 | Proposal Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 568,000 | Mgt rec For | Vote For |
| 21 | Proposal Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights | Mgt rec For | Vote For |
| 22 | Proposal Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 18-20 | Mgt rec For | Vote For |
| 23 | Proposal Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind | Mgt rec For | Vote For |
| 24 | Proposal Authorize Capital Increase of Up to EUR 568,000 for Future Exchange Offers | Mgt rec For | Vote For |
| 25 | Proposal Authorize Capital Issuances for Use in Employee Stock Purchase Plans | Mgt rec For | Vote For |
| 26 | Proposal Authorize up to 250,000 Shares for Use in Restricted Stock Plans | Mgt rec For | Vote For |
| 27 | Proposal Set Total Limit for Capital Increase to Result from All Issuance Requests at EUR 2.27 Million | Mgt rec For | Vote For |
| 28 | Proposal Authorize Filing of Required Documents/Other Formalities | Mgt rec For | Vote For |
Disclaimer
This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:
- This disclosure is provided for information purposes only. It does not constitute advice and should not be taken as a recommendation or an instruction on any matter, including whether any relevant third party should buy, sell or retain shares, or how any third party should exercise any voting rights they may have. Any person who wishes to obtain advice should seek this from a professional adviser. This disclosure is not a proxy solicitation and is not intended to influence the vote of other shareholders.
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