H&M Hennes & Mauritz AB
Ticker: HM.B
Meeting date: 07/05/2020
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Open Meeting | Mgt rec None | Vote None |
| 2 | Proposal Elect Chairman of Meeting | Mgt rec For | Vote For |
| 3 | Proposal Prepare and Approve List of Shareholders | Mgt rec For | Vote For |
| 4 | Proposal Approve Agenda of Meeting | Mgt rec For | Vote For |
| 5 | Proposal Designate Inspector(s) of Minutes of Meeting | Mgt rec For | Vote For |
| 6 | Proposal Acknowledge Proper Convening of Meeting | Mgt rec For | Vote For |
| 7 | Proposal Receive Financial Statements and Statutory Reports | Mgt rec None | Vote None |
| 8.a | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 8.b | Proposal Approve Allocation of Income and Omission of Dividends | Mgt rec For | Vote For |
| 8.c | Proposal Approve Discharge of Board and President | Mgt rec For | Vote For |
| 9 | Proposal Determine Number of Members (8) and Deputy Members (0) of Board; Determine Number of Auditors (1) and Deputy Auditors (0) | Mgt rec For | Vote For |
| 10 | Proposal Approve Remuneration of Directors in the Amount of SEK 1.7 Million for Chairman, and SEK 650,000 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration of Auditors | Mgt rec For | Vote For |
| 11.a | Proposal Reelect Stina Bergfors as Director | Mgt rec For | Vote For |
| 11.b | Proposal Reelect Anders Dahlvig as Director | Mgt rec For | Vote For |
| 11.c | Proposal Reelect Danica Kragic Jensfelt as Director | Mgt rec For | Vote For |
| 11.d | Proposal Reelect Lena Patriksson Keller as Director | Mgt rec For | Vote For |
| 11.e | Proposal Reelect Christian Sievert as Director | Mgt rec For | Vote For |
| 11.f | Proposal Reelect Erica Wiking Hager as Director | Mgt rec For | Vote For |
| 11.g | Proposal Reelect Niklas Zennstrom as Director | Mgt rec For | Vote For |
| 11.h | Proposal Elect Karl-Johan Persson (Chairman) as New Director | Mgt rec For | Vote For |
| 12 | Proposal Ratify Ernst & Young as Auditors | Mgt rec For | Vote For |
| 13 | Proposal Approve Procedures for Nominating Committee | Mgt rec For | Vote For |
| 14.a | Proposal Approve Remuneration Policy And Other Terms of Employment For Executive Management | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 14.b | Proposal Disclose Sustainability Targets to be Achieved in order for Senior Executives to be Paid Variable Remuneration; Report on the Performance of Senior Executives About Sustainability Targets | Mgt rec None | Vote Against |
| Management proposals | |||
| 15 | Proposal Amend Articles of Association Re: Company Name; Participation of General Meeting; Agenda of Annual Meeting; Share Registrar | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 16 | Proposal Eliminate Differentiated Voting Rights | Mgt rec None | Vote Against |
| 17 | Proposal Examination of Various Aspects of the Company's Collection of Data about the Personnel | Mgt rec None | Vote Against |
| Management proposals | |||
| 18 | Proposal Close Meeting | Mgt rec None | Vote None |
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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