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H&M Hennes & Mauritz AB

Ticker: HM.B

Meeting date: 04/05/2022

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
3.1 Proposal Designate Jan Andersson as Inspector of Minutes of Meeting Mgt rec For Vote For
3.2 Proposal Designate Erik Durhan as Inspector of Minutes of Meeting Mgt rec For Vote For
4 Proposal Prepare and Approve List of Shareholders Mgt rec For Vote For
5 Proposal Approve Agenda 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 Proposal Comments by Auditor, Chair of The Board and CEO; Questions from Shareholders to The Board and Management Mgt rec None Vote None
9.a Proposal Accept Financial Statements and Statutory Reports Mgt rec For Vote For
9.b Proposal Approve Allocation of Income and Dividends of SEK 6.50 Per Share Mgt rec For Vote For
9.c1 Proposal Approve Discharge of Board Chair Karl-Johan Persson Mgt rec For Vote For
9.c2 Proposal Approve Discharge of Board Member Stina Bergfors Mgt rec For Vote For
9.c3 Proposal Approve Discharge of Board Member Anders Dahlvig Mgt rec For Vote For
9.c4 Proposal Approve Discharge of Board Member Danica Kragic Jensfelt Mgt rec For Vote For
9.c5 Proposal Approve Discharge of Board Member Lena Patriksson Keller Mgt rec For Vote For
9.c6 Proposal Approve Discharge of Board Member Christian Sievert Mgt rec For Vote For
9.c7 Proposal Approve Discharge of Board Member Erica Wiking Hager Mgt rec For Vote For
9.c8 Proposal Approve Discharge of Board Member Niklas Zennstrom Mgt rec For Vote For
9.c9 Proposal Approve Discharge of Board Member Ingrid Godin Mgt rec For Vote For
9.c10 Proposal Approve Discharge of Board Member Tim Gahnstrom Mgt rec For Vote For
9.c11 Proposal Approve Discharge of Board Member Helena Isberg Mgt rec For Vote For
9.c12 Proposal Approve Discharge of Board Member Louise Wikholm Mgt rec For Vote For
9.c13 Proposal Approve Discharge of Deputy Board Member Margareta Welinder Mgt rec For Vote For
9.c14 Proposal Approve Discharge of Deputy Board Member Hampus Glanzelius Mgt rec For Vote For
9.c15 Proposal Approve Discharge of CEO Helena Helmersson Mgt rec For Vote For
10.1 Proposal Determine Number of Members (8) and Deputy Members (0) of Board Mgt rec For Vote For
10.2 Proposal Determine Number of Auditors (1) and Deputy Auditors (0) Mgt rec For Vote For
11.1 Proposal Approve Remuneration of Directors in the Amount of SEK 1.8 Million for Chairman and SEK 775,000 for Other Directors; Approve Remuneration for Committee Work Mgt rec For Vote For
11.2 Proposal Approve Remuneration of Auditors Mgt rec For Vote For
12.1 Proposal Reelect Stina Bergfors as Director Mgt rec For Vote For
12.2 Proposal Reelect Anders Dahlvig as Director Mgt rec For Vote For
12.3 Proposal Reelect Danica Kragic Jensfelt as Director Mgt rec For Vote For
12.4 Proposal Reelect Lena Patriksson Keller as Director Mgt rec For Vote For
12.5 Proposal Reelect Karl-Johan Persson as Director Mgt rec For Vote For
12.6 Proposal Reelect Christian Sievert as Director Mgt rec For Vote For
12.7 Proposal Reelect Erica Wiking Hager as Director Mgt rec For Vote For
12.8 Proposal Reelect Niklas Zennstrom as Director Mgt rec For Vote For
12.9 Proposal Reelect Karl-Johan Persson as Board Chair Mgt rec For Vote For
13 Proposal Ratify Deloitte as Auditors Mgt rec For Vote For
14 Proposal Approve Nominating Committee Instructions Mgt rec For Vote For
15 Proposal Approve Remuneration Report Mgt rec For Vote For
16 Proposal Authorize Share Repurchase Program Mgt rec For Vote For
17 Proposal Amend Articles Re: Participation at General Meeting Mgt rec For Vote For
Shareholder proposals
18 Proposal Replace Fossil Materials with Renewable Forest Resources Mgt rec None Vote Against
19 Proposal Action by The Board in Respect of Workers in H&M Supply Chain Mgt rec None Vote Against
20 Proposal Report on Sustainably Sourced and Organically Produced Cotton Mgt rec None Vote Against
21 Proposal Report on Prevention on Indirect Purchasing of Goods and Use of Forced Labour Mgt rec None Vote Against
Management proposals
22 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.
  • No reliance should be placed on this information or its accuracy, and Norges Bank accepts no responsibility or liability for any action taken or not taken on the basis of this information. Any relevant third party should form their own views based on their own analysis of the relevant facts and circumstances.
  • To be clear, Norges Bank has no duty of care in respect of any third party who decides to view this disclosure, which shall be done entirely at their own risk.
  • Any information in this disclosure is subject to change without notice. In particular, be aware that Norges Bank’s intentions and the holdings of the Government Pension Fund Global may change over time and, to the extent permitted by applicable law, Norges Bank disclaims any responsibility to update this information as a result of such changes or for any other reason.
  • Securities lending or other activity may mean that the votes cast by Norges Bank are significantly different than its economic or published holding of shares, or significantly different from its holding at the date of this disclosure. No assumption should be made or reliance placed on the number of votes that will be cast.
  • Norges Bank is not subject to any prohibition on securities lending, trading or other activity as a result of this disclosure at any point prior to or after the publication of this disclosure.
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