H&M Hennes & Mauritz AB
Ticker: HM.B
Meeting date: 04/05/2023
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 None | Vote None |
| 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 | 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 Employee Representative Ingrid Godin | Mgt rec For | Vote For |
| 9.c10 | Proposal Approve Discharge of Employee Representative Tim Gahnstrom | Mgt rec For | Vote For |
| 9.c11 | Proposal Approve Discharge of Employee Representative Louise Wikholm | Mgt rec For | Vote For |
| 9.c12 | Proposal Approve Discharge of Employee Representative Margareta Welinder | Mgt rec For | Vote For |
| 9.c13 | Proposal Approve Discharge of Employee Representative Hampus Glanzelius | Mgt rec For | Vote For |
| 9.c14 | Proposal Approve Discharge of Employee Representative Agneta Gustafsson | 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 1.85 Million for Chairman and SEK 800,000 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 Niklas Zennstrom as Director | Mgt rec For | Vote For |
| 12.8 | Proposal Elect Christina Synnergren 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 Auditor | Mgt rec For | Vote For |
| 14 | Proposal Approve Remuneration Report | Mgt rec For | Vote For |
| 15 | Proposal Approve SEK 3.2 Billion Reduction in Share Capital via Share Cancellation; Approve Capitalization of Reserves of SEK 3.2 Billion for a Bonus Issue | Mgt rec For | Vote For |
| 16 | Proposal Authorize Share Repurchase Program | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 17 | Proposal Request Board to Initiate Plan for Launching Clothing with Fairtrade Label | Mgt rec None | Vote Against |
| 18 | Proposal Request Company to Negotiate with Unions and Suppliers to Establish and Manage (i) Wage Assurance Account, (ii) Severance Claims Account, and (iii) Administration and Enforcement Account | Mgt rec None | Vote Against |
| 19 | Proposal Request Company to Disclose Exposure to and Risks of Sourcing GM Cotton, and Set Targets to Decrease Exposure to GM Cotton and Increase Sourcing of Organic Cotton | Mgt rec None | Vote Against |
| 20 | Proposal Report on Slaughter Methods Used in H&M Supply Chain | Mgt rec None | Vote Against |
| Management proposals | |||
| 21 | 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:
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