Geberit AG

Ticker: GEBN
Meeting date: 19/04/2023
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1 Accept Financial Statements and Statutory Reports For For
2 Approve Allocation of Income and Dividends of CHF 12.60 per Share For For
3 Approve Discharge of Board of Directors For For
4.1 Amend Articles of Association For For
4.2 Amend Articles Re: Editorial Changes For For
4.3 Amend Corporate Purpose For For
4.4 Amend Articles Re: Share Register and Nominees For For
4.5 Amend Articles Re: Board Meetings; Electronic Communication For For
4.6 Amend Articles Re: Age Limit for Board and Compensation Committee Members For For
4.7 Amend Articles Re: Board Resolutions For For
5.1.1 Reelect Albert Baehny as Director and Board Chair For For
5.1.2 Reelect Thomas Bachmann as Director For For
5.1.3 Reelect Felix Ehrat as Director For For
5.1.4 Reelect Werner Karlen as Director For For
5.1.5 Reelect Bernadette Koch as Director For For
5.1.6 Reelect Eunice Zehnder-Lai as Director For For
5.2.1 Reappoint Eunice Zehnder-Lai as Member of the Nomination and Compensation Committee For For
5.2.2 Reappoint Thomas Bachmann as Member of the Nomination and Compensation Committee For For
5.2.3 Reappoint Werner Karlen as Member of the Nomination and Compensation Committee For For
6 Designate Roger Mueller as Independent Proxy For For
7 Ratify PricewaterhouseCoopers AG as Auditors For For
8.1 Approve Remuneration Report For For
8.2 Approve Remuneration of Directors in the Amount of CHF 2.4 Million For For
8.3 Approve Remuneration of Executive Committee in the Amount of CHF 13 Million For For
9 Approve CHF 68,525.10 Reduction in Share Capital as Part of the Share Buyback Program via Cancellation of Repurchased Shares For For
10 Approve Creation of Capital Band within the Upper Limit of CHF 3.9 Million and the Lower Limit of CHF 3.2 Million with or without Exclusion of Preemptive Rights For For
11 Transact Other Business (Voting) Vote rationale: We will not support an agenda item if the information disclosed is insufficient to make an informed decision. Global Voting Guidelines For Against

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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