bpost SA

Ticker: BPOST
Meeting date: 10/05/2023
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1 Receive Directors' Reports (Non-Voting) None None
2 Receive Auditors' Reports (Non-Voting) None None
3 Receive Consolidated Financial Statements and Statutory Reports (Non-Voting) None None
4 Approve Financial Statements, Allocation of Income, and Dividends of EUR 0.40 per Share For For
5 Approve Remuneration Report Vote rationale: The board is responsible for attracting the right CEO and setting appropriate remuneration. A substantial proportion of annual remuneration should be provided as shares that are locked in for five to ten years, regardless of resignation or retirement. The board should provide transparency on total remuneration to avoid unacceptable outcomes. The board should ensure that all benefits have a clear business rationale. Pensionable income should constitute a minor part of total remuneration. Global Voting Guidelines CEO remuneration For Against
6 Approve Discharge of Directors Vote rationale: Shareholders should have the right to seek changes to the board when it does not act in their best interest. We will consider whether the board has failed to act on material requests from shareholders, sought to circumvent shareholder proposals or implemented governance changes limiting shareholders’ rights without their approval. When voting on a proposal to discharge the board of responsibilities, we will consider whether any information raises reasonable doubt about the board’s actions. We will also take into considerations unsatisfactory financial and strategic performance, mismanaged risk-taking, unacceptable treatment of stakeholders or undesired environmental or social outcomes from company operations. Global Voting Guidelines For Against
7 Approve Discharge of Auditors For For
8.1 Elect Ann Caluwaerts as Director For For
8.2 Elect Ann Vereecke as Director For For
9 Approve Amended Remuneration Policy For For
10 Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry For 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:

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