BlackRock, Inc.

Ticker: BLK
Meeting date: 24/05/2023
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1a Elect Director Bader M. Alsaad For For
1b Elect Director Pamela Daley For For
1c Elect Director Laurence D. Fink For For
1d Elect Director William E. Ford For For
1e Elect Director Fabrizio Freda For For
1f Elect Director Murry S. Gerber For For
1g Elect Director Margaret "Peggy" L. Johnson For For
1h Elect Director Robert S. Kapito For For
1i Elect Director Cheryl D. Mills For For
1j Elect Director Gordon M. Nixon For For
1k Elect Director Kristin C. Peck For For
1l Elect Director Charles H. Robbins For For
1m Elect Director Marco Antonio Slim Domit Vote rationale: Board members should devote sufficient time to fulfil their responsibilities effectively. The chairperson is responsible for leading all aspects of the board’s work and should devote a significant amount of time to fulfil his or her responsibilities effectively. Board members should contribute to effective discussions and decision-making by attending all meetings. Global Voting Guidelines Time commitment of board members For Against
1n Elect Director Hans E. Vestberg For For
1o Elect Director Susan L. Wagner For For
1p Elect Director Mark Wilson For For
2 Advisory Vote to Ratify Named Executive Officers' Compensation 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
3 Advisory Vote on Say on Pay Frequency One year One year
4 Ratify Deloitte & Touche LLP as Auditors For For
Shareholder proposals
5 Report on Third-Party Civil Rights Audit Against Against
6 Report on Ability to Engineer Decarbonization in the Real Economy Against Against
7 Report on Societal Impacts of Aerospace & Defense Industry ETF Against 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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