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Solvay SA

Ticker: SOLB

Meeting date: 13/05/2014

Meeting type: Annual/Special

Proposal Mgt rec Vote
Management proposals
1 Proposal Receive Directors' and Auditors' Reports (Non-Voting) Mgt rec None Vote None
2 Proposal Approve Remuneration Report Mgt rec For Vote Against
3 Proposal Receive Consolidated Financial Statements and Statutory Reports (Non-Voting) Mgt rec None Vote None
4 Proposal Approve Financial Statements, Allocation of Income, and Dividends of EUR 3.20 per Share Mgt rec For Vote For
5.1 Proposal Approve Discharge of Directors Mgt rec For Vote For
5.2 Proposal Approve Discharge of Auditors Mgt rec For Vote For
6.a.1 Proposal Reelect D. Solvay as Director Mgt rec For Vote For
6.a.2 Proposal Reelect B. Scheuble as Director Mgt rec For Vote For
6b Proposal Indicate B. Scheuble as Independent Board Member Mgt rec For Vote For
6c Proposal Elect R. Thorne as Director Mgt rec For Vote For
6d Proposal Indicate R. Thorne as Independent Board Member Mgt rec For Vote For
6e Proposal Elect G. Michel as Director Mgt rec For Vote For
6f Proposal Indicate G. Michel as Independent Board Member Mgt rec For Vote For
7 Proposal Transact Other Business Mgt rec None Vote None
A Proposal Receive Special Board Report Re: Article Amendments Mgt rec None Vote None
B1 Proposal Amend Article 1 Re: References to LLC as Corporate Form Mgt rec For Vote For
B2 Proposal Amend Article 6 Re: Dematerialization of Bearer Shares Mgt rec For Vote For
B3 Proposal Delete Article 7 Re: Eliminate References to Type C Shares Mgt rec For Vote For
B4 Proposal Delete Article 9 Re: Eliminate References to Type C Shares Mgt rec For Vote For
B5 Proposal Amend Article 10 Re: Increase of Capital Mgt rec For Vote For
B6.1 Proposal Authorize Board to Repurchase Shares Up to 20 Percent of Shares in the Event of a Serious and Imminent Harm Mgt rec For Vote Against
B6.2 Proposal Authorize Share Repurchase Program Up to 16,940,000 Shares and Authorize Reissuance of Repurchased Shares Mgt rec For Vote Against
B7 Proposal Amend Article 11 Re: Defaulting Shareholders Mgt rec For Vote For
B8 Proposal Amend Article 13 Re: Textual Change Mgt rec For Vote For
B9 Proposal Amend Article 13 bis Re: References to FSMA Mgt rec For Vote For
B10 Proposal Amend Article 19 Re: Delegation of Powers Mgt rec For Vote For
B11 Proposal Amend Article 20 Re: Remove References to Vice-Chair Mgt rec For Vote For
B12.1 Proposal Amend Article 21 Re: Remove References to Article 9 Mgt rec For Vote For
B12.2 Proposal Amend Article 21 Re: Textual Change Mgt rec For Vote For
B13 Proposal Amend Article 23 Re: Board Authority Mgt rec For Vote For
B14 Proposal Amend Article 24 Re: Special Powers Board of Directors Mgt rec For Vote For
B15 Proposal Amend Article 25 Re: Delegation of Powers Mgt rec For Vote For
B16 Proposal Amend Article 26 Re: Remuneration of Executive Management Mgt rec For Vote For
B17 Proposal Amend Article 27 Re: Board Authority to Grant Remuneration Mgt rec For Vote For
B18 Proposal Amend Article 33 Re: Shareholder Meeting Mgt rec For Vote For
B19 Proposal Amend Article 37 Re: Remove References to Bearer Shares Mgt rec For Vote For
B20 Proposal Amend Article 41 Re: Shares Mgt rec For Vote For
B21 Proposal Amend Article 42 Re: Remove References to Vice-Chair Mgt rec For Vote For
B22 Proposal Delete Article 46 Re: Availability of Meeting Materials Mgt rec For Vote For
B23 Proposal Renumber Articles of Association Mgt rec For Vote 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:

  • 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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