Ferrari NV

Ticker: RACE
Meeting date: 16/04/2020
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1 Open Meeting None None
2.a Receive Director's Board Report (Non-Voting) None None
2.b Receive Explanation on Company's Reserves and Dividend Policy None None
2.c Approve Remuneration Report For For
2.d Adopt Financial Statements and Statutory Reports For For
2.e Approve Dividends of EUR 1.13 Per Share For For
2.f Approve Discharge of Directors For For
3.a Reelect John Elkann as Executive Director For For
3.b Reelect Louis C. Camilleri as Executive Director For For
3.c Reelect Piero Ferrari as Non-Executive Director For For
3.d Reelect Delphine Arnault as Non-Executive Director 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
3.e Reelect Eduardo H. Cue as Non-Executive Director For For
3.f Reelect Sergio Duca as Non-Executive Director For For
3.g Reelect Maria Patrizia Grieco as Non-Executive Director For For
3.h Reelect Adam Keswick as Non-Executive Director For For
3.i Elect Francesca Bellettini as Non-Executive Director For For
3.j Elect Roberto Cingolani as Non-Executive Director For For
3.k Elect John Galantic as Non-Executive Director For For
4 Appoint Ernst & Young Accountants LLP as Auditors For For
5 Amend Remuneration Policy For For
6.1 Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital Plus Additional 10 Percent in Case of Takeover/Merger For For
6.2 Authorize Board to Exclude Preemptive Rights from Share Issuances For For
6.3 Grant Board Authority to Issue Special Voting Shares Vote rationale: All shareholders should have the right to vote on fundamental corporate decisions, and voting rights should be proportionate to cash flow rights. Any unequal voting rights should be time-limited and aligned with cash flow rights over time. Global Voting Guidelines Multiple share classes For Against
7 Authorize Repurchase of Up to 10 Percent of Issued Share Capital For For
8 Approve Awards to Chairman For For
9 Close Meeting None None

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