L'Oreal SA
Ticker: OR
Meeting date: 20/04/2021
Meeting type: Annual/Special
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Approve Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 2 | Proposal Approve Consolidated Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 3 | Proposal Approve Allocation of Income and Dividends of EUR 4 per Share and an Extra of EUR 0.40 per Share to Long Term Registered Shares | Mgt rec For | Vote For |
| 4 | Proposal Elect Nicolas Hieronimus as Director | Mgt rec For | Vote For |
| 5 | Proposal Elect Alexandre Ricard as Director | Mgt rec For | Vote For |
| 6 | Proposal Reelect Francoise Bettencourt Meyers as Director | Mgt rec For | Vote For |
| 7 | Proposal Reelect Paul Bulcke as Director | Mgt rec For | Vote For |
| 8 | Proposal Reelect Virginie Morgon as Director | Mgt rec For | Vote For |
| 9 | Proposal Approve Compensation Report of Corporate Officers | Mgt rec For | Vote For |
| 10 | Proposal Approve Compensation of Jean-Paul Agon, Chairman and CEO | Mgt rec For | Vote For |
| 11 | Proposal Approve Remuneration Policy of Directors | Mgt rec For | Vote For |
| 12 | Proposal Approve Remuneration Policy of Jean-Paul Agon, Chairman and CEO Until April 30, 2021 | Mgt rec For | Vote For |
| 13 | Proposal Approve Remuneration Policy of Nicolas Hieronimus, CEO Since May 1, 2021 | Mgt rec For | Vote For |
| 14 | Proposal Approve Remuneration Policy of Jean-Paul Agon, Chairman of the Board Since May 1, 2021 | Mgt rec For | Vote For |
| 15 | Proposal Approve Amendment of Employment Contract of Nicolas Hieronimus, CEO Since May 1, 2021 | Mgt rec For | Vote For |
| 16 | Proposal Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Mgt rec For | Vote For |
| 17 | Proposal Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up a Maximum Nominal Share Capital value of EUR 156,764,042.40 | Mgt rec For | Vote For |
| 18 | Proposal Authorize Capitalization of Reserves for Bonus Issue or Increase in Par Value | Mgt rec For | Vote For |
| 19 | Proposal Authorize Capital Increase of up to 2 Percent of Issued Capital for Contributions in Kind | Mgt rec For | Vote For |
| 20 | Proposal Authorize Capital Issuances for Use in Employee Stock Purchase Plans | Mgt rec For | Vote For |
| 21 | Proposal Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries | Mgt rec For | Vote For |
| 22 | Proposal Amend Article 9.2 of Bylaws Re: Written Consultation | Mgt rec For | Vote For |
| 23 | Proposal Authorize Filing of Required Documents/Other Formalities | 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.
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