Kone Oyj
Ticker: KNEBV
Meeting date: 28/02/2023
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Open Meeting | Mgt rec None | Vote None |
| 2 | Proposal Call the Meeting to Order | Mgt rec None | Vote None |
| 3 | Proposal Designate Inspector or Shareholder Representative(s) of Minutes of Meeting | Mgt rec For | Vote For |
| 4 | Proposal Acknowledge Proper Convening of Meeting | Mgt rec For | Vote For |
| 5 | Proposal Prepare and Approve List of Shareholders | Mgt rec For | Vote For |
| 6 | Proposal Receive Financial Statements and Statutory Reports | Mgt rec None | Vote None |
| 7 | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 8 | Proposal Approve Allocation of Income and Dividends of EUR 1.7475 per Class A Share and EUR 1.75 per Class B Share | Mgt rec For | Vote For |
| 9 | Proposal Approve Discharge of Board and President | Mgt rec For | Vote For |
| 10 | Proposal Approve Remuneration Report (Advisory Vote) | Mgt rec For | Vote For |
| 11 | Proposal Approve Remuneration of Directors in the Amount of EUR 220,000 for Chairman, EUR 125,000 for Vice Chairman, and EUR 110,000 for Other Directors | Mgt rec For | Vote For |
| 12 | Proposal Fix Number of Directors at Nine | Mgt rec For | Vote For |
| 13.a | Proposal Reelect Matti Alahuhta as Director | Mgt rec For | Vote For |
| 13.b | Proposal Reelect Susan Duinhoven as Director | Mgt rec For | Vote For |
| 13.c | Proposal Elect Marika Fredriksson as New Director | Mgt rec For | Vote For |
| 13.d | Proposal Reelect Antti Herlin as Director | Mgt rec For | Vote For |
| 13.e | Proposal Reelect Iiris Herlin as Director | Mgt rec For | Vote For |
| 13.f | Proposal Reelect Jussi Herlin as Director Vote rationale: Board decisions that are particularly vulnerable to conflicts of interest should have additional safeguards. Management should not serve on the audit or remuneration committees. The audit committee should have a majority of independent, shareholder-elected members. Global Voting Guidelines Board independence | Mgt rec For | Vote Against |
| 13.g | Proposal Reelect Ravi Kant as Director | Mgt rec For | Vote For |
| 13.h | Proposal Elect Marcela Manubens as New Director | Mgt rec For | Vote For |
| 13.i | Proposal Reelect Krishna Mikkilineni as Director | Mgt rec For | Vote For |
| 14 | Proposal Approve Remuneration of Auditors | Mgt rec For | Vote For |
| 15 | Proposal Elect One Auditor for the Term Ending on the Conclusion of AGM 2023 | Mgt rec For | Vote For |
| 16 | Proposal Ratify Ernst & Young as Auditors | Mgt rec For | Vote For |
| 17 | Proposal Amend Articles Re: Company Business; General Meeting Participation | Mgt rec For | Vote For |
| 18 | Proposal Authorize Share Repurchase Program | Mgt rec For | Vote For |
| 19 | Proposal Approve Issuance of Shares and Options without Preemptive Rights | Mgt rec For | Vote For |
| 20 | Proposal Close Meeting | Mgt rec None | Vote None |
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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