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The Coca-Cola Company

Ticker: KO

Møtedato: 26.04.2022

Møtetype: Annual

Forslag Ledelsens anbefalning Stemme
Management proposals
1.1 Forslag Elect Director Herb Allen Ledelsens anbefalning For Stemme For
1.2 Forslag Elect Director Marc Bolland Ledelsens anbefalning For Stemme For
1.3 Forslag Elect Director Ana Botin Ledelsens anbefalning For Stemme For
1.4 Forslag Elect Director Christopher C. Davis Ledelsens anbefalning For Stemme For
1.5 Forslag Elect Director Barry Diller 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 Styremedlemmers tidsbruk Ledelsens anbefalning For Stemme Against
1.6 Forslag Elect Director Helene D. Gayle Ledelsens anbefalning For Stemme For
1.7 Forslag Elect Director Alexis M. Herman Ledelsens anbefalning For Stemme For
1.8 Forslag Elect Director Maria Elena Lagomasino Ledelsens anbefalning For Stemme For
1.9 Forslag Elect Director James Quincey Vote rationale: The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest. Global Voting Guidelines Deling av rollene som styreleder og administrerende direktør Ledelsens anbefalning For Stemme Against
1.10 Forslag Elect Director Caroline J. Tsay Ledelsens anbefalning For Stemme For
1.11 Forslag Elect Director David B. Weinberg Ledelsens anbefalning For Stemme For
2 Forslag 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 Avlønning av administrerende direktør Ledelsens anbefalning For Stemme Against
3 Forslag Ratify Ernst & Young LLP as Auditors Ledelsens anbefalning For Stemme For
Shareholder proposals
4 Forslag Report on External Public Health Costs Ledelsens anbefalning Against Stemme Against
5 Forslag Report on Global Public Policy and Political Influence Ledelsens anbefalning Against Stemme Against
6 Forslag Require Independent Board Chair Vote rationale: The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest. Global Voting Guidelines Deling av rollene som styreleder og administrerende direktør Ledelsens anbefalning Against Stemme 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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  • 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.
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