Vote Summary Report
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Artemis Investment Management Voting Q3 2020 Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 CrowdStrike Holdings, Inc. Meeting Date: 06/07/2020 Country: USA Meeting Type: Annual Proposal Vote Number Proposal Text Mgmt Rec Instruction 1.1 Elect Director Denis J. O'Leary For Withhold Blended Rationale: Vote Withhold is warranted due to concerns over performance:- Withhold votes are warranted for director nominees Denis O'Leary, Joseph Sexton, and Godfrey Sullivan given the board's failure to remove, or subject to a reasonable sunset requirement, the dual-class capital structure, supermajority and "pop-up" supermajority vote requirements to enact certain changes to the governing documents, and the classified board, each of which adversely impacts shareholder rights. 1.2 Elect Director Joseph E. Sexton For Withhold Blended Rationale: Please refer to Item 1.1. 1.3 Elect Director Godfrey R. Sullivan For Withhold Blended Rationale: Please refer to Item 1.1. 2 Ratify PricewaterhouseCoopers LLP as Auditors For For Quadient SA Meeting Date: 06/07/2020 Country: France Meeting Type: Annual/Special Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Approve Financial Statements and Statutory For For Reports 2 Approve Allocation of Income and Dividends of For For EUR 0.35 per Share 3 Approve Consolidated Financial Statements and For For Statutory Reports 4 Approve Auditors' Special Report on For For Related-Party Transactions 5 Approve Compensation Report of Corporate For For Officers 6 Approve Compensation of Denis Thiery, For For Chairman of the Board Until June 28, 2019 7 Approve Compensation of Didier Lamouche, For For Chairman of the Board Since June 28, 2019 8 Approve Compensation of Geoffrey Godet, CEO For For Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 Quadient SA Proposal Vote Number Proposal Text Mgmt Rec Instruction 9 Approve Remuneration Policy of Chairman of For For the Board 10 Approve Remuneration Policy of CEO For For 11 Approve Remuneration Policy of Directors For For 12 Reelect Eric Courteille as Director For For 13 Reelect William Hoover Jr as Director For For 14 Renew Appointment of Auditex as Alternate For For Auditor 15 Authorize Repurchase of Up to 10 Percent of For For Issued Share Capital 16 Change Company Name to Quadient and For For Amend Article 3 of Bylaws Accordingly 17 Amend Article 13 of Bylaws Re: Employee For For Representatives 18 Amend Article 14 of Bylaws Re: Board Members For For Deliberation via Written Consultation 19 Authorize Issuance of Equity or Equity-Linked For For Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 15 Million 20 Authorize Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 3.4 Million 21 Approve Issuance of Equity or Equity-Linked For For Securities for Private Placements, up to Aggregate Nominal Amount of EUR 3.4 Million 22 Authorize Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 3.4 Million 23 Approve Issuance of Equity or Equity-Linked For For Securities for Private Placements, up to Aggregate Nominal Amount of EUR 3.4 Million 24 Authorize Board to Increase Capital in the Event For For of Additional Demand Related to Delegation Submitted to Shareholder Vote Above 25 Authorize Capitalization of Reserves of Up to For For EUR 30 Million for Bonus Issue or Increase in Par Value 26 Authorize Capital Increase of up to 10 Percent For For of Issued Capital for Contributions in Kind 27 Authorize Capital Increase for Future Exchange For For Offers 28 Authorize Capital Issuances for Use in Employee For For Stock Purchase Plans Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 Quadient SA Proposal Vote Number Proposal Text Mgmt Rec Instruction 29 Authorize Capital Issuances for Use in Employee For For Stock Purchase Plans Reserved for Employees of International Subsidiaries 30 Authorize up to 400,000 Shares for Use in For For Restricted Stock Plans 31 Authorize Decrease in Share Capital via For For Cancellation of Repurchased Shares 32 Authorize Filing of Required Documents/Other For For Formalities Assura Plc Meeting Date: 07/07/2020 Country: United Kingdom Meeting Type: Annual Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Accept Financial Statements and Statutory For For Reports 2 Approve Share Incentive Plan For For 3 Approve Remuneration Report For For 4 Reappoint Deloitte LLP as Auditors For For 5 Authorise the Audit Committee to Fix For For Remuneration of Auditors 6 Re-elect Ed Smith as Director For For 7 Re-elect Louise Fowler as Director For For 8 Re-elect Jonathan Murphy as Director For For 9 Re-elect Jenefer Greenwood as Director For For 10 Re-elect Jayne Cottam as Director For For 11 Re-elect Jonathan Davies as Director For For 12 Authorise Issue of Equity For For 13 Authorise Issue of Equity without Pre-emptive For For Rights 14 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment 15 Authorise Market Purchase of Ordinary Shares For For Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 Assura Plc Proposal Vote Number Proposal Text Mgmt Rec Instruction 16 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Fielmann AG Meeting Date: 09/07/2020 Country: Germany Meeting Type: Annual Proposal Vote Number Proposal Text Mgmt Rec Instruction 2 Approve Allocation of Income and Omission of For For Dividends 3 Approve Discharge of Management Board for For For Fiscal 2019 4 Approve Discharge of Supervisory Board for For For Fiscal 2019 5 Ratify Deloitte GmbH as Auditors for Fiscal 2020 For For 6 Elect Mark Binz, Hans-Georg Frey, Carolina For For Mueller-Moehl, Joachim Oltersdorf, Marie-Christine Ostermann, Pier Righi, Sarna Roeser, Hans-Otto Schrader as Supervisory Board Members (Bundled) Blended Rationale: A vote FOR is warranted. Although the bundling of director elections goes against local best practice, there are no particular concerns regarding the individual directors. 7 Amend Articles Re: Participation Right For For easyJet Plc Meeting Date: 14/07/2020 Country: United Kingdom Meeting Type: Special Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Approve Capital Raising For For Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 Eregli Demir ve Celik Fabrikalari TAS Meeting Date: 14/07/2020 Country: Turkey Meeting Type: Annual Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Open Meeting and Elect Presiding Council of For For Meeting 2 Authorize Presiding Council to Sign Minutes of For For Meeting 3 Accept Board Report For For 4 Accept Audit Report For For 5 Accept Financial Statements For For 6 Approve Discharge of Board For For 7 Approve Allocation of Income For For 8 Elect Directors For For 9 Approve Director Remuneration For Against Blended Rationale: Vote against is warranted due to a lack of disclosure provided by the company. 10 Grant Permission for Board Members to Engage For For in Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose 11 Ratify External Auditors For For 13 Approve Upper Limit of Donations for 2020 and For Against Receive Information on Donations Made in 2019 Blended Rationale: The company has not provided information on this proposal. 14 Approve Share Repurchase Program For For Industria de Diseno Textil SA Meeting Date: 14/07/2020 Country: Spain Meeting Type: Annual Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Approve Standalone Financial Statements For For Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 Industria de Diseno Textil SA Proposal Vote Number Proposal Text Mgmt Rec Instruction 2 Approve Consolidated Financial Statements and For For Discharge of Board 3 Approve Non-Financial Information Statement For For 4 Approve Allocation of Income For For 5 Approve Dividends Charged Against Unrestricted For For Reserves 6.a Reelect Pontegadea Inversiones SL as Director For For 6.b Reelect Denise Patricia Kingsmill as Director For For 6.c Ratify Appointment of and Elect Anne Lange as For For Director 7 Renew Appointment of Deloitte as Auditor For For 8.a Amend Articles Re: Remote Attendance to For For General Meetings 8.b Approve Restated Articles of Association For For 9.a Amend Article 6 of General Meeting Regulations For For Re: Competences of General Meetings 9.b Amend Articles of General Meeting Regulations For For Re: Remote Attendance 9.c Approve Restated General Meeting Regulations For For 10 Advisory Vote on Remuneration Report For For 11 Authorize Board to Ratify and Execute Approved For For Resolutions QinetiQ Group plc Meeting Date: 14/07/2020 Country: United Kingdom Meeting Type: Annual Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Accept Financial Statements and Statutory For For Reports 2 Approve Remuneration Report For For Blended Rationale: Although the structure of the remuneration plans is not ideal, pay outcomes are not unreasonable. Vote Summary Report Reporting Period: 01/07/2020 to 30/09/2020 QinetiQ Group plc Proposal Vote Number Proposal Text Mgmt Rec Instruction 3 Approve Remuneration Policy For For Blended Rationale: Although the remuneration package is weighted significantly towards the achievement of shorter term targets and the structure is complex, vesting is over the longer term. A number of improvements have been introduced which align with the recommendations of the 2018 UK Corporate