Governance structure
The Board of Directors resolved to oppose all 3 shareholder proposals. There is no statement that the company's corporate governance structure or committee composition has been changed.
| Item | Details |
|---|---|
| Committee | Nomination and Remuneration Committee (percentage of outside committee members: Not disclosed) |
| Changes this time | The Board of Directors resolved to oppose all 3 shareholder proposals. There is no statement that the company's corporate governance structure or committee composition has been changed. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Board of Directors opposed all 3 proposals on the grounds that the company needs an agile and flexible capital policy and decision-making, a shareholder returns policy combining dividends and share buybacks, a balance with growth investment, and its existing objective compensation determination process, among other reasons.