Proxy Blog

Adobe Inc. 

March 31, 2021

The annual proxy for this computer software company had the following proposals: 

  1. Proforma votes on directors, appointment of auditors and executive compensation 
  2. Board proposal on authorizing more shares for equity incentive plan 

Magni voted as follows: 

  1. For and against proforma proposals.
    For directors – The disclosures meet the criteria in Magni’s policy on election of directors
    -For auditors – The company meets the criteria in Magni’s policy on auditor ratification.
    -Against advisory vote – The disclosures in the proxy did not meet the criteria in Magni’s policy on the advisory vote. 
  2. For board proposal on authorizing more shares for equity incentive plan. Per Magni policy, Magni votes in favor of many of these proposals.