Proxy Blog

Ecolab Inc.

April 10, 2021

The annual proxy for this water and hygiene company had the following proposals: 

  1. Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote 
  2. Shareholder proposal on proxy access 

Magni voted as follows: 

  1. For proforma proposals:
    Directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors.
    -Auditors – The company meets the criteria in Magni’s policy on auditor ratification.
    -Compensation- The disclosures in the proxy meet the criteria in Magni’s policy on the advisory vote. 
  2. For shareholder proposal on proxy access – The shareholder proposal seeks to make proxy access easier for shareholders. Easy access is part of good management of shareholder relationships. Lowering the threshold enables shareholders to communicate more easily.