The annual proxy for this chemical company had the following proposals:
- Proforma proposals on directors, appointment of auditors, and advisory vote on compensation
- Proforma European proposals
Magni voted as follows
- For and against proforma proposals:
–For directors – The disclosures in the proxy 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 “say-on-pay” – The disclosures in the proxy do not meet the criteria in Magni’s policy on the advisory vote. - For European proforma proposals – The proposal meets the criteria in Magni’s policy on European proforma proxy proposals.