The annual proxy for this software company had the following proposals:
- Proforma votes on directors, appointment of auditors, and compensation
- Shareholder proposal on political disclosure
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 compensation – The disclosures in the proxy did not meet the criteria in Magni’s policy on the advisory vote.
- Against shareholder proposal on political disclosure. The proposal did not meet the requirements in the Magni policy on lobbying disclosure.