The annual proxy for this water treatment company had the following proposals:
- Proforma votes on directors, appointment of auditors, and compensation
- Proforma European votes on annual confirmation of authorities
- Board proposal on stock purchase plan
Magni voted as follows:
- 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.
- For European proforma proposals – The company meets the criteria in Magni’s policy on European proposals..
- For board proposal on stock purchase plan – Per Magni policy, Magni votes in favor of many of these proposals.