Proxy Blog

Pentair PLC 

April 9, 2021

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

  1. Proforma votes on directors, appointment of auditors, and compensation 
  2. Proforma European votes on annual confirmation of authorities 
  3. Board proposal on stock purchase 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 European proforma proposals – The company meets the criteria in Magni’s policy on European proposals..  
  3. For board proposal on stock purchase plan – Per Magni policy, Magni votes in favor of many of these proposals.