The annual proxy for this oilfield services company had the following proposals:
- Proforma votes on directors, appointment of auditors, and executive compensation
- Proforma European vote on financials
- Board proposals on equity incentive plans
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 advisory vote – The disclosures in the proxy do 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 proposals on equity incentive plan. Per Magni policy, Magni votes in favor of many of these proposals.