The annual proxy for this data storage company had the following proposals:
- Proforma proposals on directors, appointment of auditors, and compensation
- Proforma European-style proposal on share transaction authorities
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. - For European proforma proposal – The proposal meets the criteria in Magni’s policy on European proforma proxy proposals.