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“We were successful is asking companies to amend certain points prior to their AGMs”
Less positively, widespread criticism of the candidates for election—or re-election—as supervisory board directors was necessary. Moreover, corporate reporting on the implementation of remuneration policy continues to be weak.
“An intensive shareholder engagement has been taking place throughout the year"
Given the company’s circumstances—the company was in merger talks where extra supervisory board meetings were unavoidable—it is perhaps unsurprising that a significant number of shareholders felt that this was an inappropriate change.