Chr. Hansen - AGM 25 November 2020
In general, Chr. Hansen is in compliance with the Danish regulations relating to the organisation and procedures of the Annual General Meeting.
Under ITEMS 7a-7b(g) the (re-)election of the board of directors is proposed.
In view of concerns over aggregate time commitments, ECGS normally would have recommended to vote OPPOSE to the (re-)election of: Ms. Dominique Reiniche (ITEM 7a) and proposed new nominees Mmes Lise Kaae (ITEM 7b e) and Lillie Li Valeur (ITEM 7b g). However, considering that the proxy card does not permit this, it recommends abstention instead.
ITEMS 9a and 9b are proposals made by shareholder Akademiker Pension. Since both proposals are clearly intended to combat climate change ECGS recommends to vote FOR.
Chr. Hansen is a biosciences group based in Denmark. Co. develops and supplies natural ingredient solutions for the food, pharmaceutical, nutritional, and agricultural industries worldwide. Co. operates in three divisions: Cultures and Enzymes (develops, produces, and sells cultures, enzymes, and probiotics for the food and dairy industries); Health and Nutrition (develops products for the dietary supplement, over-the-counter pharmaceutical, infant formula, and animal feed industries); and Natural Colors (develops natural color solutions to the food industry, primarily for the beverage, dairy, confectionery, fruit preparation and ice cream, as well as functional blends for processed meats).
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