Edenred- Assemblée Générale des actionnaires du 7 mai 2020
Rémunérations
La société propose de remplacer la retraite à prestations définies (dont les droits sont désormais gelés) par un régime à cotisations définies. Tout d’abord, Proxinvest regrette un manque de transparence de la société : en effet, la rente estimée attachée au précédent régime de retraite à prestations définies n’est pas communiquée ce qui ne respecte pas la Loi Macron et ce qui ne permet pas aux actionnaires de contrôler la valorisation du transfert de ces sommes sur le nouveau régime. De plus, le taux de cotisation de 21% estimé sur la base de la rémunération 2020 peut paraître élevé au regard des recommandations des investisseurs britanniques sur le sujet (25% de la rémunération fixe et non 21% du total fixe + variable).
Ce nouveau régime de retraite n’est plus un engagement réglementé et sa mise en place est soumise à l’approbation de la nouvelle politique de rémunération. Comme ce régime ne respecte pas nos principes, nous ne soutenons pas la résolution 8.
Edenred designs and delivers services to clients, companies or public sectors, enabling them to offer beneficiaries additional purpose-directed purchasing power, such as the Ticket Restaurant® meal voucher, and provides prepaid corporate services. Co.'s product offering ensures that allocated funds are used as intended, allowing its clients to manage: Employee benefits (Ticket Restaurant®, Ticket Alimentacion®, Ticket CESU, Childcare Vouchers®, etc.); Expense management process (Ticket Car®, Ticket Clean way®, Repom®, etc.); and Incentive and rewards programs (Ticket Compliments®, Ticket Kadeos®, etc.). Co. also supports public institutions in managing their social benefits programs.
Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.
Proxinvest main services are :
- Proxy reports
- Definition and monitoring of client customized voting guidelines
- Corporate Governance Data and Rating
- Thematic research
- Engagement support
Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.
Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.
As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.