Report
Florian Béchaz
EUR 1000.00 For Business Accounts Only

Sodexo - AGM 21 January 2020

ECGS congratulates the company for its efforts to respect shareholder rights by proposing no cancellation of preferential subscription rights (except in the case of an issue reserved to employees).

The new remuneration policy for the Chief Executive Officer will no longer include the possibility of granting an exceptional remuneration (item 11).

The proposal to reduce the time limit for declaring threshold crossings from the statutory period of 15 days to 5 days poses a practical problem for investors and an increased risk of deprivation of voting rights (item 15).

Underlying
Sodexo SA

Sodexo is a services company which partners with companies, institutions and local authorities. Co. designs, manages and delivers Quality of Life services. Co.'s offers are: On-Site Service Solutions (Co.'s services are: Corporate, Defense, Justice Services, Remote sites, Health Care, Seniors, Education and Sports and Leisure), Benefits and Rewards Services Solutions (Co.'s offers focus on the following services: recruit and retain employees and increase their motivation; mobilize teams around quantitative or qualitative objectives; ensure delivery of Public Benefits), and Personal and Home Services (services in childcare; tutoring and adult education; concierge services and senior care).

Provider
Proxinvest
Proxinvest

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
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  • 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.

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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. 

Analysts
Florian Béchaz

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