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Expert Corporate Governance Service (ECGS)
  • Expert Corporate Governance Service (ECGS)

Etude de l'AG du 19/04/2017

Under agenda item 3 a and b, the Board of Directors requests approval of the updated Remuneration Policy and Long Term Incentive-plan.Although we welcome some of the changes as improvements to the policy, the weighing of the LTIP performance criteria have become less balanced, the maximum level under the LTIP have increased to exceed levels in our guidelines, the vesting of any outstanding unvested shares under the LTIP may still be accelerated in case of termination of employment and the CEO is...

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