The Investing Proxy Service is open for Pernod Ricard’s annual general meeting.
Our voting instructions for the general meeting of shareholders | Photo credits: madamF / Shutterstock.com
Pernod Ricard shareholders will gather for their annual general meeting on Thursday November 10 at 2 p.m., Salle Pleyel in Paris. The Investing Proxy Service is open for those who cannot travel. Proxies can be transmitted until Wednesday, November 9, before 3 p.m., via the VotAccess system for bearer shareholders, or on the Sharinbox.societegenerale.com website for registered shareholders.
Here are our voting guidelines. We are in favor of the resolutions not mentioned.
Resolution 3. Vote for. A dividend of 4.12 euros is proposed for the 2021/2022 financial year ending at the end of June, i.e. an increase of 32%. Taking into account the deposit of 1.56 euros paid on July 8, the balance, detached on November 25, will be 2.56 euros.
Resolution 8. Vote for. The ex-post compensation (for 2021/2022) of the CEO, Alexandre Ricard, is up 13.6%, at 3.5 million euros. The fixed of 1.25 million and the variable of 2.25 million increase in the same proportion. This bonus represents 180% of the fixed amount, i.e. the maximum possible. The manager will also be awarded 11,534 performance shares.
Resolution 12. Vote against. The possibility of continuing the share buyback program in the event of a public offer would constitute a protectionist measure.