Hexagon Composites ASA
At the general meeting 04.06.2026, Folketrygdfondet abstained from voting or voted against the following items for the following reasons:
14.00 Authority to Issue Shares w/ or w/o Preemptive Rights
We vote against this proposal as such authorisations may be used as anti-takeover mechanisms. This could limit shareholders’ ability to realise value in a takeover situation and reduce shareholder influence over significant capital decisions.
14.01 Authority to Issue Shares (Corporate Purposes)
We vote against this proposal as the authorisation may serve as an anti-takeover mechanism. In our view, such mechanisms are not in the best interests of shareholders, as they may restrict shareholders’ ability to determine the outcome of potential takeover situations.
14.02 Authority to Issue Shares (Incentive Plans)
We vote against this proposal as the requested authorisation may be used as an anti-takeover mechanism and could weaken shareholder protections. We expect authorities related to incentive plans to be clearly defined and sufficiently limited to mitigate governance risks.