Sveafastigheter AB
At the Sveafastigheter AB general meeting 20 May 2025, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 15.00, 18.01, 18.02 and 18.03 for the following reasons:
Item 15.00: Remuneration Policy
Folketrygdfondet’s decision to vote against the executive Remuneration Policy is based on a cumulative assessment taking into consideration shortcomings when it comes to the long term incentive plan, hereunder the share-based remuneration proposed by the Company and reflected in the proposal to amend the articles. Folketrygdfondet does not support the establishment of two classes of shares. For this reason, we voted against this item.
Item 18.01: Adoption of Share-Based Incentives (Share Rights Program 2025)
Folketrygdfondet’s decision to vote against the executive Adoption of Share-Based Incentives is based on a cumulative assessment taking into consideration shortcomings when it comes to the long term incentive plan and the share-based remuneration proposed by the Company and reflected in the proposal to amend articles. For this reason, we voted against this item.
Item 18.02: Amendments to Articles; Authority to Issue and Repurchase New Class C-Shares; Authority to Transfer Shares (Share Rights Program 2025)
Folketrygdfondet’s decision to vote against the Amendments to Articles is based on a cumulative assessment taking into consideration several shortcomings when it comes to the long term incentive plan and the share-based remuneration proposed by the Company and reflected in the proposal to amend articles. For this reason, we voted against this item.
Item 18.03: Authority to Issue and Transfer Warrants (Share Rights Program 2025)
Folketrygdfondet’s decision to vote against the Authority to Issue and Transfer Warrants is based on a cumulative assessment taking into consideration shortcomings when it comes to the long term incentive plan and the share-based remuneration proposed by the Company and reflected in the proposal to amend articles. For this reason, we voted against this item.