Verisure PLC
At the general meeting 23.04.2026 Folketrygdfondet voted against the following items for the following reasons:
Item 5.00 Remuneration Report
Folketrygdfondet’s decision to vote against the executive Remuneration Report is based on a cumulative assessment taking into consideration that the executive remuneration comprising discretionary awards does not align with shareholder interests because this may undermine the integrity of a company's incentive system and call into question whether the board is truly committed to creating a tight and transparent link between pay and performance. For this reason, we voted against this item.
Item 8.06 Elect Austin Lally
Folketrygdfondet opposes the election of the CEO to the board of directors as a matter of principle. One of the board’s main tasks is the supervision of company management, which includes appointment and dismissal of the CEO. Folketrygdfondet considers that board members can only supervise company management adequately if they are not recruited from among management. For this reason, we voted against this item.