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General meeting of BW Energy

At the general meeting of BW Energy on May 19th, 2020, Folketrygdfondet will vote against item number 2(a), for the following reasons:

Item 2(a): Election of members of the nomination committee Andreas Sohmen-Pao (Chairman)

As a matter of principle, Folketrygdfondet takes the view that the nomination committee can only perform its tasks if it is independent of the board of directors. This is not the case here, as the chairman of the nomination committee is also standing for re-election as the chairman of the board of directors. For this reason, Folketrygdfondet will vote against item 2(a).
 
 

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