Orion Corporation

At the Orion Corporation general meeting on 20 March 2024, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 11 for the following reasons:

Item 11.00: Remuneration Policy 
Rationale:
Folketrygdfondet’s decision to vote against the executive Remuneration Policy is based on a cumulative assessment taking into consideration that the policy provides insufficient disclosure to assess how the executive remuneration policy aligns with shareholder interests. In particular, severance agreements, no benchmark used for pay-settings or payout limits are disclosed.

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