Items 12(a) and (b): The Board’s proposals regarding guiding principles for the remuneration of senior executives
Rationale:
Folketrygdfondet’s decision to vote against items 12(a) and (b) is based on a cumulative assessment of the following elements. The plan does not disclose the criteria for awards under the short-term and long-term incentive programs and the performance period is only a single year.
Items 13(a) and (c): The Board’s proposals regarding mandates to (a) acquire series A shares related to personnel option plan for 2019 and (c) transfer series A shares related to personnel option plan for 2019
Rationale:
Folketrygdfondet voted against these items, consistent with our voting under items 12(a) and (b).