Skandinaviska Enskilda Banken AB

At the Skandinaviska Enskilda Banken AB general meeting 1 April 2025, Folketrygdfondet, voted against item 14.01.08, item 22.00, item 23.00 and item 24.00 for the following reasons:

Item 14.01.08: Elect Johan Torgneby

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.

Item 22.00: Shareholder Proposal Regarding BankID Security

Folketrygdfondet opposes the shareholder proposal because management and the board have more and better information about the company and its operations and are therefore in the best position to determine what actions should be taken in regard of this matter. For this reason, we voted against this item.
 

Item 23.00: Shareholder Proposal Regarding BankID Security During Entry of Payment

Folketrygdfondet opposes the shareholder proposal because management and the board have more and better information about the company and its operations and are therefore in the best position to determine what actions should be taken in regard of this matter. For this reason, we voted against this item.

Item 24.00: Shareholder Proposal Regarding Aligning Business Strategy to the Paris Agreement

Folketrygdfondet opposes the shareholder proposal because management and the board have more and better information about the company and its operations and are therefore in the best position to determine what actions should be taken in regard of this matter. For this reason, we voted against this item.
 

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