We are pleased to present our annual European AGM Season Review which provides a comprehensive analysis of general meeting trends across nine major European markets. As well as the seven markets covered in previous Season Reviews, this year’s report now contains chapters on Belgium and Denmark.
Highlights in this year’s report:
Fewer "Say on Climate" proposals were put forward in 2023, due to decreased investor support in 2022 and cases of investor pushback on these proposals
Proxy advisors continued their influence on voting outcomes in 2023, though investors are increasingly relying on their own voting policies
Resolutions relating to executive compensation maintained their position as the most contested resolution type in Europe as the share of contested remuneration reports continued to rise
The seven biggest indices by market cap, except for Spain and Germany, saw fewer contested director elections in 2023
With exclusive insights from the following institutional investors:
Jocelyn Brown, Head of Governance - EMEA & APAC at T. Rowe Price
James Upton, Senior Governance Specialist at Pictet Asset Management
Michiel van Esch, Director Active Ownership of Robeco Asset Management