TOTALENERGIES SE | Director election - Jacques Aschenbroich
How other organisations have declared their voting intentions
| Organisation name | Declared voting intentions | Rationale |
|---|---|---|
| LBPAM La Banque Postale Asset Management | Against | The LBP AM Group will not support the renewal of the term of office of Lead Independant Director Jacques Aschenbroich, following the Board's decision not to place on the AGM agenda the external resolution filed by a coalition of 19 investors calling for an advisory shareholder consultation on the separation of the functions of Chairman and CEO. |
| Lothian Pension Fund | Against | As Lead Independent Director Jacques Aschenbroich has responsibility for board governance at TotalEnergies. We therefore hold him accountable for the Board’s refusal to allow the proposed consultative shareholder resolution on the separation of the Chair and CEO roles onto the ballot, which we consider an erosion of shareholder rights. |
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