STANDARD BANK GROUP | Vote on the group’s remuneration policy at STANDARD BANK GROUP

Status
89.92% votes in favour
AGM date
Previous AGM date
Proposal number
7
Resolution details
Company ticker
SBK:SJ
Submitted by
Momentum Metropolitan Life Ltd
Resolution ask
Adopt or amend a policy
ESG theme
  • Governance
ESG sub-theme
  • Remuneration or pay
Type of vote
Other management proposal or proxy item
Filer type
Management
Company sector
Financials
Company HQ country
South Africa
Supporting materials
  • _static_file_Investor20information_Shareholder_information_and_notice_of_AGM_2024 (1) (002).pdf Download
  • SBG_RemunerationReport2023.pdf Download
Supporting statement
Standard Bank Group Ltd has discretion in their remuneration policy. This is against the our zero discretion Momentum Proxy Voting Policy. We believe in full transparency to account for good governance and oversight which would impact shareholder value. There is also a risk in misaligned interests between management and shareholders. A full disclosure remuneration policy is recommended.

How other organisations have declared their voting intentions

Organisation nameDeclared voting intentionsRationale
Momentum Metropolitan Life LtdAgainst

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