The Toronto-Dominion Bank | Committee of 5 Persons to Consider All Out-of-court Settlements at The Toronto-Dominion Bank

Status
0.53% votes in favour
AGM date
Previous AGM date
Proposal number
8
Resolution details
Lead filer
Individual
Resolution ask
Amend board structure
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Canada
Resolved clause
RESOLVED: It is proposed that a committee of 5 persons be established to approve any out-ofcourt settlement. This committee should include 1 non-executive active employee, 1
retired employee, 2 shareholder representatives and 1 customer or public
representative
Supporting statement
SUPPORTING STATEMENT: This committee will ensure that signed out-of-court settlement comply with TD’s objectives and code of
ethics, as well as with the laws and regulations governing Canadian institutions. It will also put pressure on
decision-makers to ensure that decisions are made for the good of employees, shareholders and the public,
and in accordance with the laws and regulations governing financial institutions.

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