Transparency.

Our voting behaviour as shareholders.

Principles for exercising voting rights in accordance with the Ordinance against Excessive Compensation (VegüV).

In the case of listed companies domiciled in Switzerland, pension funds must exercise the voting rights in the interest of the insured. At Avanea, this is done by the asset management or, in exceptional cases, by the managing director.

The following principles apply to the exercise of voting rights:

  • The election of the members of the Board of Directors, the Compensation Committee, the Auditors and the Independent Proxy must be held annually
  • No double mandates Board of Directors / Executive Board
  • The total amount of compensation for the Board of Directors and the Executive Board is determined annually.
  • No severance payments or remunerations agreed or paid in advance
  • No commissions for the acquisition or transfer of companies, or parts thereof
  • No performance-related remuneration that does not comply with the Articles of Association
  • Possibility of electronic voting

If these principles are not adhered to, Avanea will vote against the proposals of the Board of Directors.

The insured persons shall be informed of the voting behaviour at least once a year in an appropriate form – in the annual report and/or via the website.

Below you will find the voting patterns for last year.