Nokia Corporation | 2014

For the first year, on June 17, 2014, Etica Sgr voted, through web platform, at the shareholder general meeting of Nokia, a Finnish Company providing Internet services and telecommunication networks.
It was voted in favor of all candidates proposed, appreciating the high level of independent directors in the Board and the separation of the CEO and Chairman roles.
Regarding the Remuneration Policy, Etica Sgr voted for because it found a natural balance from the previous year and its main competitors. In addition, Etica Sgr voted in favor of the payment of dividend proposed because it considered the proposal reflecting the Company’s capital structure.
It also voted in favor of the proposal of the Board to repurchase the Company’s own shares and to issue shares without preemptive rights, because no concerns have been identified.
Finally, Etica Sgr abstained on the ratification of the independent auditors, in office for 20 years: Etica Sgr would like to have more evidence of the independence of the auditor.

Engagement Foreign companies
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