Chapter 11: ARTICLE 9A AND 9B: SAY ON PAY
Christoph Van der Elst
and
Anne Lafarre
Category:
Chapter
Published:
27 Apr 2021
Page Range:
250–284
Collection:
Law 2021
DOI:
https://doi.org/10.4337/9781839101236.00021
Keywords:
Remuneration policy; Remuneration report; Vote; Shareholders; General meeting; Transparency
Restricted access

Article 9a requires the general meeting of shareholders to vote on the remuneration policy at least every four years and on every material change. Article 9b provides the right to an annual advisory vote on the remuneration report that contains all components of the remuneration package of each individual director. These articles elaborate both voting rights of the shareholders and foresee in a number of options how the vote and the content of the remuneration policy and the remuneration report can be structured. This chapter assesses all choices of both articles of Directive 2017/828.

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Cover The Shareholder Rights Directive II
The Shareholder Rights Directive II
Edited by
Hanne Birkmose https://orcid.org/0000-0001-5711-9502
and
Konstantinos Sergakis https://orcid.org/0000-0003-2515-9141
Commentaries
Published:
27 Apr 2021
Print ISBN:
9781839101229
eISBN:
9781839101236
DOI:
https://doi.org/10.4337/9781839101236
Pages:
400
Collection:
Law 2021
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