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Eumedion today alerted its members to the remuneration report of Euronext N.V. that is on the agenda for the annual general meeting (AGM) to be held on May 15. The remuneration report shows (among other things) that the CEO and COO of Euronext were granted a special one-off integration long-term incentive, with a value of 100% of their annual fixed salary. The necessity of the grant is insufficiently motivated. Eumedion has classified this proposal as 'controversial'.

Since 2009, Eumedion has been alerting its members to AGM proposals of Dutch listed companies that deserve increased attention when determining voting behaviour. An alert partly enables an institutional investor to exercise its voting right at the AGM on an informed basis, as prescribed by the Dutch Corporate Governance Code. An alert is explicitly not a voting recommendation. Alerts are also sent to the major proxy advisory firms so that they have a clearer picture of Dutch market practices and may improve the proxy voting advice they give to their clients. Before issuing an alert, the company in question is requested to comment on the issues and concerns at stake. The comments will be incorporated in the final version of the alert, thereby further increasing the information value of the document. As announced in the 2024 Focus Letter, alerts will be made public starting this AGM season.