On May 8, 2024, AP4, a Swedish national pension fund, has confirmed that it planned to vote in favour of a shareholder proposal submitted by Follow This at the Shell Plc annual meeting of shareholders scheduled to be held on May 21, 2024, despite proxy advisors Glass Lewis and Institutional Shareholder Services urging shareholders to vote against the proposal. In addition, AP4 stated that it does not agree with the views of Glass Lewis and Institutional Shareholder Services on this proposal.
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- AP4 Announces Vote for Follow This Proposal