CSR voting advice

VBDO began providing a CSR voting advice in 2005. Members of VBDO may use this voting advice when voting in meetings of shareholders of Dutch companies quoted on the stock exchange. At first the advice focused on one single agenda item: the approval of the annual report. In 2006, the voting advice was extended with two agenda items: the remuneration of executive board members and the appointment of supervisory executive board members. For the year 2007 VBDO again extended its CSR voting advice by issuing an advice for the discharge of executive board members. The CSR voting advice for the discharge of executive board members is the subject matter of this project.