Lovinklaan Foundation, the largest shareholder in Arcadis, has created a new voting policy which will predict how the foundation uses its voting rights. This includes, for instance, the upcoming Annual General Meeting of Shareholders (AGMS), which is held in mid to late April every year.
OUR TWO-FOLD MISSION AS STARTING POINT
Lovinklaan Foundation uses its two-fold mission as a starting point for how the organization acts as a major shareholder of Arcadis and aligns with Arcadis’ ambition of improving quality of life. All decisions of the Foundation, including voting during the AGMS, are linked back to (1) how it contributes to shaping the future and continuity of the enterprise and (2) how it helps Arcadians grow and reach their full potential personally and professionally. Most important for the Foundation are the principles of Sustainability, Corporate Social Responsibility (CSR),
Integrity, and Diversity & Inclusion.
The recently adopted voting policy ensures Lovinklaan is a predictable and accountable shareholder, as the policy includes a detailed outline on how Lovinklaan will vote now and in the future. The policy describes how the foundation will cast their vote in specific situations and cares deeply about the principles that are at the heart of the organization.
OUR ROLE AS MAJOR SHAREHOLDER
Next to voting during the AGMS, the Lovinklaan Foundation has also the right and duty to provide a voice during the following events: 1) changes in capital structure, 2) board appointments, 3) board remuneration, and 4) major strategic changes.
Additionally, given that Lovinklaan is classified as a ‘major shareholder’ (with >10% of the Arcadis shares), we can also file a proposal on the AGMS agenda or call for a special AGM.