Ok. But it’s one share, one vote, right? The shareholders who...

Ok.

But it’s one share, one vote, right?

The shareholders who carry the most weight aren’t necessarily on the Board of Directors.

And 40-50% of holders are outside of the Top20.

The 90% approval had to have also come from the rank and file, like you and me.

The Top20 could’ve voted against the remuneration package if they were unhappy.
If a holder carries a significant portion of a company, then it stands to logic that his number of shares will equal a certain percentage of voting rights.

How do you know that a Top20 holder wouldn’t have voted against a resolution?

They’re quite obviously happy with what’s going on.

Like 90% of all shareholders.

Unless, you’re advocating that one holder has one vote regardless of his size of holding...

I’m sure you’re not saying that, comrade!