NAB’s Annual General Meeting (AGM) is on this Friday 15 December 2023 at 9.30am (AEDT) in Sydney.
All shareholders, including you, can vote on NAB’s Remuneration Report.
This year’s report recommends Annual VR outcomes for CEO Ross McEwan of 72% of maximum, taking his total remuneration to $3.8 million, and between 54% to 78% of maximum for other executives.
This is an enormous pay packet when a lot of NAB staff are struggling to make ends meet.
NAB have also clearly failed the “Twin Peaks” test, doling out job cuts, offshoring local jobs overseas, and seeing colleagues working harder than ever.
We can send them a clear message that their actions are unacceptable, and hold NAB to account by voting against the Remuneration Report.
Before the AGM
You can lodge your vote at www.investorvote.com.au by Wednesday 13 December 2023, 9.30am (AEDT). You will need your SRN/HIN*, AGM control number and the postcode or country of residence for your shareholding to log in.
During the AGM
You may vote during the AGM by attending in person or online by visiting www.nab.com.au/agm and clicking ‘Attend the AGM’ and following the instructions and on-screen prompts.
Your FSU Team
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*You will need your HIN/SRN (The HIN or SRN can be found on the top right hand corner of your holding statement and other shareholder communications. A HIN or SRN can have up to 12 characters, usually starting with an ‘X’, ‘I’ or ‘C’ followed by up to 11 digit number, for example ‘X00012345678’ or ‘X12345678’).
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