Responding to reports that over half of shareholders voted against the directors' remuneration report at
"This is the first year that investors have had a binding vote on future pay policy, in addition to the advisory vote on this year's actual pay. In this case they have chosen to express displeasure using the advisory vote. However, if the board does not react in a constructive way to investor concerns, there is a real risk that shareholders will feel compelled to use their new binding powers at next year's annual general meeting."
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