States of Jersey Development Company (SoJDC): Annual General Meeting: 2023: Voting instructions

Information about the publication of Ministerial Decisions

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demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision
providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

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A decision made 12 May 2023:

Decision Reference: MD-TR-2023-273		Public
Subject: SoJDC - 2023 Annual General Meeting voting instructions
Report Title: SoJDC - 2023 Annual General Meeting voting instructions		Exempt (Article 26)
Decision(s): The Minister instructed the Treasurer and the Greffier of the States to vote in favour of the proposed resolutions on behalf of States of Jersey Investments Limited as Nominee and Trustee for the Minister for Treasury and Resources in accordance with the Declarations of Trusts, to exercise his voting power in favour of the proposed resolutions The ordinary resolutions are: 1. To receive the minutes of the previous Annual General Meeting and approve the content by ordinary resolution. To receive and approve 2. To reappoint the auditors of the Company, BDO Limited by ordinary resolution to hold office until the next Annual General Meeting at which accounts are laid before the Company and that their remuneration be determined by the directors. To agree to the reappointment. 3. To receive the annual remuneration report of the Remuneration & Nominations Committee for 2022 and approve by ordinary resolution the remuneration that was agreed by that Committee. To receive and approve 4. To receive the reports to the financial statements and the audited financial statements for the year ended 31 December 2022 and approve by ordinary resolution. To receive and approve
Reason for Decision(s): To fulfil the States’ role as shareholder of SoJDC by exercising voting rights at the 2023 Annual General Meeting.
Resource Implications: There are no additional resource implications as a result of this decision.
Action Required: The Minister’s Private Secretary to inform the Head of Shareholder Relations that this decision has been approved. The Treasurer of the States and the Greffier of the States are instructed to vote in respect of their nominee shareholdings in favour of each of the resolutions.
Signature:	Signed By: Minister for Treasury and Resources
Date Signed:	Date of Decision (If different from Date Signed):