Abstain from voting definition

Abstain from voting means giving an empty vote and shares are considered to be represented in the Annual General Meeting, which has significance in resolutions requiring qualified majority (e.g. agenda items 16 and 17). In qualified majority items all shares represented at the Annual General Meeting are taken into account and abstentions thus have the same effect as votes “Against/No”. Therefore, abstaining from voting affects the voting result. Shareholders should be aware of this, especially if giving a vote against is not their intention.

Abstain from voting means giving an empty vote and that shares are considered to be represented in the General Meeting, although the shares are not considered voting in favour or against anything. This is meaningful, for example, in resolutions requiring qualified majority, as in qualified majority items all shares represented at the General Meeting are taken into account and abstentions thus have the same effect as votes Against/No. Therefore, abstaining from voting affects the voting result. Shareholders should be aware of this, especially if giving a vote against is not their intention. If not otherwise communicated,

Abstain from voting means giving an empty vote, in which case the shares are taken into account as shares represented in the handling of the agenda item, which has an impact with respect to resolutions requiring a qualified majority (e.g. agenda items 17, 18 and 19). With respect to resolutions requiring a qualified majority, all shares represented at the Shareholders’ Meeting are taken into account. Therefore, abstaining from voting has an impact on the outcome of the vote. Shareholders should be aware of this fact, especially if their intention is not to vote against the proposal.

Examples of Abstain from voting in a sentence

• Either batsman is out Run out, except as in clause 38.2, if, at any time while the ball is in play, he is out of his groundand his wicket is fairly put down by the action of a fielder even though No ball has been called, except in the circumstances of clause 38.2.2.2, and whether or not a run is being attempted.

• Abstain from voting on the matter and refrain from discussion of the matter at any time with the other Board member.

• Abstain from voting shall be represent as absence from attending the session, therefore votes of those abstain and shall not be dealt with when accounting for the majority provided that the number of votes given shall not be less than the quorum necessary for the correctness of the Council session.

• Abstain from voting and from seeking to influence the vote on any matter related to the person or concern.

• If you wish the Chairman of the Meeting as your proxy to Abstain from voting on a resolution, please tick in the Abstain box in respect of that resolution.

• As discussed below, if you "Abstain" from voting, it will have the effect of a vote "Against" the item if a quorum is present.

• Abstain from voting for those meeting(s) a Councilmember was absent.

• Abstain from voting 536,167 shares (including exercised by way of electronic transmission 4,586 shares).

• Abstain from voting in a situation where a conflict of interest (including financial interest) exists for that member.

• Abstain from voting on that matter; and leave the room where the vote is to take place, until the votes have been counted.