Memorandum: The possibility of simplifying the proxy voting process in Denmark

The proxy voting process in Denmark is both complicated and inefficient but the amended Shareholders' Rights Directive adopted in April 2017 establishes requirements in relation to the exercise of shareholder rights at general meetings of companies – and it provides possibilities to simplify the proxy voting process in Denmark. But it requires that Danish lawmakers address the relevant issues and wish to make the necessary amendments to existing Danish laws.