Heerlen, NL, 08 May 2019, 19:00 CEST
The Annual General Meeting of Shareholders (AGM) took place on Wednesday 8 May 2019 at DSM’s head office in Heerlen, the Netherlands.
The number of outstanding shares on 26 March 2019, the convocation date, was 220,703,237. The number of outstanding shares on 10 Aril 2019, the record date, was 220,806,527.
The shareholders or shareholder representatives attending the meeting represented 64.24% of the issued share capital entitled to vote. There is one vote per share and all the resolutions were approved.
The Managing Board explained the Annual Report for 2018.
The implementation of the Remuneration Policy for the Managing Board in 2018 was explained.
The amendment of the Remuneration Policy for the Managing Board was adopted.
The amendment of the Remuneration for the Supervisory Board was adopted.
The Financial Statements for 2018 were adopted.
The reserve policy and dividend policy were explained.
The dividend per ordinary share to be paid for 2018 being €2.30 was adopted.
The members of the Managing Board were released from liability in respect of their managerial activities.
The members of the Supervisory Board were released from liability in respect of their supervisory role.
Pauline van der Meer Mohr was reappointed as a member of the Supervisory Board.
Erica Mann was appointed as a member of the Supervisory Board.
The external auditor was reappointed.
The Managing Board was authorized to issue up to 10% ordinary shares and to exclude pre-emptive rights.
Authorization was granted to the Managing Board to issue an additional 10% ordinary shares in connection with a rights issue.
Authorization was granted to the Managing Board to have the company repurchase own shares.
The meeting resolved to reduce the issued capital by cancellation of own shares up to a maximum of the number that is or will be bought by the company.