Annual General Meeting 2022

Annual General Meeting of Shareholders 2022

The Annual General Meeting of Shareholders (AGM) took place on Tuesday 10 May 2022 at DSM’s head office in Heerlen, the Netherlands.

The shareholders or shareholder representatives voted on 168,534,083 shares or 77.93% of the issued share capital entitled to vote. Number of votes per share is 1 and the number of outstanding shares on 12 April 2022, the record date, was 216,383,901.

Summary of the resolutions passed at the AGM and the outcome of the voting (percentages are rounded to two decimal places).

Agenda item 2

The Managing Board explained the Annual Report for 2021.

Agenda item 3

The general meeting has given a positive advice on the Remuneration Report.

  For Against Abstain Total
Votes 160,683,705 7,834,021 14,957 168,532,683
% 95.35 4.65   100.00

Agenda item 4

The Financial Statements for 2021 were adopted.

  For Against Abstain Total
Votes 166,953,786 1,194,577 382,858 168,531,221
% 99.29 0.71   100.00

Agenda item 5.a.

The reserve policy and dividend policy were explained.

Agenda item 5.b.

The dividend per ordinary share to be paid for 2021 being €2.50 was adopted.

  For Against Abstain Total
Votes 168,525,519 1,814 4,180 168,531,513
% 100.00 0.00   100.00

Agenda item 6.a.

The current and former members of the Managing Board were released from liability in respect of their managerial activities.

  For Against Abstain Total
Votes 163,960,934 3,836,755 733,824 168,531,513
% 97.71 2.29   100.00

Agenda item 6.b.

The current and former members of the Supervisory Board were released from liability in respect of their supervisory role.

  For Against Abstain Total
Votes 163,901,987 3,895,420 734,106 168,531,513
% 97.68 2.32   100.00

Agenda item 7

Geraldine Matchett was reappointed as member of the Managing Board.

  For Against Abstain Total
Votes 168,130,022 9,599 391,894 168,531,515
% 99.99 0.01   100.00

Agenda item 8

Eileen Kennedy was reappointed as member of the Supervisory Board.

  For Against Abstain Total
Votes 165,991,659 2,527,603 12,251 168,531,513
% 98.50 1.50   100.00

Agenda item 9

The external auditor was reappointed.

  For Against Abstain Total
Votes 167,485,846 697,655 348,012 168,531,513
% 99.59 0.41   100.00

Agenda item 10.a.

The Managing Board was authorized to issue up to 10% ordinary shares and to exclude pre-emptive rights.

  For Against Abstain Total
Votes 162,810,666 5,701,265 19,852 168,531,513
% 96.62 3.38   100.00

Agenda item 10.b.

The Managing Board was authorized to issue an additional 10% ordinary shares in connection with a rights issue.

  For Against Abstain Total
Votes 166,647,568 1,864,346 19,599 168,531,513
% 98.89 1.11   100.00

Agenda item 11

Authorization was granted to the Managing Board to have the company repurchase own shares.

  For Against Abstain Total
Votes 166,836,387 1,569,674 125,452 168,531,513
% 99.07 0.93   100.00

Agenda item 12

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.

  For Against Abstain Total
Votes 167,574,960 946,197 9,856 168,531,013
% 99.44 0.56   100.00

Read more