Annual General Meeting of Shareholders 2021
Summary of the resolutions and voting at DSM's most recent Annual General Meeting of Shareholders held virtually on 6 May 2021.
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).
The Managing Board explained the Annual Report for 2021.
The general meeting has given a positive advice on the Remuneration Report.
The Financial Statements for 2021 were adopted.
The reserve policy and dividend policy were explained.
The dividend per ordinary share to be paid for 2021 being €2.50 was adopted.
The current and former members of the Managing Board were released from liability in respect of their managerial activities.
The current and former members of the Supervisory Board were released from liability in respect of their supervisory role.
Geraldine Matchett was reappointed as member of the Managing Board.
Eileen Kennedy was reappointed as 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.
The Managing Board was authorized 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.