Heerlen, NL, 03 May 2017, 18:00 CEST
The Annual General Meeting of Shareholders (AGM) took place on Wednesday 3 May 2017 at DSM’s head office in Heerlen, the Netherlands.
The shareholders or shareholder representatives attending the meeting represented 64.51% 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 2016.
The implementation in 2016 of the remuneration policy for the Managing Board was discussed.
The Financial Statements for 2016 were adopted.
The Amendment of the Articles of Association was adopted.
The reserve policy and dividend policy were explained.
The dividend per ordinary share to be paid for 2016 being €1.75 was declared.
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.
Dimtri de Vreeze was reappointed as a member of the Managing Board.
John Ramsay was appointed as a member of the Supervisory Board.
Frits Dirk van Paasschen was appointed as a member of the Supervisory Board.
The external auditor was reappointed.
The period during which the Managing Board is authorized to issue ordinary shares was extended.
The period during which the Managing Board is authorized to limit or exclude the preferential right when issuing ordinary shares was extended.
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.