Heerlen, NL, 09 May 2018, 18:15 CEST
The Annual General Meeting of Shareholders (AGM) took place on Wednesday 9 May 2018 at DSM’s head office in Heerlen, the Netherlands.
The shareholders or shareholder representatives attending the meeting represented 65.96% 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 2017.
The implementation of the New Dutch Corporate Governance Code was discussed.
The implementation in 2017 of the remuneration policy for the Managing Board was discussed.
The Financial Statements for 2017 were adopted.
The reserve policy and dividend policy were explained.
The dividend per ordinary share to be paid for 2017 being €1.85 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.
Geraldine Matchett was reappointed as member of the Managing Board.
Rob Routs was reappointed as 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.
The amendment of the Articles of Association was adopted.