This includes the adoption of the company’s 2019 financial statements, the appointment of Bart Welten to the Management Board and the appointment of Michelle Jou to the Supervisory Board.
The AGM took place on Thursday 14 May 2020 and was held fully virtually in view of Covid-19 measures and in line with the “Emergency Act”.
The shareholders voted with 65.71% of the total number of shares outstanding on record date.
The agenda items proposed for adoption in the Meeting were voted on as follows:
Agenda item 3
The AGM gave positive advice on the Remuneration Report 2019.
In favour
Against
Abstained
14,272,429
6,250
2,671,244
Agenda item 4
The Financial Statements for 2019 are adopted.
In favour
Against
Abstained
16,949,923
0
0
Agenda item 5a
The members of the Management Board are discharged for the performance of their duties in the financial year 2019.
In favour
Against
Abstained
16,949,923
0
0
Agenda item 5b
The members of the Supervisory Board are discharged for the performance of their duties in the financial year 2019.
In favour
Against
Abstained
16,949,923
0
0
Agenda item 6a
The remuneration policy for the Management Board is adopted.
In favour
Against
Abstained
14,272,429
6,252
2,671,242
Agenda item 6b
The remuneration policy for the Supervisory Board is adopted.
In favour
Against
Abstained
13,899,987
3,049,936
0
Agenda item 7
Mr B. Welten is appointed as a statutory member of the Management Board.
In favour
Against
Abstained
16,949,923
0
0
Agenda item 8
Mrs M. Jou is appointed as member of the Supervisory Board.
In favour
Against
Abstained
16,949,923
0
0
Agenda item 9a
The AGM designated the Management Board to issue up to 5% ordinary shares and to exclude pre-emptive rights in connection with the Company’s long term incentive and share-based compensation plans.
In favour
Against
Abstained
13,899,987
3,049,936
0
Agenda item 9b
The AGM designated the Management Board to issue 20% ordinary shares and to exclude pre-emptive rights, for the purpose of providing for financial flexibility for investments in its acceleration towards commercialisation of Avantium’s lead technology programmes, its operations (e.g. for running costs), and/or capital expenditure.
In favour
Against
Abstained
14,272,419
6,262
2,671,242
Agenda item 9c
The AGM authorised the Management Board to repurchase shares in the share capital of Avantium on behalf of Avantium.
In favour
Against
Abstained
16,949,921
2
0
Agenda item 10
PricewaterhouseCoopers Accountants N.V. is appointed as external auditor for the financial year 2020.
In favour
Against
Abstained
16,949,923
0
0
Refs
20200514 press release avantium shareholders adopt all resolutions of agm 2020
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