DOCSLIB.ORG

35Th AGM Notice

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
35Th AGM Notice WÄRTSILÄ INDIA PRIVATE LIMITED [CIN:U99999MH1986PTC062170] Registered Office: SEAWOODS GRAND CENTRAL, 10THFLOOR, TOWER 1, SECTOR 40, SEAWOODS RAILWAY STATION, NERUL NODE, NAVIMUMBAI 400706. NOTICE Notice is hereby given that the 35th Annual General Meeting of the Members of Wärtsilä India Private Limited (‘’the Company’’) will be held on Wednesday,30 June 2021 at 11:00 A.m. at the Registered Office of the Company at Seawoods Grand Central, 10th floor, Tower 1, Sector 40, Seawoods Railway Station, Nerul Node, Navi Mumbai 400706. to transact the following business: Ordinary Business: 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended December 31, 2020 together with the Board’s Report and the Auditors’ Report thereon. 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended December31, 2020 together with the Auditors’ Report thereon. 3. To confirm the Interim Dividends already paid during the Financial Year i.e.1st Interim Dividend @ 490% (Rs.49 per share) declared on 8 June 2020 and 2nd Interim Dividend @ 88.3% (Rs 8.83 per share) declared on September 28 2020. 4. To consider and, if thought fit, to pass, with or without modification, the following Resolution as an Ordinary Resolution: Confirmation of Appointment of Auditors: “RESOLVED THAT pursuant to the provisions of Section 139 and all other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) and the Companies (Audit and Auditors) Rules, 2014, as amended from time to time, the Company hereby confirms the appointment of M/s. M/s. Choksey Bhargava & Co., LLP (FRN – 000059N/ N500010) as Auditors of the Company to hold office from the conclusion of this Annual General Meeting (AGM) till the conclusion of the 36th AGM of the Company to be held in the year 2022, to examine and audit the accounts of the Company for the Financial Year up to and including 2021-22 on such remuneration as may be mutually agreed upon between the Board of Directors of the Company and the Auditors.” Special Business: 5. To consider and, if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution: Appointment of Mr. Ramachandran Venkatesh as Director of the Company: “RESOLVED THAT Mr. Ramachandran Venkatesh (DIN - 09128966), who was appointed as an Additional Director of the Company pursuant to the provisions of Section 161 and other applicable provisions of the Companies Act, 2013 and who holds office upto the date of this Annual General Meeting, be and is hereby appointed as a Director of the Company.” Appointment of Mr. Pranesh Ramakrishnan as Director of the Company “RESOLVED THAT Mr. Pranesh Ramakrishnan (DIN - 09131677), who was appointed as an Additional Director of the Company pursuant to the provisions of Section 161 and other applicable provisions of the Companies Act, 2013 and who holds office upto the date of this Annual General Meeting, be and is hereby appointed as a Director of the Company.” Appointment of Mr. Hendrikus GerardusVan Boxtel as Director of the Company: “RESOLVED THAT Mr. Hendrikus Gerardus Van Boxtel (DIN - 06974529), who was appointed as an Additional Director of the Company pursuant to the provisions of Section 161 and other applicable provisions of the Companies Act, 2013 and who holds office upto the date of this Annual General Meeting, be and is hereby appointed as a Director of the Company.” Appointment of Mr. Antti Petteri Saares as Director of the Company: “RESOLVED THAT Mr. Antti Petteri Saares (DIN - 08912201), who was appointed as an Additional Director of the Company pursuant to the provisions of Section 161 and other applicable provisions of the Companies Act, 2013 and who holds office upto the date of this Annual General Meeting, be and is hereby appointed as a Director of the Company.” 6. To consider and, if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution: Ratification of Remuneration of Cost Auditors: “RESOLVED THAT: a. pursuant to the provisions of Section 148 and all other applicable provisions of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof), the remuneration of Rs. 2,40,000/- (Rupees Two Lakh Forty Thousand Only) (including therein the XBRL conversion fees amounting to Rs 15000/- only)) plus out of pocket expenses payable to M/s. Kishore Bhatia & Associates, Cost Accountants, Mumbai (Firm Registration Number No. 00294), the Cost Auditor appointed by the Board of Directors of the Company to conduct the audit of the cost accounts of the Company for the financial year ending 31 December 2021 be and is hereby ratified and confirmed. b. The Board of Directors of the Company be and is hereby authorised to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution.” Notes: 1. A Member entitled to attend and vote at the meeting is entitled to appoint proxy and such proxy need not be a Member of the Company. Proxies, in order to be valid, must be received at the Registered Office of the Company not less than 48 hours before the meeting. 2. To facilitate registration an attendance slip is enclosed. 3. The relative Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 (‘’the Act’’) in respect of the Special Business set out above is annexed hereto. 4. At the Thirty First Annual General Meeting of the Company, the Members had approved appointment of M/s. Choksey Bhargava & Co., LLP (FRN – 000059N/ N500010) as statutory auditors of the Company, for a term of 5 (five) consecutive years till the conclusion of the Thirty Sixth Annual General Meeting of the Company, subject to ratification of their appointment by Members at every Annual General Meeting. Further, pursuant to the notification of certain sections of the Companies (Amendment) Act, 2017, with effect from May 7, 2018, the requirement of annual ratification of the Statutory Auditors by the members is no longer required. However, as a matter of abundant precaution, the confirmation by the members is being sought this year at Item No. 4 of the Notice. By Order of the Board, S SRINIVAS Navi Mumbai, COMPANY SECRETARY 29 June 2021 A 14649 EXPLANATORY STATEMENT Pursuant to Section 102 of the Companies Act, 2013, the following Statement sets out all the material facts relating to each item of the Special Business mentioned in the accompanying Notice and should be taken as forming part of the said Notice. Item No. 5 Mr. Ramachandran Mr Pranesh Name Venkatesh Ramakrishnan Director Identification 09131677 Number 09128966 04 May 1970 25 May 1975 Date of Birth 46 Years Age 51 years He is presently He is presently designated as designated as Director Energy Regional HR Director Experience Business WIN. Middle East /Asia/Africa/Australia. HR Local Middle East South Asia /Africa Terms and Conditions of Executive Director Executive Director Appointment Details of Remuneration Nil Nil Date of first appointment on the Board 01April2021 07 April 2021 Shareholding in the Nil Nil Company Relationship with other Directors, Manager and Nil Nil Key Managerial Personnel Number of Board Meetings 1 (one) – 16 April 1 (one) – 16 April 2021 attended 2021 Directorship in other Nil Nil companies Membership/ Chairmanship of Nil Committees of other Nil Boards Mr. Hendrikus Mr Antti Petteri Name Gerardus Van Boxtel Saares Director Identification 08912201 Number 06974529 16 February 1959 14 July 1976 Date of Birth 44 years Age 62 years He is presently He is presently designated as Energy designated as Sales Business Director Director -Sales Experience South Asia. Region 5 Middle East India SEA and Australia Terms and Conditions of Non-Executive Non-Executive Appointment Director Director Details of Remuneration Nil Nil Date of first appointment on the Board 28 October 2020 23 October 2020 Shareholding in the Nil Nil Company Relationship with other Directors, Manager and Nil Nil Key Managerial Personnel 3 (Three) – 28 October 3 (Three) – 28 October Number of Board Meetings 2020, 22 December 2020 22 December attended 2020,16 April 2021 2020 16 April 2021 Directorship in other Nil Nil companies Membership/ Chairmanship of Nil Committees of other Boards Nil The Board of Directors, vide Circular Resolutions dated 1 April 2021,7 April 2021 , 23 October 2020 and 28 October 2020 have appointed Mr. Ramachandran Venkatesh, Mr Pranesh Ramakrishnan, Mr Antti Petteri Saares and Mr Hendrikus Gerardus Van Boxtel as additional directors of the company to hold office till the conclusion of the 35th Annual General Meeting of the Company. Pursuant to the provisions of Section 161 of the Companies Act, they are eligible to seek re-appointment at the said Annual General Meeting. The Board recommends approval of the Resolutions at Item No 4& 5 of this Notice. Mr. Venkatesh Ramachandran, Mr Pranesh Ramakrishnan, Mr Petteri Saares and Mr Henri Van Boxtel may be deemed to be interested in Resolution No 5, as it pertains to their respective appointments. No other Director or the Key Managerial Personnel or their relatives are in any way concerned or interested, whether financially or otherwise, in these items. Item No. 6. The Board has, at its Meeting held on 16 April 2021, approved the appointment of M/s. Kishore Bhatia & Associates (Firm Registration No. 00294) as cost auditors of the Company at a remuneration of Rs. 2,40,000/- (Rupees Two Lakh and Five Thousand Only) (including therein the XBRL conversion fees of Rs 15000/- only) plus out of pocket expenses for the Financial Year ending 31 December 2021. In accordance with the provisions of Section 148 of the Companies Act, 2013 (Act), read with the Companies (Audit and Auditors) Rules, 2014, the remuneration payable to the Cost Auditor has to be ratified by the Members of the Company.
Load more

Recommended publications
  • Notice of Annual General Meeting Overview Overview
    Standard Life Private Equity Trust plc 97 Notice of Annual General Meeting Overview NOTICE IS HEREBY GIVEN the twentieth Annual General Meeting of Standard Life Private Equity Trust plc (the “Company”) will be held at the offices of Aberdeen Standard Investments, 6 St Andrew Square, Edinburgh EH2 2BD on Tuesday, 23 March 2021 at 12.30 p.m. for the following purposes: Ordinary Business As ordinary business, to consider and, if thought fit, pass the following resolutions, in the case of numbers 1 to 11 inclusive, as ordinary resolutions and, in the case of numbers 12 and 13 , as special resolutions: Strategic Report 1. That the Annual Report and Financial Statements for the year ended 30 September 2020, including the Directors’ Report and the Independent Auditor’s Report be received. 2. That the Directors’ Remuneration Report for the year ended 30 September 2020 (excluding the Directors’ Remuneration Policy) be approved. 3. That the Company’s dividend policy to pay four interim dividends be approved. 4. That Mr Bond be re-elected as a Director. Review Investment 5. That Mr Devine be re-elected as a Director. 6. That Ms McComb be re-elected as a Director. 7. That Ms Seymour-Williams be re-elected as a Director. 8. That Mr Thomson be re-elected as a Director. 9. That BDO LLP be re-appointed as Independent Auditor of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company. Governance 10. That the directors be authorised to fix the remuneration of the Independent Auditor for the year to 30 September 2021.
    [Show full text]
  • Notice of Annual General Meeting of Shareholders and 2021 Proxy
    Bunge 2021 Proxy Statement Bunge 2021 Proxy Notice of Annual General Meeting of Shareholders and 2021 Proxy Statement March 23, 2021 FSC insignia is FPO. Broadridge to update as necessary. Bunge’s COVID-19 Response No review of 2020 would be complete without noting how COVID-19 touched everything that Bunge did. Our Customers Bunge was deemed an essential organization in delivering Bunge’s ability to keep operating was important as we food, feed and fuel to the world, enabling us to continue are a critical industry whose purpose is to connect farmers to operate our facilities around the globe. As the breadth to consumers to deliver essential food, feed and fuel of the pandemic became clear, we focused on three to the world. Bunge views our farmers and customers key areas: as key partners in the value chain so as countries and communities faced increased restrictions imposed by 1 Ensuring the health and safety of our colleagues; local and national governments, we were ready to help. Companies that provide packaged foods saw extreme 2 Serving our customers; and demand increases as families moved to eating at home. 3 Supporting the communities where we operate. We were able to work with them so they could continue to supply their retail consumers. For our foodservice customers, we helped them manage swings in demand Our Colleagues as lockdowns shifted to restaurant re-openings. Our At Bunge, safety is at the core of who we are. Our collaborative approach garnered recognition from a approach to caring for each other — Stop. Think. Protect. number of our key accounts who appreciated our — worked well in adapting to the COVID environment.
    [Show full text]
  • Nominating/Annual General Meeting (Agm) Committee
    Langs Farm Village Association Job Description for NOMINATING/ANNUAL GENERAL MEETING (AGM) COMMITTEE Purpose: To identify, recruit and recommend candidates for election to the LFVA Board. To plan the organization’s Annual General Meeting. Membership: The membership of the committee shall consist of 3-5 board members, Executive Assistant and the Executive Director as required. Accountability: The committee is accountable to the Langs Farm Board. The Chairperson of the Committee shall be responsible for reporting to the Board on a monthly basis while the committee meets. Frequency of The Committee shall meet 4 to 6 times/year Meetings: Quorum: Quorum shall be 50 % of the current membership of the committee. Decision Making: Decisions will be reached by consensus or by a majority vote of a quorum when consensus cannot be reached. Chairperson: The Chairperson of the Committee shall be current members of the Board of Directors. Minutes: Minutes shall be taken by the recording secretary appointed by the committee or on a rotating basis by committee members. Minutes shall be approved at the following committee meeting and will be available to all board and staff members. Responsibilities: Recruitment/Screening and Selection of Potential Board Members 1. To encourage members of the Langs Farm Village Association to consider and seek election to the Board of Directors. 2. To ensure due notice is given of up-coming elections and election procedures. /…2 3. To seek out and recruit candidates for election to the board by identifying and encouraging members who have certain characteristics and/or qualifications, as specified by the Board. To identify and recruit more candidates then required and ensuring the organization has an ongoing contact list of potential leaders for succession planning.
    [Show full text]
  • Minutes of the Annual General Meeting
    MINUTES OF THE ANNUAL GENERAL MEETING Date: July 3, 2006 Time 17:30 to 18:30 (Local time) Location: Adelaide Convention Centre, Adelaide, Australia 1.0 Welcome The Society’s President Berit Mørland opened the meeting by welcoming all members present to the Society’s Annual General Meeting and thanking them for attending. 2.0 Approval of Agenda No amendments or deletions to the agenda were proposed and a motion to accept the agenda as submitted was moved and seconded by John Gabbay. The motion was approved with none opposed. 3. Approval of Minutes of the 2005 Annual General Meeting After some discussion of the contents of the minutes of the 2005 Annual General Meeting in Rome, Italy, the Secretary requested any additional, deletions or amendments to those minutes. None were received and a motion to accept the minutes was seconded by David Hailey. The motion was approved with none opposed. 4. President’s Report The President delivered a report titled ‘Where We Have Come to Now’. The report provided a retrospective on the previous three years of the Society from the perspectives of the six aims identified in the Society's 2003- 2008 Corporate Plan, growth in Society membership by individuals and organizations, and plans for the Society in the future related to those aims. Highlights of the report were; the ongoing activities of the Policy Forum, launching and support of Interest Sub-Groups (ISG’s) on topics in HTA, exploring sponsorship opportunities for Society activities, expanding the Society’s role as an information source for HTA through the Vortal, providing opportunities for HTA colleagues from developing countries to participate in the Society’s annual conferences through a travel grant program, and the hiring of a full time Managing Director for the Secretariat.
    [Show full text]
  • Notice of Twenty Eighth Annual General Meeting
    NOTICE NOTICE is hereby given that the Twenty Eighth Annual General Meeting of the Members of J.P. Morgan India Private Limited will be held on Thursday, September 03, 2020 at 5.30 p.m. at the Registered Office of the Company at J.P. Morgan Tower, Off C.S.T. Road, Santacruz – East, Mumbai – 400 098 through video conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) to transact the following business: Ordinary Business: 1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2020 along with the report of the Auditors and Directors thereon. 2. To declare dividend on Preference shares for the financial year ended March 31, 2020. By order of the Board of Directors For J. P. MORGAN INDIA PRIVATE LIMITED Sd/- Asha Kariath Company Secretary CS Registration No.: A37678 Place : Mumbai Date : August 06, 2020 Registered Office: J.P. Morgan Tower, Off C.S.T. Road, Santacruz – East, Mumbai – 400 098 Tel No. 91-22-61573000 Fax No. 91-22-61573990 Website: www.jpmipl.com Email Id: [email protected] CIN: U67120MH1992FTC068724 J.P. Morgan India Private Limited J.P. Morgan Tower, Off. C.S.T. Road, Kalina, Santacruz ·East, Mumbai ·400 098, India. Telephone : 91 ·22 ·6157 3000 Facsimile : 91·22 ·6157 3990 CIN: U67120MH1992FTC068n4 www.jprnipl.com NOTES: 1. In view of the continuing Covid-19 pandemic, the Ministry of Corporate Affairs (“MCA”) has vide its circular dated April 8, 2020 read with circulars dated April 13, 2020 and June 15, 2020 (collectively referred to as “MCA Circulars”) permitted the holding of the Annual General Meeting (“AGM”) through VC/ OAVM, without the physical presence of the Members at a common venue.
    [Show full text]
  • Co-Operative Societies Rules
    C T CO-OPERATIVE SOCIETIES RULES 1988 Revised Edition Co-operative Societies Rules CAP. 118A Arrangement of Rules C T CO-OPERATIVE SOCIETIES RULES Arrangement of Rules Rule 1 Short title..........................................................................................................7 2 Register of Societies. .......................................................................................7 3 Original entries. ...............................................................................................7 4 Alteration. ........................................................................................................7 5 Inspection.........................................................................................................8 6 Application for registration..............................................................................8 7 Registration......................................................................................................8 8 .........................................................................................................................8 9 Documents to be forwarded.............................................................................8 10 Register of members. .......................................................................................8 11 Keeping accounts.............................................................................................9 12 Election and admission of members. ...............................................................9 13 Withdrawal.......................................................................................................9
    [Show full text]
  • Notice of the Twenty-Seventh Annual General Meeting
    CNH INDUSTRIAL (INDIA) PRIVATE LIMITED NOTICE OF THE TWENTY SEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 27TH ANNUAL GENERAL MEETING OF THE MEMBERS OF CNH INDUSTRIAL (INDIA) PRIVATE LIMITED WILL BE HELD ON FRIDAY, 26TH JUNE, 2020, AT 11:00 A.M. (INDIAN STANDARD TIME) THROUGH VIDEO – CONFERENCING (‘VC’) OR OTHER AUDIO VISUAL MEANS (‘OVAM’) AT THE REGISTERED OFFICE OF THE COMPANY AT LEVEL-4,RECTANGLE-1,D-4, DISTRICT CENTER, COMMERCIAL COMPLEX, SAKET, NEW DELHI-110017 TO TRANSACT THE FOLLOWING BUSINESS: - I. ORDINARY BUSINESS: Item No. 1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the year ended 31stDecember 2019 along with the Director’s Report and Independent Auditor’s Report. Item No. 2 To regularize the appointment of Mr. Andrea Trabacchin as a Director who was appointed as an additional director. II. SPECIAL BUSINESS: Item No. 3 To ratify the remuneration of Cost Auditors of the Company for the year ended 2019 To consider and if thought fit, to pass with or without modification, the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 of the Companies Act, 2013 read with Rule 14 of the Companies (Audit & Auditors) Rules, 2014 and other applicable provisions (including any statutory modification(s) or re-enactment thereof), the shareholders do ratify the remuneration of INR 2,50,000/- plus service tax and out-of-pocket, travelling and living expenses, as per actuals payable to M/s. Vijay P. Joshi & Associates, Cost
    [Show full text]
  • Notice of Annual General Meeting
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. TRUE PARTNER CAPITAL HOLDING LIMITED (Incorporated under the laws of the Cayman Islands with limited liability) (Stock Code: 8657) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the annual general meeting (the “Annual General Meeting”) of True Partner Capital Holding Limited (the “Company”) will be held at Unit 1603-04, 16/F, Causeway Bay Plaza I, 489 Hennessy Road, Causeway Bay, Hong Kong on Monday, 3 May 2021 at 3:00 PM for the following purposes: ORDINARY RESOLUTIONS 1. To receive and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company (“Directors”, each a “Director”) and auditors of the Company for the year ended 31 December 2020. 2. (a) To re-elect Mr. Ralph Paul Johan van Put as an executive Director. (b) To re-elect Mr. Godefriedus Jelte Heijboer as an executive Director. (c) To re-elect Mr. Tobias Benjamin Hekster as an executive Director. (d) To authorise the board of Directors (the “Board”) to fix the respective Directors’ remuneration. 3. To declare a final dividend of HK$0.02 per share for the year ended 31 December 2020. 4. To re-appoint PKF Hong Kong Limited as auditors of the Company and to authorise the Board to fix their remuneration.
    [Show full text]
  • Notice of the 96Th Annual General Meeting of Shareholders
    (Note) This is a translation of the official Japanese original for reference purposes only. In the event of any discrepancy between this translation and the official Japanese original, the Japanese original shall prevail. Please note that differences between this translation and those in the previous years may not necessarily mean that there have been changes in the official Japanese original, since the translation differences may stem only from a more accurate translation. [Security Code: 7011] June 7, 2021 To the Shareholders: Seiji Izumisawa, President and CEO Mitsubishi Heavy Industries, Ltd. 2-3, Marunouchi 3-chome, Chiyoda-ku, Tokyo NOTICE OF THE 96TH ANNUAL GENERAL MEETING OF SHAREHOLDERS We are pleased to announce that the 96th Annual General Meeting of Shareholders of Mitsubishi Heavy Industries, Ltd. (“MHI”) will be held as described below. With a view to preventing further spread of novel coronavirus disease (COVID-19), we request that you forgo visiting the General Meeting of Shareholders venue on the day. Please examine the Reference Materials Relating to the General Meeting of Shareholders (pages 5- 29), and exercise your voting rights in advance as indicated in the “Instructions for voting,” on pages 3-4, by 5:30 p.m. on Monday, June 28, 2021 (Japan time). 1. Date and Time: Tuesday, June 29, 2021 at 10:00 a.m. (Japan time) 2. Place: Tokyo Kaikan, 3F “Rose” 2-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo 1 3. Purposes: To report on the following items: Item No. 1: Business Report, Consolidated Financial Statements for the 2020 fiscal year (from April 1, 2020 to March 31, 2021), and Audit Report on the Consolidated Financial Statements by the Financial Auditor and Audit and Supervisory Committee.
    [Show full text]
  • Minutes of the Ordinary Annual General Meeting of Sparebank 1 Sr-Bank Asa – 2021
    MINUTES OF THE ORDINARY ANNUAL GENERAL MEETING OF SPAREBANK 1 SR-BANK ASA – 2021 On 28 April 2021 at 18:00, the annual general meeting of SpareBank 1 SR-Bank ASA was held as a digital meeting in line with the temporary regulations concerning exemptions from the rule of in- person meetings in limited liability companies and public limited liability companies due to the Covid- 19 outbreak. The general meeting was opened by the chair of the board, Dag Mejdell, who chaired the meeting. Present were 14 shareholders and proxies representing 72 513 985 directly-owned shares. The total number of shares represented, including power of attorney og proxies was 153 901 98 and this also represented the total number of shares with voting rights at the general meeting. --------------------------------------------------------------------------------------------------------------------------------- ITEM 2 APPROVAL OF THE NOTICE AND AGENDA The notice and agenda were approved, and the general meeting was declared lawfully constituted. ITEM 3 ELECTION OF ONE PERSON TO SIGN THE GENERAL MEETING MINUTES TOGETHER WITH THE CHAIR OF THE MEETING Per Sekse was elected to sign the minutes along with the chair of the meeting. ITEM 4 APPROVAL OF THE ANNUAL FINANCIAL STATEMENTS AND ANNUAL REPORT FOR 2020, INCLUDING ALLOCATION OF THE PROFIT FOR THE YEAR The general meeting approved the board’s proposal concerning the annual financial statements and annual report for 2020, along with its proposal concerning allocation of the profit, which includes no payment of a dividend. The general meeting authorised the board to make a decision about the distribution of a dividend of up to NOK 3.10 per share based on the bank’s approved annual financial statements for 2020, cf.
    [Show full text]
  • Annual General Meeting CORPORATE GOVERNANCE CHECKLIST for SHAREHOLDERS
    ANNUAL GENERAL MEETING CORPORATE GOVERNANCE CHECKLIST FOR SHAREHOLDERS As shareholders, are you prepared to participate effectively – they should raise these concerns at the AGM and ensure at an Annual General Meeting (AGM)?. This Checklist that the information required is provided. While the highlights questions for shareholders to consider in Checklist was developed for shareholders, other preparation for an AGM. It covers primarily issues related stakeholders such as consumers and potential investors to resolutions commonly tabled at AGMs such as the are encouraged to use the Checklist to understand and appointment or reappointment of directors, approval of evaluate the performance, policies and practices of directors’ fees and the appointment of auditor. companies. Where shareholders have concerns, including finding gaps Note: This Checklist is not exhaustive but merely serves as a in the disclosure or information provided by the company general guidance for shareholders. PRE-AGM A. NOTICE OF AGM 1. Did you receive the notice of AGM at least 28 days before the meeting as recommended in the Malaysian Code on Corporate Governance (MCCG)? 2. Are the proposed resolutions supported by sufficient information, explanation and/or justification? 3. Is the venue, timing of the AGM and other administrative preparations convenient? 4. Does the company leverage technology to enable remote shareholders participation (e.g. broadcasting the AGM, using digital platform)? B. DIRECTORS: APPOINTMENT OR REAPPOINTMENT 1. Was the information on the board candidate sufficiently provided (e.g. qualification, experience)? 2. Did the company provide reasons to support the nomination of the board candidate and do you agree with them? 3. Is the board candidate involved with a competitor or connected to a failed or problematic company? 4.
    [Show full text]
  • Notice of Annual General Meeting 2021 Thursday May 6, 2021 at 10:00 (CEST)
    To the shareholders of Norsk Hydro ASA Notice of Annual General Meeting 2021 Thursday May 6, 2021 at 10:00 (CEST) Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held on Thursday May 6, 2021 as a digital meeting with electronic voting due to the covid-19 situation. Norsk Hydro ASA invites shareholders to follow the Annual General Meeting via webcast (in Norwegian or English) and to vote electronically in real time or alternatively in advance or by proxy. Please note further detailed information in the enclosed guide for online participation. Items on the agenda: 6. Approval of the Board of Directors' new policy on remuneration for 1. Approval of the notice and the agenda executive management In accordance with new rules in sections 6-16a (2)(5) and 5-6 (3) of the 2. Election of one person to co-sign the minutes Public Limited Liability Companies Act, the Board of Directors shall prepare a policy on salary and other remuneration to the President and 3. Approval of the Financial Statements and the Board of Directors’ CEO and to other executive management and employees who are Report for the financial year 2020 for Norsk Hydro ASA and the members of the Board or the Corporate Assembly. The Annual General group, including the Board of Directors’ proposal for distribution of Meeting shall approve material changes to the policy and review the dividend policy at least every four years. The Board of Directors proposes that the The Board of Directors proposes that the Annual General Meeting new remuneration policy for executive management be approved.
    [Show full text]