Decisions of AGM held on 22.06.2016
A N N O U N C E M E N T
Decisions of AGM of 22.06.2016
Ιn accordance with paragraph 4.1.3.3 of the Athens Stock Exchange’s regulation, J&P-AVAX SA announces that the Annual General Meeting of its shareholders was held on June 22, 2016 at its headquarters, with 59,150,357 shares or 76.171% of total voting rights being represented.
Shareholders voted on the agenda as follows:
Item #1: Approval of the Directors’ Report and the Auditors’ Review Report, along with the annual financial report for the 01.01.2015-31.12.2015 period
Unanimously approved with 59,150,357 shares or 76.171% of voting rights cast in favour.
Item #2: Profit appropriation for the 01.01.2015-31.12.2015 period
Unanimously approved with 59,150,357 shares or 76.171% of voting rights cast in favour.
Item #3: Waiver of responsibility of the Board of Directors and the Auditors for the 2015 financial accounts
Unanimously approved with 59,150,357 shares or 76.171% of voting rights cast in favour.
Item #4: Election of Auditor and a substitute for the 2016 financial accounts
Unanimously approved the appointment of “BDO CERTIFIED PUBLIC ACCOUNTANTS SA” with 59,150,357 shares or 76.171% of voting rights cast in favour. The remuneration of the certified accountant to carry out the audit will be set by the Supervisory Board of the Union of Auditors, in accordance with article 18 of Presidential Decree 226/1992 and its amendments.
Item #5: Approval of remuneration of Board Directors for fiscal 2015, and initial approval of remuneration of Board Directors for fiscal 2016, in accordance with article 24 of Law 2190/1920
Approved the €900,000 total gross remuneration of Board members for 2015 and granted initial approval for an equal amount in 2016 with 58,205,085 shares or 75.954% of voting rights cast in favour, and 945,272 shares or 1.217% of voting rights cast against.
Item #6: Approval of participation of the Company in other companies and joint ventures
Unanimously approved with 59,150,357 shares or 76.171% of voting rights cast in favour.
Item #7: Authorisation as per article 23a of Corporate Law2190/1920 for signing contracts between the Company and persons described in article 23a or related companies.
Approved with 58,377,355 shares or 75.176% of voting rights cast in favour and 773,002 shares or 0.995% of voting rights cast against.
Item #8: Authorisation as per article 23 of Corporate Law2190/1920 to Board Directors for participating in the management of companies with similar activities
Unanimously approved with 59,150,357 shares or 76.171% of voting rights cast in favour.
Item #9: Other announcements
[The assembly chairman informed shareholders of latest developments concerning the Company]
Approved with 58,377,355 shares or 75.176% of voting rights cast in favour and 773,002 shares or 0.995% of voting rights cast against.