General Shareholders Meeting
The General Shareholders Meeting is the supreme governing body through which shareholders exercise their right to participate in the Company's governance. The procedure for shareholders to participate in the governance of the Company and the General Shareholders Meeting’s scope of authority are defined in FESCO’s Articles of Association and Regulations on the General Shareholders Meeting Approved by the adjourned Annual General Shareholders Meeting on 16 November 2020, Minutes No. 53 dated 20 November 2020. .
The adjourned Annual General Shareholders Meeting held in absentia on 16 November 2020 approved amendments to FESCO's Articles of Association and by-laws to align them with the corporate practice and the law, and elected new members of the Company's Board of Directors Resolution of the adjourned Annual General Shareholders Meeting dated 16 November 2020, Minutes No. 53 dated 20 November 2020..
| Type and form | Date | Agenda | Quorum, % |
|---|---|---|---|
| Annual General Shareholders Meeting held in the form of absentee voting | 30 September 2020 | Election of FESCO's Board of Directors. Election of FESCO's Audit Commission. Approval of FESCO's auditor for 2020. Approval of FESCO's 2018 annual financial (accounting) statements. Approval of FESCO’s 2019 annual report. Approval of FESCO's 2019 annual financial (accounting) statements. Profit distribution (including dividend payment) based on performance results in 2019. Approval of a new version of FESCO's Articles of Association. Approval of a new version of FESCO's Regulations on the General Shareholders Meeting. Approval of a new version of FESCO's Regulations on the Board of Directors. | 0.004679 |
| Adjourned Annual General Shareholders Meeting held in the form of absentee voting | 16 November 2020 | The adjourned Annual General Shareholders Meeting had the same agenda as the failed Meeting dated 30 September 2020. | 32.9074 |