EDP Renováveis Annual Shareholders’ Meeting
06, April 2017
EDP Renováveis, S.A. (“EDPR”) informs that at the Annual General Shareholders’ Meeting held today, Shareholders have adopted the following resolutions
EDP Renováveis, S.A. (“EDPR”) informs that at the Annual General Shareholders’ Meeting held today, Shareholders have adopted the following resolutions:
- Approval of the individual annual accounts of EDP Renováveis, S.A., as well as those consolidated with its subsidiaries, for the fiscal year ended on December 31st , 2016
- Approval of the proposed application of results for the fiscal year ended on December 31st, 2016, as well as the distribution of dividends.
- Profit for the year 2016 ………………… €19,015,007.22
- To Legal Reserve ……………………………. €1,901,500.72
- To Dividends ……………………………….. €17,113,506.50
- Approval of the proposal of the Board of Directors issued with the favourable opinion of the Audit and Control Committee for the distribution of a gross dividend of 0.05 Euro per entitled to EDP Renováveis S.A. share with right to receive it (“the Dividend”) that means an overall amount of 43,615,408.10 Euro that will be satisfied as follows: (i) 17,113,506.50 Euro book against the result of the fiscal year and (ii) 26,501,901.60 Euro book against the Voluntary Reserve account.
- Approval of the Individual Management Report of EDP Renováveis, S.A., the Consolidated Management Report with its subsidiaries, and its Corporate Governance Report, for the fiscal year ended on December 31st, 2016.
- Approval of the management and performance by the Board of Directors and its Executive Committee during the fiscal year ended on December 31st, 2016.
- Approval of the reelection of the Chairman of the Shareholders’ Meeting, Mr. José Antonio de Melo Pinto Ribeiro, for a second three (3) year term.
- Approval of the remuneration policy of the members of the Board of Directors of the Company.
- Approval of the reelection, as External Auditor of EDP Renováveis S.A., of KPMG AUDITORES, S.L. registered at the Official Register of Auditors under number S0702 and with Tax Identification Number B-78510153, for the year 2017.
- Approval of the delegation of powers for the formalization and implementation of all resolutions adopted at the General Shareholders’ Meeting, for the execution of any relevant public deed and for its interpretation, correction, addition or development in order to obtain the appropriate registrations.