EDPR informs about Shareholders meeting resolutions
Friday 12, April 2019
Madrid, April 11th 2019: 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 , 2018.
Approval of the proposed application of results for the fiscal year ended on December 31st, 2018, as well as the distribution of dividends.
Profit for the year 2018.................... €29,258,492.74
To Legal Reserve................................ €2,925,849.27
To Dividends.................................... €26,332,643.47
Approval of the proposal of the Board of Directors with the favourable opinion of the Audit, Control and Related Parties Committee for the distribution of a gross dividend of €0.07 per EDP Renováveis S.A. share with right to receive it (“the Dividend”) that means an overall amount of €61,061,571.34 that is satisfied against the following headings: (i) €26,332,643.47 against the result of the fiscal year, and (ii) €34,728,927.87 against the Legal 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, 2018.
Approval of the Statement of non-financial information of EDP Renováveis, S.A. consolidated group, for the fiscal year ended on December 31st, 2018.
Approval of the management and performance by the Board of Directors and its Executive Committee during the fiscal year ended on December 31st, 2018.
Ratification of the appointment by co-option as Executive Director of Spyridon Martinis and ratification of the appointment by co-option as Dominical Director Vera de Morais Pinto Pereira Carneiro.
Approval of the remuneration policy of the members of the Board of Directors of the Company.
Approval of the delegation of powers to 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.
EDP Renováveis, S.A.