EDP Renováveis Annual Shareholders’ Meeting

edpr announcement

EDP Renováveis Annual Shareholders’ Meeting

Tuesday 03, April 2018

Madrid, April 3rd 2018: 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 , 2017
     
  • Approval of the proposed application of results for the fiscal year ended on December 31st, 2017, as well as the distribution of dividends.

          Profit for the year 2017 ................... €113,382,578.51
          To Legal Reserve ................................ €11,338,257.85
          To Dividends ...................................... €52,338,489.72
          To Voluntary Reserve ........................ €49,705,830.94

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 0.06 Euro per entitled to EDP Renováveis S.A. share with right to receive it (“the Dividend”) that means an overall amount of 52,338,489.72 Euro that is satisfied against the result of the fiscal year.

  • 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, 2017.
     
  • Approval of the management and performance of the Board of Directors and its Executive Committee during the fiscal year ended on December 31st, 2017.
     
  • Ratification of the appointment by co-option of Directors: Mr. Duarte Melo de Castro Belo and Mr. Miguel Ángel Prado Balboa.
     
  • Approval of the remuneration policy of the members of the Board of Directors of the Company.
     
  • Approval of the election, as External Auditor of EDP Renováveis S.A., of PricewaterhouseCoopers Auditores, S.L. registered at the Official Register of Auditors under number S0242 and with Tax Identification Number B-79031290, for the years 2018, 2019 and 2020.
     
  • 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.

EDP Renováveis, S.A.