General Meeting Of Shareholders

The General Meeting of Shareholders (“GMS”) is the company organ vested with the highest level of authority. The GMS is authorized to appoint and dismiss members of the Board of Commissioners and Directors, evaluate the performance of the Board of Commissioners and Directors, approve amendments to the Articles of Association, approve annual reports and determine the type and amount of remuneration for members of the Board of Commissioners and Directors.

In 2016, the Company organized 1 Annual General Meeting of Shareholders (“AGMS”) on August 25th, 2016, for the fiscal year 2015 and 1 Extraordinary General Meeting of Shareholders (“EGMS”) on November 4th, 2016 with the pre-emptive rights (HMETD) and loan collateral transfer as the points of discussion.

 


For details of resolutions please see our

Announcement & Disclosures