Neways Electronics International N.V. today announces that the Annual General Meeting of Shareholders (AGM) held today approved all the proposed resolutions put to the meeting.
The key resolutions approved by the AGM were as follows:
- The financial statements for 2019 were adopted.
- The members of the Board of Directors were discharged for their management and the members of the Supervisory Board were discharged for their supervision.
- Mr. Hans Büthker (CEO GKN Aerospace) and Mrs. Karin de Jong (CFO Fagron) were both appointed as members of the Supervisory Board for an initial term of four years. Mr. Henk Scheepers was reappointed as member of the Supervisory Board for a third term of two years.
With reference to the press release published on 30 March 2020, Neways will not pay out a dividend for the financial year 2019. As announced in the press release of 21 February 2020, Mr. René Penning retired from the Supervisory Board following the close of the AGM. Following the two aforementioned new appointments, the Supervisory Board has now expanded to four members from the previous three members. Following the close of the AGM, the Supervisory Board reappointed Mr. Scheepers as its chairman.
During the AGM, it was announced that the Supervisory Board had decided to withdraw item 7.2 on the agenda – the proposal to amend the remuneration of the Supervisory Board members. This means that in 2020 there will be no increase in the remuneration to the median level, as proposed in the remuneration policy approved by the AGM.
For more information on the resolutions adopted at the AGM, we refer to the Neways corporate website.