Thu 21 Apr 2016, 14:41 GMT

Resolutions passed at Vopak's AGM


Summary of resolutions passed at Royal Vopak's Annual General Meeting (AGM), held on April 20.



Terminal operator Koninklijke Vopak N.V. (Royal Vopak) has confirmed that it passed the following resolutions at its Annual General Meeting (AGM), held on April 20, 2016.

- Adoption of the financial statements for the 2015 financial year.

- Approval of the proposed dividend. A dividend of EUR 1.00 per ordinary share with a nominal value of EUR 0.50 will be distributed wholly in cash on 28 April 2016. As from 22 April 2016, the shares of Vopak will be listed ex-dividend on Euronext Amsterdam.

- Discharge from liability of the Executive Board members' conduct of the company's affairs for the 2015 financial year.

- Discharge from liability of the Supervisory Board members' supervision exercised for the 2015 financial year.

- Appointment of Mr F.J.G.M. Cremers as a member of the Supervisory Board for a term of 2 years.

- Appointment of Mr B.J. Noteboom as a member of the Supervisory Board for a term of 4 years.

- Approval of the proposed amendments to the remuneration policy for the Executive Board. The amendments concern the short-term and long-term variable compensation opportunities as per January 2016.

- Approval of the proposed amendments of the Articles of Association of Royal Vopak.

- Authorization of the Executive Board for a period of 18 months, up till and including 19 October 2017, to acquire, subject to the approval of the Supervisory Board, for valuable consideration, fully paid-up ordinary shares in Royal Vopak, on the stock exchange or otherwise, up to the maximum number that may be held by the company in accordance with the law and the Articles of Association in force at the date of acquisition.

- Appointment of Deloitte Accountants B.V. as the external auditor of Royal Vopak and their engagement to examine the company's financial statements for the 2017 financial year.


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