General Meeting of Shareholders

Key authorizations, such as powers regarding decisions to amend the articles of incorporation and bylaws, legal mergers and spin-offs, and adoption of the annual accounts reside with the General Meeting of Shareholders. In addition, the General Meeting of Shareholders determines the remuneration policy for the members of the Board of Directors.

 

A General Meeting of Shareholders is convened at least once a year. Usually, the annual General Meeting of Shareholders is being held in April in Ede, the Netherlands. The General Meeting of Shareholders is chaired by the chairman of the Supervisory Board. All matters discussed and resolved in the General Meeting of Shareholders are recorded in the official minutes of the meeting.

 

GMS documents