The Annual General Meeting of Koninklijke Vopak N.V. (Royal Vopak) held on 22 April 2015 passed the following resolutions:
● Adoption of the financial statements for the 2014 financial year.
● Approval of the proposed dividend. A dividend of EUR 0.90 per ordinary share with a nominal value of
EUR 0.50 will be distributed wholly in cash on 29 April 2015. As from 24 April 2015, 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 2014 financial year.
● Discharge from liability of the Supervisory Board members’ supervision exercised for the 2014 financial year.
● Appointment of Mr A. van Rossum (Anton) as a member of the Supervisory Board for a term of 2 years.
● Appointment of Mr C.K. Lam (Simon) 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 2015.
● Approval of the proposed remuneration for the Supervisory Board for the years 2015 and 2016.
● Authorization of the Executive Board for a period of 18 months, up till and including 21 October 2016, 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 2016 financial year.
Profile
Royal Vopak is the world’s leading independent tank storage provider for the oil and chemical industry. As of 22 April 2015, Vopak operates 78 terminals in 28 countries with a combined storage capacity of 34.0 million cbm, with another 5.8 million cbm under development, to be added by 2019. Vopak’s mission is to ensure safe, reliable and effective storage and handling of bulk liquid products at key marine locations that are critical to its customers around the world. The majority of its customers are companies operating in the oil, chemicals and gas sector, for which Vopak stores a large variety of products destined for a wide range of industries. Vopak's strategic focus is on four categories of terminals: Major hubs, supporting intercontinental products flows;Terminals facilitating growth in global gas markets; Import distribution terminals in major markets with structural deficits; Industrial and chemicals terminals, in the Americas, the Middle East and Asia.