Shareholders’ Meeting
The Shareholders’ Meeting, convened either in Ordinary or Extraordinary session, approves resolutions accordance with the modalities and matters allowed pursuant to law and the Bylaws.
More specifically, the Ordinary Shareholders’ Meeting elects and dismisses the Directors, elects the Statutory Auditors and the Chairperson of the Board of Statutory Auditors, as well as the Designated Accounting Officer, determining the respective compensation if not otherwise determined by the Bylaws, approves the Annual Financial Statements and the Shareholders’ Meeting Regulations and adopts resolutions concerning all other issues reserved for its jurisdiction pursuant to law.
SHARE CAPITAL INFORMATION
The share capital undersigned and paid-up amounts to Euro 600,000,000.00 and is divided in 893,788,182 shares without express nominal value, of which 892,172,691 ordinary shares (with the right of vote in the Shareholders’ Meetings of the Company) and 1,615,491 savings shares (with the right of vote in this category’s meetings). As at the notice of call date of the Shareholders’ Meeting of April 22, 2020, the Company holds 1,330,845 own shares.
Regulation of Shareholders’ Meetings
The rules governing the Shareholders’ Meeting of Abubaker Technical S.p.A., prepared in accordance with the guidelines recommended by Assonime (the Association of Italian Corporate Entities), are aimed at ensuring the orderly functioning of the Meeting, while guaranteeing the fundamental right of each shareholder to ask questions about the issues being discussed, express his or her opinion and submit motions.
