The Annual General Meeting of Shareholders of Koninklijke Vopak N.V. (Royal Vopak) held on 27 April 2011 passed the following resolutions:
- Adoption of the financial statements for the 2010 financial year.
- Approval of the proposed dividend. A dividend of EUR 0.70 per ordinary share having a nominal value of EUR 0.50 will be distributed wholly in cash on 4 May 2011. As from 29 April 2011, 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 2010 financial year.
- Discharge from liability of the Supervisory Board members’ supervision exercised for the 2010 financial year.
- Appointment of Mr C.K. Lam (Simon) as a member of the Supervisory Board for the maximum term of office of 4 years.
- Reappointment of Mr A. van Rossum as a member of the Supervisory Board for the maximum term of office of 4 years.
- Approval of the proposed remuneration for the Supervisory Board for the financial years 2011 and 2012.
- Authorization of the Executive Board for a period of 18 months, until 28 October 2012, 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.
- Reappointment of PricewaterhouseCoopers Accountants N.V. as the external auditor of the company and their engagement to examine the company’s financial statements for the 2011 financial year.
Profile
Royal Vopak is the world's largest independent tank storage service provider, specialized in the storage and handling of liquid chemicals, gasses and oil products. The company operates 79 terminals with a combined storage capacity of more than 25 million cubic meters in 30 countries. The terminals are strategically located for users along the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.