Rotterdam, the Netherlands, 23 April 2009
The Annual General Meeting of Shareholders of Koninklijke Vopak N.V. (Royal Vopak) held on 23 April 2009 passed the following resolutions:
- Adoption of the financial statements for the 2008 financial year.
- Approval of the proposed dividend. On 15 May 2009 a dividend of EUR 1.10 per ordinary share will be distributed in ordinary shares, unless a shareholder expressly requests payment in cash before the close of business on Euronext on 13 May 2009. As from 27 April 2009, the shares of Vopak will be listed ex-dividend on Euronext Amsterdam.
- Approval of the proposed amendment of the articles of association. The amendments of the articles of association relate to an increase in the authorised share capital such as to facilitate the issue of ordinary shares pursuant to the dividend in shares, and relate to an amendment in the by-laws of Stichting Vopak.
- Approval to the proposal to agree to electronic provision of information to shareholders.
- Endorsement of the Executive Board members’ conduct of the company’s affairs for the 2008 financial year.
- Endorsement of the Supervisory Board members’ supervision exercised for the 2008 financial year.
- Approval of the proposed amendments to the remuneration policy for the Executive Board. The amendments concern changes to the fixed and variable parts of the remuneration for the chairman and members of the Executive Board, and of the financial criteria for both the shortterm and long-term bonus plan for the Executive Board.
- Reappointment of Mr F.D. de Koning as a member of the Executive Board, until the end of the Annual General Meeting of Shareholders in 2010.
- Approval of the proposed amendments to the remuneration for 2009 and 2010 of the membersof the Supervisory Board.
- Appointment of Mr R.G.M. Zwitserloot as a member of the Supervisory Board from 1 October 2009.
- Designation of the Executive Board as the competent body to acquire, for valuable consideration, fully paid-up ordinary shares in the company for a period of 18 months.
- 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 2009 financial year.
Profile
Royal Vopak is the world's largest independent tank terminal operator specializing in the storage and handling of liquid and gaseous chemical and oil products. On request, Vopak can provide complementary logistics services for customers at its terminals. Vopak operates 80 terminals with a storage capacity of more than 27 million cbm in 32 countries. The terminals are strategically located for users and 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.