The Annual General Meeting of Koninklijke Vopak N.V. (Royal Vopak) held on 23 April 2014 passed the following resolutions:
- Adoption of the financial statements for the 2013 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 2 May 2014. As from 25 April 2014, 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 2013 financial year.
- Discharge from liability of the Supervisory Board members’ supervision exercised for the 2013 financial year.
- Re-appointment of Mr E.M. Hoekstra (Eelco) as a member of the Executive Board for the term of 4 years.
- Re-appointment of Mr F. Eulderink (Frits) as a member of the Executive Board for the term of 4 years.
- Re-appointment of Mr C.J. van den Driest (Carel) as a member of the Supervisory Board for the term of 4 years.
- Authorization of the Executive Board for a period of 18 months, up till and including 22 October 2015, 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.
- To cancel the cumulative financing preference shares subject to the condition precedent that the Executive Board, subject to the approval of the Supervisory Board, resolves not to continue the 2009 Program.
- 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 2015 financial year.
Profile
Royal Vopak is the world's largest independent liquid bulk tank storage service provider by capacity, specialized in the storage and handling of oil products, liquid chemicals and gasses. As per 23 April 2014, the company operates 79 terminals in 29 countries with a combined storage capacity of more than 31 million cbm, with another 6.6 million cbm under development, to be added by 2017. 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.