Join CMB.TECH for Upcoming General Meetings
Antwerp, April 2025 - CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) is thrilled to invite its shareholders to attend the Annual General Meeting, Special General Meeting, and Extraordinary General Meeting scheduled for May 22, 2025, at 10:00 a.m. CET in Antwerp. This gathering is essential for shareholders to stay informed and engaged with the company's future direction.
Key Dates and Participation Details
Shareholders should note the critical record date is set for May 8, 2025. During this time, shares cannot be repositioned between the Belgian Register and the U.S. Register. This freeze period runs from May 7, 2025, at 8:00 a.m. until May 9, 2025, at 8:00 a.m. local time. It is vital for shareholders to understand these timelines to ensure they can participate effectively.
Agenda for the Ordinary General Meeting
The agenda for the ordinary general meeting is comprehensive and focuses on key financial and governance issues. Key items include:
- Presentation of the supervisory board and statutory auditor's reports for the financial year ending December 31, 2024.
- Acknowledgment and approval of the remuneration report.
- Approval of the annual accounts for 2024.
- Allocation of profits from the financial year ending December 31, 2024.
- Discharge of liability for supervisory board members and statutory auditors.
- Reappointment of board member Julie De Nul.
- Resignation of independent board member Patrick Molis and appointment of Compagnie Nationale de Navigation S.A.S. as his replacement.
- Decisions regarding remuneration for board members and the statutory auditor.
- Proxy matters relating to the Crossroad Bank for Enterprises and fiscal administrations.
Special and Extraordinary General Meeting Highlights
In addition to the ordinary meeting, the special and extraordinary general meetings will delve into critical corporate matters:
Agenda for the Special General Meeting
- Approval of key change of control clauses in credit agreements.
- Consideration of a supervisory board report regarding potential asset transfers.
- Additional proxy measures will also be addressed.
Agenda for the Extraordinary General Meeting
- Authorization for the supervisory board to increase share capital.
- Amendments to article 7 of the articles of association.
- Renewal of the authorization for the supervisory board regarding share acquisition.
- Authorization for the supervisory board to dispose of shares to specific individuals.
- Finalization of amendments related to article 13 of the articles of association.
- Authorization for notary services to amend corporate articles accordingly.
About CMB.TECH
CMB.TECH is a dynamic player in the maritime sector, owning and operating over 160 vessels including crude oil tankers, dry bulk carriers, and innovative marine solutions. Our focus is not just on traditional shipping but also on cutting-edge fuel technologies such as hydrogen and ammonia. With headquarters in Antwerp and offices across Europe, Asia, and Africa, we are dedicated to sustainability and innovation in maritime operations.
Listed on both the NYSE and Euronext Brussels under the ticker CMBT, CMB.TECH is committed to transparency and engaging stakeholders through these important meetings. We encourage all shareholders to stay informed and engage actively in our journey forward.
Frequently Asked Questions
What is the date and time of the general meetings?
The general meetings will take place on May 22, 2025, at 10:00 a.m. CET.
Where will the meetings be held?
The meetings are scheduled to be held in Antwerp, Belgium.
What is the significance of the freeze period?
The freeze period from May 7 to May 9 restricts the repositioning of shares between international registers, ensuring proper participation for this meeting.
What are some key agenda items for the ordinary meeting?
Key items include reports from the supervisory board, approval of remuneration, and reappointment of board members, among others.
How can shareholders get more information?
Shareholders can review the convening notice and other detailed documents on the CMB.TECH website’s investor section.
