Key Resolutions for AS Tallinna Vesi Shareholders to Vote On
Essential Resolutions for AS Tallinna Vesi Shareholders
The Management Board of AKTSIASELTS TALLINNA VESI, referred to as the 'Company', is engaging with its shareholders regarding important draft resolutions. These resolutions are set to be adopted without the need for an extraordinary general meeting, in accordance with the company's Articles of Association and the Commercial Code.
Voting Process for Shareholders
Shareholders are invited to participate in this critical decision-making process by submitting their votes on the provided draft resolutions. This can be done through the ballot available on the Company’s official website. All votes must be sent in along with documentation that verifies the right of representation by a specified deadline.
Deadline for Submission
It’s crucial for shareholders to submit their votes by the established deadline. If a shareholder does not indicate whether they are in favor or against the resolution by this time, it will be assumed they are voting against it. Additionally, the list of eligible shareholders to vote will be finalized a week before the submission deadline.
Proposed Resolutions from the Management Board
The Management Board, in concurrence with the Supervisory Council, has put forth several proposals that will be voted on:
1. Extension of Supervisory Council Member's Term
The primary proposal is to extend the term of Silver Tamm on the Supervisory Council for an additional three years, starting from mid-January. This extension is essential for maintaining continuity in leadership.
Information Requests from Shareholders
Shareholders have the right to request further information regarding the candidates or specific voting matters until shortly before the vote. This helps ensure that all shareholders are fully informed when making their voting decisions.
Contact Information for Queries
If shareholders have questions or need clarification regarding the resolutions or voting procedure, they are encouraged to reach out to Melika Kiilmaa, the Company’s General Counsel. As communication is vital, all inquiries should be directed to her before the specified cutoff date.
Appointing Proxies
For those who cannot attend or participate in the voting process, they have the option of appointing a proxy. This process can be initiated by submitting a digitally signed proxy via email or sending a scanned copy of a signed document. It's important to ensure that all proxies are appropriately signed and submitted to maintain their validity.
Proving Authorization for Representation
Shareholders need to present valid identification to prove their authority to represent a voting shareholder. Legal entities must provide appropriate documentation to confirm their status. This requirement is crucial for maintaining the integrity of the voting process.
Voting Methods Accepted
Shareholders have the choice to sign ballots either electronically or with a handwritten signature. Regardless of the method chosen, it is vital that ballots are submitted timely to be counted.
Announcement of Results
Once the voting deadline has passed, the resolutions adopted will be publicly disclosed through an official announcement. Shareholders can expect detailed records to be available, providing transparency about the voting outcomes.
Frequently Asked Questions
What are the key resolutions proposed for voting?
The main resolution proposed is the extension of Silver Tamm's term on the Supervisory Council.
How can shareholders submit their votes?
Votes can be submitted via the Company's website where ballots are made available for completion.
What is the deadline for submitting votes?
Votes must be submitted by 9:00 AM on a specified Monday in January.
Who can be contacted for questions regarding the resolutions?
Shareholders can contact Melika Kiilmaa, General Counsel, for queries regarding the resolutions or voting procedures.
What identification is required for proving authorization?
Shareholders must present a valid identity document or, for legal entities, an excerpt from a valid registry card to confirm their authority.
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