Key Highlights from Royal Unibrew A/S's Upcoming AGM Notice
Key Highlights from the Upcoming Annual General Meeting
Royal Unibrew A/S, a leading name in the beverage industry, is gearing up for its Annual General Meeting (AGM), inviting all shareholders to participate in this significant event. This year, the meeting is set to be entirely electronic, allowing shareholders to engage without the need for physical attendance. This initiative not only enhances accessibility but also aligns with modern practices to ensure everyone can participate easily.
Meeting Details and Agenda
Scheduled for April 29 at 4 PM CEST, this AGM will cover several essential topics crucial for the company and its shareholders.
1. Overview of Company Activities
The meeting will begin with a report on Royal Unibrew A/S's business activities over the past year, providing insights into performance and strategic direction.
2. Approval of the Annual Report
Next, shareholders will have the opportunity to review the audited Annual Report for 2024. The board recommends the adoption of this report, which captures the financial health and operational achievements of the company.
3. Discharge of Board Liability
A proposal will be presented to grant discharge from liability to the Board of Directors and Executive Management concerning the adopted Annual Report. This move reinforces accountability and transparency within the company’s governance.
4. Profit Distribution and Dividend Proposal
Royal Unibrew reported a substantial net profit of DKK 1,453 million for 2024. The Board of Directors proposes a dividend payout of DKK 15.00 per share, distributing a total of DKK 753 million, while retaining DKK 700 million for future investment. This dividend proposal showcases the company’s commitment to rewarding its shareholders while strategically reinvesting in growth.
5. Remuneration Report Approval
Shareholders will also vote on the approval of the Remuneration Report for 2024, providing transparency regarding compensation and benefits for company executives.
6. Proposed Increase in Board Fees
An increase in Board member remuneration is proposed, with the base fee set at DKK 450,000. This adjustment reflects the growing responsibilities and duties of the board members in today’s dynamic business environment.
7. Share Capital Increase Authorization
The Board seeks authorization to raise share capital up to DKK 20,080,000, allowing flexibility in financing future growth opportunities. This amendment would empower the board to make strategic decisions that can enhance shareholder value.
8. Election of Board Members
During the AGM, shareholders will vote for board member positions, including re-election of Peter Ruzicka, Jais Valeur, Torben Carlsen, Catharina Stackelberg-Hammarén, and Lise Mortensen. Notably, Inge Plochaet is proposed as a new member, promising to inject fresh insights and expertise into the governing body.
How to Participate in the AGM
To ensure your voice is heard at this significant event, shareholders must register by April 25, 2025. This can be done online through the designated company portals or via email. Registration is crucial to gain access to the electronic AGM and to be able to contribute to the discussions or cast votes on key agenda items.
Voting and Proxy Information
Shareholders unable to attend can appoint a proxy to vote on their behalf or can utilize the voting by correspondence option. The proxy must be submitted by April 25, ensuring all voices are represented even in virtual settings.
Shareholder Engagement and Questions
Royal Unibrew encourages active engagement from its shareholders. Questions about the annual report or agenda items can be submitted ahead of time, with many answered prior to the meeting. This transparency fosters a collaborative atmosphere where shareholders feel valued and informed.
Conclusion
The Royal Unibrew A/S Annual General Meeting represents not just a formal gathering but a vital opportunity for shareholders to engage in the company’s future direction. The emphasis on remote participation, alongside thoughtful proposals, underscores the company’s commitment to inclusivity and transparency. We look forward to addressing all queries and connecting with our valued shareholders.
Frequently Asked Questions
What is the date of the Royal Unibrew A/S AGM?
The AGM is scheduled for April 29 at 4 PM CEST.
How can I participate in the meeting?
You can participate electronically by registering before April 25, 2025.
What key topics will be discussed at the AGM?
Key topics include the approval of the Annual Report, profit distribution, and board member elections.
Is there an opportunity to ask questions before the AGM?
Yes, shareholders can submit questions in advance, which will be addressed at the meeting.
What is the proposal regarding board member remuneration?
The proposal suggests increasing the base fee for board members to DKK 450,000.
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