All items on the Agenda received a majority of votes in favor. Item 7a of the Agenda received also majority vote, however failed to receive the 75% threshold required under the new legislation implementing the EU Shareholder Rights’ Directive. In view of the new legislation, Besi will nonetheless take into account the proposed Remuneration Principles and Procedures underlying the Remuneration Policy 2020-2023 for the Board of Management as approved at the 2019 AGM and the Remuneration Policy for the Supervisory Board as approved at the AGM today.

Dividend 2019

The dividend proposal of € 1.01 per ordinary share for the 2019 financial year was approved at the AGM. Such dividend will be paid out wholly in cash. Payments will commence as of May 8, 2020. The following time-table will be applicable with respect to the dividend payment:

• May 5, 2020                            Ex-dividend quotation
• May 6, 2020                            Record date for dividend eligibility (after market close)
• Starting May 8, 2020              Payment of cash dividend

Holders of ordinary shares will receive the dividend through their bank or broker in whose custody their ordinary shares are held on May 6, 2020 close of business (record date). The dividend will be made payable to them as of May 8, 2020 through ABN AMRO Bank N.V.

 

To read the full version of our press release, please download the PDF file.