Voting results of 2017 Annual Ordinary General Assembly
Pursuant to the provisions of section 4.1.3.3 of the Regulation of the Athens Exchange, MOTOR OIL (HELLAS) S.A. hereby announces that the Annual Ordinary General Meeting took place on June 7th, 2017 at 12:30 hours at Athens Plaza hotel, Syntagma Square with shareholders being present representing a percentage of 74.42% of the share capital.
All items on the daily agenda were approved and the voting results for each item, pursuant to article 10 of the Law 3884/2010, are presented hereunder:
Item 1: Approval of the yearly 2016 Financial Statements (Parent Company – Consolidated) along with the relevant reports of the Board of Directors and of the Auditors.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 77,977,213 – against: 4,211,198 – abstain: 258,888
Item 2: Discharge of the members of the Board of Directors and of the Auditors from any liability for damages with regard to the yearly 2016 Financial Statements.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 66,534,386 – against: 15,654,025 – abstain: 258,888
Item 3: Election of a new Board.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 60,939,792 – against: 21,507,507 – abstain: 0
Item 4: Appointment of the members of the Audit Committee.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 74,052,237 – against: 6,354,436 – abstain: 2,040,626
Item 5: Approval of a dividend for the fiscal year 2016
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 82,447,299 – against: 0 – abstain: 0
Item 6: Election of two Auditors, one ordinary and one substitute, for the fiscal year 2017 and approval of their fees.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 75,850,111 – against: 6,495,246 – abstain: 101,942
Item 7: Approval of the fees of the Board of Directors for the fiscal year 2016 and pre-approval of their fees for the fiscal year 2017.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 78,134,159 – against: 4,211,198 – abstain: 101,942
Item 8: Distribution of part of the fiscal 2016 Net Income of the Company to the personnel and to members of the BoD and granting of the relevant authorizations.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 64,953,632 – against: 17,391,725 – abstain: 101,942
Item 9: Approval of a share buyback program of Company shares and granting of authorization to the Board relating to the procedural matters of the program.
Number of shares for which legitimate votes were submitted: 82,447,299
Percentage of Company’s share capital: 74.42%, Total number of legitimate votes: 82,447,299
Number of votes for: 77,859,404 – against: 4,524,510 – abstain: 63,385
Maroussi, June 9th, 2017.
The Board of Directors