THE NAVIGATOR COMPANY, S.A. Public Company Headquarters: Mitrena, Apartado 55, 2901-861 Setúbal Share capital: €500,000,000; Corporate Entity 503 025 798 Registered at the Commercial Register of Setúbal
RESOLUTIONS OF THE GENERAL MEETING OF SHAREHOLDERS OF 11.05.2021
The Navigator Company, S.A. hereby informs that the following resolutions were approved in the General Meeting of Shareholders held today:
- Resolution 1: the proposal of the Board of Directors concerning the management report and accounts – on an individual basis – for the year 2020 was approved by the majority of votes;
- Resolution 2: the proposal of the Board of Directors concerning the financial statements, including the management report, the balance sheet and accounts on a consolidated basis, Corporate Governance report and Sustainability Report (which contains the consolidated non-financial consolidated statement), for the year 2020 was approved by the majority of votes;
- Resolution 3: the proposal regarding the distribution of profits to pay 0.1400 € per share, according to the following allocation, was unanimously approved:
Dividends on shares in circulation ....................................... 99,565,630 Euros Retained earnings .............................................................. 2,648,090 Euros Share in the profits of the financial year of the employees up to 7,000,000 Euros
(already assumed in the financial statements, 3,387,532 Euros of which have already been paid on December 2020)
- Resolution 4: the proposal regarding the assessment in general terms the work of the Company´s directors and auditors, was approved by the majority of votes;
- Resolution 5: the proposal regarding the Remuneration Policy for Company Officers, was approved by the majority of votes;
- Resolution 6: the proposal regarding the acquisition and disposal of own shares and bonds was approved by the majority of votes;
- Resolution 7: the proposal to resolve on the reduction of share capital by extinction of own shares, followed by a share capital increase was approved by the majority of votes;
- Resolution 8: the proposal to resolve on the reclassification of Free Reserves in the amount of 138,290,615.44 euros as Retained Earnings from previous years, regarding part of the net results of the individual accounts for the 2019 financial year, was unanimously approved.
Lisbon, May 11st 2021 The Board of Directors