Relevant Information
Annual General Meeting of Shareholders
Lisbon, 12 May 2020
The Annual General Meeting of Shareholders of Novabase – Sociedade Gestora de Participações Sociais, S.A. (hereinafter referred to as "Novabase") was held this afternoon. The following resolutions were adopted, in accordance with the terms of the proposals submitted under the several items of the agenda and previously disclosed:
- 1) Approval of the Management Report (which includes the Corporate Governance Report as attachment) and of the Accounts for the 2019 financial year.
- 2) Allocation of results in accordance with the following terms, as proposed by the Board of Directors:
- transfer of the individual net result of the financial year ended on 31 December 2019, in the negative amount of € 1,762,445.42 euros (one million, seven hundred and sixty-two thousand, four hundred and forty-five euros and forty-two cents), to the retained earnings account.
Notwithstanding the aforementioned individual net result, Novabase presented a consolidated net result of € 20,400,118.18 (twenty million, four hundred thousand, one hundred and eighteen euros and eighteen cents), in the same financial year ending on 31 December 2019.
- 3) Approval of a general appraisal to the Board of Directors and to the Audit Board and all its respective members, as well as to the Chartered Auditor.
- 4) Approval of the Remuneration Committee report on the remuneration policy for the 2019 financial year and of the declaration of the same Remuneration Committee on the remuneration policy for members of the management and supervisory bodies of the Company pursuant to Law no. 28/2009 of 19 June 2009.
- 5) Approval of the acquisition and disposal of own shares.
- 6) Approval of the remuneration of the members of the Remunerations Committee.