ANNUAL GENERAL MEETING
Julius Tallberg Real Estate Corporation's highest decision making body is the Annual General Meeting, in which shareholders participate in the supervision and control of the Company. The Annual General Meeting is held each year before the end of June. An Extraordinary General Meeting is convened when necessary. The shareholders exercise their right to speak and vote at the General Meetings. The Managing Director, the Chairman of the Board and a sufficient number of Board members shall attend the General Meetings. A person proposed for the first time as a Board member shall participate in the General Meeting that decides on his/her election unless there are well founded reasons for the absence.
The Annual General Meeting approves the Company's financial accounts, decides on the distribution of dividends and elects the Board members and auditors.
According to article 9 of the Company's Articles of Association, a notice of an Annual General Meeting shall be delivered no earlier than three (3) months and no later than seventeen (17) days before the meeting. A notice of the meeting shall be either by publishing it in one newspaper appearing regularly in the Company's domicile, or by mail delivered to the shareholders at their address entered in the Company's share register.
The Board may decide that, in order for the shareholders to participate in the Annual General Meeting, they must register with the Company no later than the date specified in the notice of the meeting, which date may be no earlier than five days before the meeting.
|
