Abstimmungsverhalten

ADO Properties S.A.

Geplantes Abstimmungsverhalten der SdK auf der ordentlichen Hauptversammlung am 2019-06-20

TOP 1 Presentation of the special report of the board of directors of the Company (as required pursuant to Article 441-7 of the Luxembourg law of 10 August 1915 on commercial companies, as amended) on any transaction, since the last general meeting of the Company, in respect of which any of the directors declared to have an interest conflicting with that of the Company.

 

No vote required

 

 

TOP 2 Presentation of the management report of the board of directors for the financial year ending 31 December 2018 and the reports of the independent auditor on the stand-alone annual financial statements and the consolidated financial statements of the Company for the financial year ending 31 December 2018.

 

No vote required

 

 

TOP 3 Approval of the stand-alone annual financial statements of the Company for the financial year ending 31 December 2018.

 

Approval

 

Statement of reasons: Die vom Management erstellten Stand-Alone Financial Statements wurden vom Auditor geprüft.

 

 

TOP 4 Approval of the consolidated financial statements of the Company for the financial year ending 31 December 2018.

 

Approval

 

Statement of reasons: Die vom Management erstellten Consolidated Financial Statements wurden vom Auditor geprüft.

 

 

TOP 5 Approval of the allocation of results and determination of the dividend.

 

Approval

 

Statement of reasons: Die vorgeschlagene 0,75 € Dividende entsprechen einer Ausschüttungsquote von ca. 50% des FFO 1 (Vermietungserlöse).

 

 

TOP 6 Approval of the re-appointment of Mr. Rabin Savion as director of the Company for a period running from the date of this AGM until the annual general meeting to take place in the year 2020 on the condition that Mr. Rabin Savion remains in the position of CEO of the Company during that period of his appointment; approval that Mr. Rabin Savion shall receive no remuneration in respect of his corporate mandate as a director of the Company but that the board of directors shall be entitled to approve his remuneration for his mandate as CEO of the Company in such amount as the board of directors deems appropriate.

 

Approval

 

Statement of reasons: Herr Savion hat das Unternehmen bisher erfolgreich geführt.

 

 

TOP 7 Approval of the re-appointment of Mr. Michael Bütter as director of the Company for a period running from the date of this AGM until the annual general meeting to take place in the year 2020 and approval of his annual fixed remuneration of EUR 50,000 and an additional remuneration amount of EUR 1,500 per attendance at a meeting of the board of directors or any committee of the Company, of which he is a member.

 

Approval

 

Statement of reasons: Die erneute Mandatierung erfolgt zu den dafür vorgesehenen Konditionen.

 

 

TOP 8 Approval of the re-appointment of Mr. Amit Segev as director of the Company for a period running from the date of this AGM until the annual general meeting to take place in the year 2020 and approval of his annual fixed remuneration of EUR 50,000 and an additional remuneration amount of EUR 1,500 per attendance at a meeting of the board of directors or any committee of the Company, of which he is a member.

 

Approval

 

Statement of reasons: Die erneute Mandatierung erfolgt zu den dafür vorgesehenen Konditionen.

 

 

TOP 9 Approval of the re-appointment of Mr. Jörn Stobbe as director of the Company for a period running from the date of this AGM until the annual general meeting to take place in the year 2020 and approval of his annual fixed remuneration of EUR 50,000 and an additional remuneration amount of EUR 1,500 per attendance at a meeting of the board of directors or any committee of the Company, of which he is a member.

 

Approval

 

Statement of reasons: Die erneute Mandatierung erfolgt zu den dafür vorgesehenen Konditionen.

 

 

TOP 10 Approval of annual fixed remuneration of Mr. Moshe Dayan for his role as director in an amount of EUR 50,000 and an additional remuneration amount of EUR 1,500 per attendance at a meeting of the board of directors or any committee of the Company, of which he is a member.

 

Approval

 

Statement of reasons: Die vorgeschlagenen Bezüge entsprechen denen der anderen Direktoren des Board.

 

 

TOP 11 Approval of annual fixed remuneration of Mr. Sebastian-Dominik Jais for his role as director in an amount of EUR 50,000 and an additional remuneration amount of EUR 1,500 per attendance at a meeting of the board of directors or any committee of the Company, of which he is a member.

 

Approval

 

Statement of reasons: Die vorgeschlagenen Bezüge entsprechen denen der anderen Direktoren des Board.

 

 

TOP 12 Approval of annual fixed remuneration of Mr. Constantin Papadimitriou for his role as director in an amount of EUR 50,000 and an additional remuneration amount of EUR 1,500 per attendance at a meeting of the board of directors or any committee of the Company, of which he is a member.

 

Approval

 

Statement of reasons: Die vorgeschlagenen Bezüge entsprechen denen der anderen Direktoren des Board.

 

 

TOP 13 Approval in principle to increase the board of directors of the Company by appointing an additional independent director.

 

Approval

 

Statement of reasons: Es spricht nichts dagegen, bei Bedarf das Board um ein weiteres Mitglied zu erweitern, zumal dafür die Zustimmung im General Meeting erforderlich ist.

 

 

TOP 14 Approval of the remuneration of any directors appointed by co-optation of the board of directors in replacement of any directors appointed by the general meeting of shareholders of the Company

 

Approval

 

Statement of reasons: Die gleiche Vergütung aller Mitglieder des Board wird gewährleistet.

 

 

TOP 15 Approval of the discharge of all directors having held office during the financial year ending 31 December 2018

 

Approval

 

Statement of reasons:: Die SdK bewertet das Board als Team. Das Unternehmen wurde auch 2018 erfolgreich geführt. Die wichtigsten Kennzahlen konnten gesteigert werden.

 

 

TOP 16 Approval of the re-appointment of KPMG Luxembourg as independent auditor of the Company until the annual general meeting to take place in 2020.

 

Rejection

 

Statement of reasons: Die Honorare für abschlussfremde Beratungsleistungen belaufen sich 2018 wie auch 2017 auf mehr als 25% vom Honorar für reine Abschlussleistungen. Dies lehnt die SdK ab, da die Abschlussprüfung frei von sonstigen kommerziellen Interessen erfolgen sollte.

 

Note: For objective reasons, the above voting procedure may be deviated from at the Annual General Meeting in accordance with the statutory provisions.