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Shareholders' General Meeting

2015
Shareholders’ Extraordinary General Meeting | 16th December 2015
Notice of Meeting
Rules for the entitlement to participate at the General Meeting
9th December
(until 00:00 hours GMT)
Deadline for receipt of notices from shareholders regarding their intent to participate at the General Meeting, addressed to the Chairman of the Board of the Shareholders’ General Meeting and to the financial intermediary. 

The notice addressed to the Chairman of the Board of the Shareholders’ General Meeting may be sent by email. 
Send email
9th December
(until 00:00 hours GMT)
Deadline for receiving information, under the terms of nr. 6 of article 23-C of the Portuguese Securities Code, from shareholders who, as professionals, hold shares registered in his/her/its own name but on behalf of his/her/its clients, and wish to vote in different directions with his/her/it shares.

The information may be sent by email.
Send email
9th December
(at 00:00 hours GMT)
Record Date. Only shareholders that, on this date and at this time, hold shares which grant them at least one vote, can attend the General Meeting.
10th December
(until 00:00 hours GMT)
Deadline for financial intermediaries to inform the Chairman of the Board of the Shareholders’ General Meeting of the number of shares registered in the name of each shareholder who has stated his/her/its intention to attend the General Meeting.

The information may be sent by email. 
Send email
Rules for the Exercise of the Representation Right and the Voting Right Through Electronic Means and by way of Postal Vote
1st December
(until 18:00 hours GMT)
Deadline for the receiving notice addressed to the Chairman of the Board of Shareholders’ General Meeting from the shareholders stating their intention to vote by electronic means. 
11th December
(until 18:00 hours GMT)
Deadline for receiving the written votes sent by post.
11th November
(until 18:00 hours GMT)
Deadline for the exercise of the written voting by electronic means.
11th November
(until 18:00 hours GMT)
Deadline for the exercise of the written voting by electronic means.
16th November
(until 11:00 hours GMT)
Deadline for receiving representation letters.

The representation letters may be sent by email. 
Send email
Preparatory information
Proposals
Form of participation in the General Assembly
electronic voting resolutions adopted
The Shareholders’ Extraordinary General Meeting of Sonae – SGPS, SA took place at the Company’s head-office, on 16th December 2015, at 10 am, acting as Chairman Mr. Manuel Eugénio Pimentel Cavaleiro Brandão and as Secretary Ms. Maria da Conceição Henriques Fernandes Cabaços. There were present or represented shareholders holding 1,312,921,431 shares corresponding to 65.65% of the voting rights, who approved the following proposals submitted on each item of the agenda:
Agenda/proposals
For
Against
Abstain
No. Issued Votes
% Share Capital*
No. Shares
  • Agenda/proposals
    Discuss and approve the distribution of Free Reserves as shareholders’ remuneration.
    Appendix
    For
    100%
    Against
    0%
    Abstain
    770,615
    No. Issued Votes
    1,312,921,431
    % Share Capital*
    65.65%
    No. Shares
    1,312,921,431
  • Agenda/proposals
    Discuss and approve the proposal of the Shareholders’ Remuneration Committee (“Comissão de Vencimentos”) for the selection and assessment policy for membership of the statutory governing bodies, in compliance with the General Regime of Credit Institutions and Financial Companies.
    For
    99.99%
    Against
    0.01%
    Abstain
    770,615
    No. Issued Votes
    1,312,921,431
    % Share Capital*
    65.65%
    No. Shares
    1,312,921,431
  • Agenda/proposals
    Discuss and approve the increase of the Board of Directors’ number of members, from seven to nine members.
    For
    100%
    Against
    0%
    Abstain
    3,220,615
    No. Issued Votes
    1,312,921,431
    % Share Capital*
    65.65%
    No. Shares
    1,312,921,431
  • Agenda/proposals
    Discuss and approve the election of two new members to the Board of Directors, subject to the approval of the previous agenda item proposal for the increase of Board Member.
    Appendix
    For
    99.87%
    Against
    0.13%
    Abstain
    3,220,615
    No. Issued Votes
    1,312,921,431
    % Share Capital*
    65.65%
    No. Shares
    1,312,921,431
*Excluding 137859 own shares held by the Company’s subsidiary on 16th December 2015.

Additionally to the proposals related to the items on the Agenda, to the Shareholders’ Extraordinary General Meeting were available the Interim Balance sheet, as well as the information required by Article 289 of the Portuguese Companies Act, Article 30-A, paragraphs 5 and 7 of the General Regime of Credit Institutions and Financial Companies and Article 21-C of the Portuguese Securities Code.