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Shareholders' General Meeting

2012
Shareholders’ General Meeting | 30 april 2012
Notice of Meeting
Rules for the entitlement to participate at the General Meeting
23 April
(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
23 April
(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 own name but on behalf of his/her clients, and wish to vote in different directions with his/her shares.

The information may be sent by email 
Send email
23 April
(at 00:00 hours GMT)
Record Date. Only shareholders that, on this date and time, hold shares which grant them at least one vote, can attend the General Meeting.
24 April
(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 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
17 April
(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.
24 April
(until 18:00 hours GMT)
Deadline for receiving the written votes sent by post.
30 April
(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’ General Meeting of Sonae – SGPS, SA took place at the Company’s head-office, on 30th April 2012, at 11 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 1,214,023,313 shares corresponding to 60.71% 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 Company’s Annual Report, balance sheet and the individual and consolidated accounts for the year ended 31 December 2011;
    For
    100%
    Against
    0%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
  • Agenda/proposals
    Decide on the proposed appropriation of the financial year net result;
    For
    100%
    Against
    0%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
  • Agenda/proposals
    Assess the management and audit of the Company
    For
    99.99%
    Against
    0.01%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
  • Agenda/proposals
    Decide on the statement issued by the Shareholders’ Remuneration Committee on the Remuneration Policy for the statutory governing bodies and Persons Discharging Managerial Responsibilities (“Dirigentes”), and on the share attribution plan and respective regulation;
    Appendix
    For
    99.89%
    Against
    0.11%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
  • Agenda/proposals
    Decide on the authorisation for the purchase and sale of own shares up to the legal limit of 10%;
    For
    99.90%
    Against
    0.10%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
  • Agenda/proposals
    Decide on the authorisation for the purchase and sale of bonds issued by the Company up to the legal limit of 10%;
    For
    99.90%
    Against
    0.10%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
  • Agenda/proposals
    Decide on the authorisation for the purchase and/or for the holding of shares of the Company by its controlled companies, under the applicable terms of article 325-B of the Portuguese Companies Act.
    For
    100%
    Against
    0%
    Abstain
    0%
    No. Issued Votes
    1,214,023,313
    % Share Capital*
    60.71%
    No. Shares
    1,214,023,313
*Excluding 368,173 own shares held by the Company on 30th April 2012.

Additionally to the proposals related to the items on the Agenda, to the Shareholders’ Annual General Meeting were available the Management Report (including the Corporate Governance Report and the individual and consolidated 2011 accounts), the Statutory Audit Board Report and the Accounts Legal Certification issued by the Statutory External Audit, as well as the information required by Article 289 of the Portuguese Companies Act and Article 21, paragraph c), of the Portuguese Securities Code.