Announcement/ Voting results of OGM,09.06.2021 | RNS | Ticker

Announcement/ Voting results of OGM,09.06.2021

RNS Announcement

RNS Number : 8489B

Hellenic Telecomms Organization S A

14 June 2021

Voting Results of the 69th Ordinary General Meeting of Shareholders of OTE S.A. of 09/06/2021

Athens, Greece - June 14, 2021 - Hellenic Telecommunications Organization S.A. (OTE S.A.), in accordance with the provisions of article 133, par. 2 of L. 4548/2018 and article 4.1.3.3 of the Athens Exchange Regulation, as in force, hereby releases the voting results of the 69th Ordinary General Meeting of Shareholders of June 9, 2021.

ISSUES
ITEM No 1:	Approval of the Financial Statements of OTE S.A. in accordance with the International Financial Reporting Standards (both Separate and Consolidated) of the fiscal year 2020 (1/1/2020-31/12/2020), with the relevant Reports of the Board of Directors and the Auditors and approval of the annual profits' distribution.
ITEM No 2:	Approval of the Activities Report of the OTE Audit Committee for the year 2020.
ITEM No 3:	Approval, according to article 108 of Law 4548/2018, of the overall management of the Company by the Board of Directors during the fiscal year 2020 (1/1/2020-31/12/2020) and exoneration of the Auditors for the fiscal year 2020 (1/1/2020-31/12/2020), pursuant to article 117 par. 1(c) of Law 4548/2018.
ITEM No 4:	Appointment of an Audit Firm for the statutory audit of the Financial Statements (both Separate and Consolidated) of OTE S.A., in accordance with the International Financial Reporting Standards, for the fiscal year 2021 (1/1/2021-31/12/2021).
ITEM No 5:	Final determination of the remuneration and expenses of the members of the Board of Directors for their participation in the proceedings of the Board of Directors and its Committees during the fiscal year 2020 (1/1/2020-31/12/2020). Determination of the remuneration and expenses of the members of the Board of Directors for their participation in the proceedings of the Board of Directors and its Committees for the fiscal year 2021 and pre-approval for their payment until the Ordinary (Annual) General Meeting of the Shareholders which will take place within 2022 and will finally determine them.
ITEM No 6:	Approval of the variable remuneration of the executive members of the Board of Directors for the fiscal year 2020 (1/1/2020-31/12/2020).
ITEM No7:	Remuneration Report for the members of the Board of Directors for the fiscal year 2020, according to article 112 of Law 4548/2018.
ITEM No 8:	Granting of a special permission, according to articles 97 par.3, 99 par.1, 2 and 100 par.2 of Law 4548/2018, for the continuation for the period 31/12/2021 until 31/12/2022 of the insurance coverage of Directors & Officers of OTE S.A. and its affiliated companies, against liabilities incurred in the exercise of their competences, duties and powers
ITEM No 9:	Publication to the Ordinary General Meeting of the Shareholders of the Company, according to article 97 par. 1 (b) of Law 4548/2018, of any cases of conflict of interest and agreements of the fiscal year 2020 which fall under article 99 of Law Ν.4548/2018 (related party transactions).
ITEM No 10:	Approval of the cancellation of three million, four hundred and sixty nine thousand, five hundred (3,469,500) own shares purchased by the Company under the approved own share buy-back program in order to cancel them, with the corresponding reduction of its share capital by the amount of nine million, eight hundred and eighteen thousand, six hundred and eighty five Euros (€9,818,685.00), according to article 49 of Law 4548/2018 and the subsequent amendment of article 5 (Share Capital) of the Company's Articles of Incorporation.
ITEM No 11:	Approval of the "Suitability Policy for the members of the Board of Directors", in accordance with Law 4706/2020 and the Hellenic Capital Market Commission's Circular No. 60/18.09.2020.
ITEM No 12:	Election of a new Board of Directors and Appointment of independent members, pursuant to the relevant provisions of Law 4706/2020
ITEM No 13:	Kind, composition and tenure of the Audit Committee.
ITEM No 14:	Granting of permission, according to article 98 par.1 of Law 4548/2018 and article 14 of the Articles of Incorporation, to the Members of the Board of Directors and Officers to participate in boards of directors or in the management of OTE Group companies with the same or similar objectives.
ITEM No 15:	Miscellaneous announcements

PRESENT & REPRESENTED SHAREHOLDERS
TOTAL NUMBER OF SHARES		OWN SHARES			TOTAL NUMBER OF SHARES WITH VOTING RIGHTS*		TOTAL NUMBER OF VALID VOTES		QUORUM (AS PERCENTAGE OF VALID VOTES ON THE TOTAL NUMBER OF SHARES WITH VOTING RIGHTS*)


460,208,620		4,548,000			455,660,620		377,477,702		82.8%
VOTING RESULTS PER AGENDA ITEM
AGENDA ITEM (SUBJECT NUMBER)	QUORUM (NUMBER OF VALID VOTES)					MAJORITY (VALID VOTES ON QUORUM (%))				VALID VOTES ON THE TOTAL NUMBER OF SHARES WITH VOTING RIGHTS* (%)
AGENDA ITEM (SUBJECT NUMBER)	IN FAVOUR		AGAINST	ABSTAIN		IN FAVOUR	AGAINST	ABSTAIN		IN FAVOUR	AGAINST	ABSTAIN
1	377,341,526		0	136,176		100.0%	0.0%	0.0%		82.8%	0.0%	0.0%
2	NON VOTABLE ITEM
3	376,530,161		650,755	296,786		99.7%	0.2%	0.1%		82.6%	0.1%	0.1%
4	376,939,158		534,644	3,900		99.9%	0.1%	0.0%		82.7%	0.1%	0.0%
5	377,382,852		90,950	3,900		100.0%	0.0%	0.0%		82.8%	0.0%	0.0%
6	376,315,418		838,129	324,155		99.7%	0.2%	0.1%		82.6%	0.2%	0.1%
7	333,209,911		44,263,891	3,900		88.3%	11.7%	0.0%		73.1%	9.7%	0.0%
8	374,984,603		2,356,923	136,176		99.3%	0.6%	0.0%		82.3%	0.5%	0.0%
9	NON VOTABLE ITEM
10	377,473,802		0	3,900		100.0%	0.0%	0.0%		82.8%	0.0%	0.0%
11	377,382,852		90,950	3,900		100.0%	0.0%	0.0%		82.8%	0.0%	0.0%

PRESENT & REPRESENTED SHAREHOLDERS
TOTAL NUMBER OF SHARES		OWN SHARES			TOTAL NUMBER OF SHARES WITH VOTING RIGHTS*		TOTAL NUMBER OF VALID VOTES		QUORUM (AS PERCENTAGE OF VALID VOTES ON THE TOTAL NUMBER OF SHARES WITH VOTING RIGHTS*)


460,208,620		4,548,000			455,660,620		377,477,702		82.8%
VOTING RESULTS PER AGENDA ITEM
12	The Shareholders proposed ten candidate members for the ten - member Board of Directors. The voting results have as follows:
PROPOSED / MEMBERS	QUORUM (NUMBER OF VALID VOTES)					MAJORITY (VALID VOTES ON QUORUM (%))				VALID VOTES ON THE TOTAL NUMBER OF SHARES WITH VOTING RIGHTS* (%)
PROPOSED / MEMBERS	IN FAVOUR		AGAINST	ABSTAIN		IN FAVOUR	AGAINST	ABSTAIN		IN FAVOUR	AGAINST	ABSTAIN
12.1 Michael Tsamaz	335,848,716		1,674,114	39,954,872		89.0%	0.4%	10.6%		73.7%	0.4%	8.8%
12.2 Charalampos Mazarakis	335,452,544		1,741,937	40,283,221		88.9%	0.5%	10.7%		73.6%	0.4%	8.8%
12.3 Robert Hauber	315,951,958		1,755,547	59,770,197		83.7%	0.5%	15.8%		69.3%	0.4%	13.1%
12.4 Kyra Orth	315,783,920		1,755,547	59,938,235		83.7%	0.5%	15.9%		69.3%	0.4%	13.2%
12..5 Dominique Leroy	315,783,920		1,755,547	59,938,235		83.7%	0.5%	15.9%		69.3%	0.4%	13.2%
12.6 Michael Wilkens	315,944,630		1,755,547	59,777,525		83.7%	0.5%	15.8%		69.3%	0.4%	13.1%
12.7 Grigorios Zarifopoulos	315,921,325		1,755,547	59,800,830		83.7%	0.5%	15.8%		69.3%	0.4%	13.1%
12.8 Eelco Blok	351,870,797		1,142,653	24,464,252		93.2%	0.3%	6.5%		77.2%	0.3%	5.4%
12.9 Dimitrios Georgoutsos	376,641,632		685,783	150,287		99.8%	0.2%	0.0%		82.7%	0.2%	0.0%
12.10 Catherine de Dorlodot	377,021,474		265,441	190,787		99.9%	0.1%	0.1%		82.7%	0.1%	0.0%

13	352,845,502	4,692,983	19,939,217	93.5%	1.2%	5.3%	77.4%	1.0%	4.4%
14	377,473,802	0	3,900	100.0%	0.0%	0.0%	82.8%	0.0%	0.0%
15	NON VOTABLE ITEM

* Pursuant to article 50 of Law 4548/2018, the voting rights attaching to own shares are suspended and those shares are not taken into account for the calculation of quorum.

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

E-mail: iroffice@ote,gr

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RNS metadata

Title: Announcement/ Voting results of OGM,09.06.2021
Time: 16:18:45
Date: 14 Jun 2021
Category: Miscellaneous
ID: 8489B