Category: Inside information
Published on: SEOnet
Published at: 04.06.2021 13:23
Published document ID: INI-414/21
SID banka, d. d., Ljubljana
33rd General Meeting of SID bank, Inc
Pursuant to Article 295 of the Companies Act (ZGD-1) and Article 12 of the Articles of Association of SID – Slovenska izvozna in razvojna banka, d.d., Ljubljana the Management Board of SID banka, d.d., Ljubljana (SID bank Inc) convenes
33rd GENERAL MEETING
to be held on 7th July 2021 at 13.00 p.m.
at the SID Bank's headquarters, Ulica Josipine Turnograjske 6, Ljubljana with the following
1. Verification of quorum, presence of the notary, and the election of the chairman of the General Meeting
1.1 Proposed Resolution:
»Mr. Bojan Pecher is hereby appointed Chairman of the General Meeting.«
2. Presentation of the audited Annual Report of SID Bank with the Report of the Supervisory Board, the proposal for the allocation of the distributable profit for 2020, the proposal to give discharge to the Management Board and the Supervisory Board, presentation of the Annual Internal Audit Report accompanied with the opinion of the Supervisory Board, briefing on information regarding the remuneration policy, the rules on the conclusion of employment contracts with members of the Management board and the payment of remuneration to members of the Management board and Supervisory board
»The General Meeting takes note of the 2020 Annual Report of SID Bank and the Report of the Supervisory Board on reviewing and approving of the 2020 Annual Report of SID Bank.«
»Distributable profit amounted to EUR 4,032,728.09 as at 31 December 2020 and comprised the remainder of net profit for the 2020 financial year following the creation of regulatory reserves and reserves under the articles of association in the amount of EUR 4,457,225.78. Distributable profit for 2020 in the amount of EUR 4,032,728.09 shall be allocated to other profit reserves. «
»The General Meeting grants discharge to the Management Board of SID Bank for the financial year 2020.«
2.4. Proposed Resolution:
»The General Meeting grants discharge to the Supervisory Board of SID Bank, for the financial year 2020.«
2.5 Proposed Resolution:
»The General Meeting takes note of the Annual Report on Internal Audit for the year 2020 accompanied with the opinion of Supervisory Board.«
2.6 Proposed Resolution:
»The general meeting of SID Bank is hereby briefed on the remuneration of members of the management board and supervisory board in 2020, and on the amendments to the management board's remuneration policy and the rules on the conclusion of employment contracts with members of the management board.«
3. Amendments to the Articles of Association of SID bank
3.1 Proposed Resolution:
»The General Meeting of SID Bank adopts proposed amendments of the Articles of Association of SID-Slovenska izvozna in razvojna banka, d.d., Ljubljana.«
Proposed Resolutions for items 1, 2 and 3 were submitted by the Management Board and the Supervisory Board of SID Bank.
As sole shareholder and in accordance with the fourth article of the Law on the Slovene Export and Development Bank (ZSIRB), Republic of Slovenia may attend and cast vote at Annual General Meeting. Pursuant to Law on the Slovenian Sovereign Holding (ZSDH-1), Republic of Slovenia is represented by Slovenian Sovereign Holding.
The representative of the Slovenian Sovereign Holding, is obliged to submit the appropriate written authorization before the Annual General Meeting at the latest, and prove the identity with a personal document. SID Bank archives original documentation.
Republic of Slovenia or its representative may submit their proposals, authorizations and other documents regarding SID Bank’s Annual General Meeting by e-mail to firstname.lastname@example.org.
Explanations of the items on the agenda and proposed resolutions are available on the SID Bank’s website (www.sid.si).
Management Board of SID Bank