Barco - EGM 26 March 2021
In light of the coronavirus COVID-19 outbreak, it is uncertain if the measures imposed by the Belgian government, like the prohibition on gathering, will still be in force on 26 March 2021, date of the first extraordinary general meeting.
If so, and in order to preserve the health of the individual shareholders, the employees, and the directors of the company, the Board of Directors urges the individual shareholders not to physically attend the shareholders meeting.
The Board of Directors will also enable the shareholders to attend the shareholders meetings from a distance and to exercise their right to ask questions, using Barco’s weConnect technology. The practical arrangements hereto will be published on Barco’s website.
Under ITEM 2, in consideration of respect of Proxinvest's ceilings and the arguments of the Board of Directors about this authorisation (capital increase as adequate method to raise financial means, justified distribution of dividends in kind in the context of pandemic, prohibition on the use of the authorisation during a takeover bid), we recommend to vote FOR.
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As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide.
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