In general, IMCD is in compliance with the Dutch regulations relating to the organisation and procedures of the Annual General Meeting.
Under ITEM 5b, the executive board, subject to the approval of the supervisory board, seeks authorisation to be the designated body entitled to restrict and/or exclude pre-emptive rights upon issuing ordinary shares. In aggregate, the authorisation requested is limited to 20% of the Company's share capital and thereby exceeds ECGS' guidelines. Accordingly, ECGS recommends to vote OPPOSE.
There are no further peculiarities.
IMCD Group is a specialty chemicals group based in the Netherlands. Co. is engaged in the sale, marketing and distribution of specialty chemicals and food ingredients globally. Co.'s business groups are Detergents, Pharma, Personal Care, Coatings, Food & Nutrition, Lubricants, Synthesis, Plastics and others. Co.'s product offering includes additives, antioxidants, extracts, preservatives, acids, lubricants, oils, softeners, wax, components for oral, topical and vaccine drug formulations, fragrances, pigments, solvents, resins, flavors, herbs and spices, surface active agents, and fillers, among others. Co. maintains offices and warehouses in Europe, Asia Pacific, Africa, the USA and Brazil.
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