ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.
Decisions of the Annual General Meeting of the Shareholders
The Annual General Meeting of the Shareholders of HALCOR S.A., was held at ATHENS IMPERIAL HOTEL, Karaiskaki Sq., Athens, on Tuesday, June 14, 2007 at 12:30 hours, pursuant to the pertinent notice of the Company's Board of Directors, dated May 23, 2007. They were attended 21 shareholders, holding 56.253.348 shares out of 101.279.627 shares, i.e. 55.54% of the voting rights. The General Meeting decided on the following matters of the agenda:
1) The annual financial statements, the Auditor's Report and the Management Report of the Board of Directors for the financial year 2006 were approved.
2) All members of the Board of Directors of the company as well as the auditors were discharged for the year 2006.
3) The profit appropriation for the year 2006 and the dividend distribution was approved. Eligible to receive dividend payment (0.085 euro per share) are the company's shareholders at the end of the trading session of the Athens Stock Exchange on 27/06/2007. From 28/07/2007 the company's shares will be traded in the Athens Stock Exchange with no right for dividend for the year 2006. The dividend payment date was set for 05/07/2007 through the network of ALPHA BANK branches.
4) KPMG KIRIAKOU CERTIFIED AUDITORS S.A. was elected as Ordinary Certified Auditors for the financial year 2007. Their payment was in accordance with their financial offer.
5) The decision that has been taken on 13.2.2007 electing as temporary member of the BoD Mr Nikolaos Koudounis for the replacement of Mr Athanasios Athanasopoulos that has left was approved.
6) The following members of the BoD with one year duration were elected: 1. THEODOSIOS PAPAGEORGOPOULOS, 2. MENELAOS TASOPOULOS, 3. GEORGIOS PASSAS, 4. ANDREAS KIRIAZIS, independent, non executive member, 5. EUSTATHIOS STIMBER, independent, non executive member, 6. KONSTANTINOS BAKOURIS, 7. NIKOLAOS KOUDOUNIS, 8. JEAN CHOUVEL, 9. ANDREAS KATSANOS, 10. KONSTANTINOS KASOTAKIS. The term of office of the above Board members will start on the day after their election and it will terminate at the date of the A.G.M. of the year 2008.
7) The General Meeting also approved the amounts to be paid to the members of the BoD of euro 245.000,00 according to article 24 par. 2 of C.L. 2190/1920 for the services that they will offer within 2007.
8) Regarding the 8th item of the daily agenda Issue of common Bond loans for which there is a quorum requirement for the 2/3 of the company's share capital so as to take decision according to the Company's Articles of Association, the General Meeting decided, because there was not the necessary quorum, to include it to the daily agenda of a Repetitive General Meeting and gave authority to the BoD to invite the shareholders to the aforementioned Repetitive General Meeting.
1) The annual financial statements, the Auditor's Report and the Management Report of the Board of Directors for the financial year 2006 were approved.
2) All members of the Board of Directors of the company as well as the auditors were discharged for the year 2006.
3) The profit appropriation for the year 2006 and the dividend distribution was approved. Eligible to receive dividend payment (0.085 euro per share) are the company's shareholders at the end of the trading session of the Athens Stock Exchange on 27/06/2007. From 28/07/2007 the company's shares will be traded in the Athens Stock Exchange with no right for dividend for the year 2006. The dividend payment date was set for 05/07/2007 through the network of ALPHA BANK branches.
4) KPMG KIRIAKOU CERTIFIED AUDITORS S.A. was elected as Ordinary Certified Auditors for the financial year 2007. Their payment was in accordance with their financial offer.
5) The decision that has been taken on 13.2.2007 electing as temporary member of the BoD Mr Nikolaos Koudounis for the replacement of Mr Athanasios Athanasopoulos that has left was approved.
6) The following members of the BoD with one year duration were elected: 1. THEODOSIOS PAPAGEORGOPOULOS, 2. MENELAOS TASOPOULOS, 3. GEORGIOS PASSAS, 4. ANDREAS KIRIAZIS, independent, non executive member, 5. EUSTATHIOS STIMBER, independent, non executive member, 6. KONSTANTINOS BAKOURIS, 7. NIKOLAOS KOUDOUNIS, 8. JEAN CHOUVEL, 9. ANDREAS KATSANOS, 10. KONSTANTINOS KASOTAKIS. The term of office of the above Board members will start on the day after their election and it will terminate at the date of the A.G.M. of the year 2008.
7) The General Meeting also approved the amounts to be paid to the members of the BoD of euro 245.000,00 according to article 24 par. 2 of C.L. 2190/1920 for the services that they will offer within 2007.
8) Regarding the 8th item of the daily agenda Issue of common Bond loans for which there is a quorum requirement for the 2/3 of the company's share capital so as to take decision according to the Company's Articles of Association, the General Meeting decided, because there was not the necessary quorum, to include it to the daily agenda of a Repetitive General Meeting and gave authority to the BoD to invite the shareholders to the aforementioned Repetitive General Meeting.