EDP's Annual General Shareholders Meeting | edp.com

EDP – Energias de Portugal, S.A. ("EDP") informs that at the General Shareholders Meeting held on May 6th, 2013 the Shareholders have approved the following resolutions:

1. The 2012 individual and consolidated accounts' reporting documentation, including the sole management report (comprising a chapter referring to corporate governance), the individual and consolidated accounts, the annual report and an opinion issued by the General and Supervisory Board and the legal certification of the individual and consolidated accounts;

2. The allocation of EDP's 2012 individual accounts net profit proposed by the Executive Board of Directors, amounting to €832,681,739.61, as follows: 

  Legal reserve………………………………………..€41,634,086.98
  Dividends*…………………………….............……€676,459,477.28
  Contribution to EDP's Foundation…................…....€7,200,000.00
  Retained earnings…………………….………......€107,388,175.35
(*which corresponds to a gross dividend of €0.185 per share)

3. A vote of confidence and praise to the Executive Board of Directors and to each of its members, to the General and Supervisory Board and to each of its members, and to the Statutory Auditor for the performance of their duties during the year 2012;

4. An authorization for the Executive Board of Directors to purchase and sell treasury stock for a period of 18 months;

5. An authorization for the Executive Board of Directors to purchase and sell own bonds for a period of 18 months;

6.  The statement of the Remuneration Committee of the General and Supervisory Board regarding the remuneration policy of the members of the Executive Board of Directors;

7.  The statement of the Remuneration Committee elected by the General Shareholders Meeting regarding the remuneration policy of the remaining members of the corporate bodies;

8.  Election of two members of the General and Supervisory Board for the current 2012-2014 term of office:

Augusto Carlos Serra Ventura Mateus
Nuno Manuel da Silva Amado

9.  Election of José Pedro Sucena Paiva as Chairman of the Environment and Sustainability Board for the current 2012-2014 term of office.

EDP – Energias de Portugal, S.A.