bpost OGM on 9 May

bpost has announced that its Ordinary General Meeting that will be held on 9 May in Brussels.

The OGM will begin at 10am (Belgian time) at the BluePoint Brussels Conference & Business Centre.

In a statement issued today (6 April), bpost said:

“Next to the ordinary agenda items, the agenda includes changes to the composition of the Board of Directors and Joint Auditors:

• The mandate of Mr. Luc Lallemand, Mr. Laurent Levaux and Mrs. Caroline Ven expired on January 16, 2018. In the interest of bpost, in order to ensure the continuity of the Board of Directors of bpost, and in accordance with company law, they continue to carry out their functions until the Ordinary General Meeting.
  The Belgian State will exercise its nomination right under Article 21, §2 of the Articles of Association in view of the replacement of Mr. Luc Lallemand, Mr. Laurent Levaux and Mrs. Caroline Ven. The candidates proposed by the Belgian State will be communicated on bpost’s website (http://corporate.bpost.be/investors/shareholders-meetings/2018) prior to the Ordinary General Meeting. The Ordinary General Meeting will deliberate and resolve upon the appointment of the candidates proposed by the Belgian State.
• As from the Ordinary General Meeting, the mandate of Mr. Ray Stewart and Mr. Michael Stone will expire: upon recommendation of the Remuneration and Nomination Committee, the Board of Directors proposes to renew the mandate of Mr. Ray Stewart and Mr. Michael Stone as independent director for a term of four years.
• As from the Ordinary General Meeting, the mandate of Ernst & Young Bedrijfsrevisoren – Réviseurs d’Entreprises SC SCRL/BC CVBA (“Ernst & Young”) and PVMD Bedrijfsrevisoren – Réviseurs d’Entreprises SC SCRL/BC CVBA (“PVMD”) will expire: the Board of Directors proposes to renew the mandate of Ernst & Young and PVMD as Statutory Auditor for a renewable threeyear term.”