Electro Power Systems: Voting Results of the General Meeting Held on 26 June 2018

PARIS--()--Regulatory News:

The General Meeting of Electro Power Systems S.A. («EPS») (Paris:EPS), technology pioneer in energy storage systems and microgrids, listed on the French-regulated market Euronext Paris (EPS:FP), was held on 26 June 2018 at 10 a.m. (Paris time).

The shareholders were convened to vote on the following resolutions:

  • Resolution n° 1: Approval of the individual financial statements of the Company for the financial year ended on 31 December 2017 and discharge to the members of the board of directors;
  • Resolution n° 2: Approval of the consolidated financial statements of the Company for the financial year ended on 31 December 2017;
  • Resolution n° 3: Allocation of the results of the financial year ended on 31 December 2017;
  • Resolution n° 4: Regulated agreements referred to under Articles L.225-38 et seq. of the French Commercial Code;
  • Resolution n° 5: Commitments referred to under Article L.225-42-1 of the French Commercial Code;
  • Resolution n° 6: Approval of the expenses and charges referred to under Article 39-4 of the French General Tax Code;
  • Resolution n° 7: Determination of the attendance fees;
  • Resolution n° 8: Ratification of the co-opting of a director: Mr. Jean Rappe;
  • Resolution n° 9: Ratification of the co-opting of a director: Mr. Massimo Prelz Oltramonti;
  • Resolution n° 10: Ratification of the co-opting of a director: Mrs Frédérique Dufresnoy;
  • Resolution n° 11: Ratification of the co-opting of a director: Mrs Anne Harvengt;
  • Resolution n° 12: Ratification of the co-opting of a director: Mrs Sophie Mertens-Stobbaerts;
  • Resolution n° 13: Ratification of the co-opting of a director: Mrs Audrey Robat;
  • Resolution n° 14: Ratification of the co-opting of a director: Mrs Sonia Levy-Odier;
  • Resolution n° 15: Ratification of the co-opting of a director: Mr. Carlalberto Guglielminotti;
  • Resolution n° 16: Renewal of a director: Mr. Jean Rappe;
  • Resolution n° 17: Renewal of a director: Mr. Carlalberto Guglielminotti;
  • Resolution n° 18: Renewal of a director: Mrs Anne Harvengt;
  • Resolution n° 19: Renewal of a director: Mrs Sophie Mertens-Stobbaerts;
  • Resolution n° 20: Appointment of a director: Mr. Massimo Prelz Oltramonti;
  • Resolution n° 21: Appointment of a director: Mrs Audrey Robat;
  • Resolution n° 22: Appointment of a director: Mr. Giuseppe Artizzu;
  • Resolution n° 23: Nomination d’un administrateur : Madame Sabrina Maggio;
  • Resolution n° 24: Appointment of a director: Mr. Antonio Volpin;
  • Resolution n° 25: Approval of the principles and criteria for determining, allocating and granting the fixed, variable and extraordinary components of overall compensation and benefits of all kind that may be granted to the Chairman of the board of directors for the 2018 financial year;
  • Resolution n° 26: Approval of the principles and criteria for determining, allocating and granting the fixed, variable and extraordinary components of overall compensation and benefits of all kind that may be granted to the Chief executive officer for the 2018 financial year;
  • Resolution n° 27: Approval of the amendment of the principles and criteria for determining, allocating and granting the fixed, variable and extraordinary components of overall compensation and benefits of all kind that may be granted to the Chief executive officer for the 2017 financial year;
  • Resolution n° 28: Approval of the fixed, variable and extraordinary components of overall compensation and benefits of all kind granted to the Chairman of the board of directors for the 2017 financial year;
  • Resolution n° 29: Approval of the fixed, variable and extraordinary components of overall compensation and benefits of all kind granted to the Chief executive officer for the 2017 financial;
  • Resolution n° 30: Ratification of the transfer of the registered office;
  • Resolution n° 31: Authorisation to be given to the board of directors for the purchase by the Company of its own shares;
  • Resolution n° 32: Delegation of authority to the board of directors for the purpose of reducing the share capital through share cancellation as part of the authorization to purchase its own shares;
  • Resolution n° 33: Delegation of authority to the board of directors for the purpose of increasing the share capital by issuing ordinary shares or securities giving access to share capital with preferential subscription rights;
  • Resolution n° 34: Delegation of authority to the board of directors for the purpose of increasing the share capital by issuing ordinary shares or securities giving access to share capital without preferential subscription rights;
  • Resolution n° 35: Delegation of authority to the board of directors for the purpose of increasing the share capital by issuing ordinary shares or securities giving access to share capital without preferential subscription rights, by way of a private placement;
  • Resolution n° 36: Delegation of authority to the board of directors in the event of an issuance of ordinary shares or securities giving access to share capital without preferential subscription rights in order to set the subscription price, within the limit of 10% of the share capital per year;
  • Resolution n° 37: Authorisation to increase the number of securities to be issued with or without preferential subscription rights in the event of excess requests;
  • Resolution n° 38: Delegation of authority to the board of directors to increase the share capital by issuing ordinary shares or securities giving access to share capital, up to the limit of 10% of the share capital per year, in order to remunerate contributions in kind made to the Company, outside of a public exchange offer;
  • Resolution n° 39: Delegation of authority to the board of directors to increase the share capital by issuing ordinary shares or securities giving access to share capital, in the event of a public exchange offer initiated by the Company;
  • Resolution n° 40: Delegation of authority to the board of directors to increase the share capital by incorporation of reserves, profits or issuance premiums, merger or contributions premiums or any other amounts likely to be capitalised;
  • Resolution n° 41: Overall limitation of authorisations;
  • Resolution n° 42: Delegation of powers to the board of directors to increase the share capital reserved for employees who are members of a company savings plan without preferential subscription rights;
  • Resolution n° 43 : Amendment to Article 14 “Board of Directors” of the Articles of Association of the Company in order to remove the obligation for Directors to hold shares of the Company;
  • Resolution n° 44: Amendment to Article 23 “Auditors” of the Articles of Association of the Company in order to remove the obligation to appoint one or more alternate auditors;
  • Resolution n° 45: Powers for formalities.

The shareholders’ attendance was as follows:

     
Total number of shares   9 575 145
Total number of shareholders present, represented or voting by correspondence   12
Total number of voting rights expressed by the shareholders present, represented or voting by correspondence   6 493 118

Thus, the quorum reached was of 57.748%.

The results of the vote are as follows:

                                   
Resolution     Outcome       Votes «in favour»       Votes «against»       Abstention
Resolution n° 1     Approved       6 488 227       99,92 %       0       0 %       4 891       0,08 %
Resolution n° 2     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 3     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 4     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 5     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 6     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 7     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 8     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 9     Approved       6 216 712       95,74 %       276 406       4,26 %       0       0 %
Resolution n° 10     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 11     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 12     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 13     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 14     Approved       6 216 712       95,74 %       276 406       4,26 %       0       0 %
Resolution n° 15     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 16     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 17     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 18     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 19     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 20     Approved       6 216 712       95,74 %       276 406       4,26 %       0       0 %
Resolution n° 21     Approved       6 355 817       97,89 %       137 301       2,11 %       0       0 %
Resolution n° 22     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 23     Approved       6 216 712       95,74 %       276 406       4,26 %       0       0 %
Resolution n° 24     Approved       6 216 712       95,74 %       276 406       4,26 %       0       0 %
Resolution n° 25     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 26     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 27     Approved       6 354 950       97,87 %       138 168       2,13 %       0       0 %
Resolution n° 28     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 29     Approved       6 354 950       97,87 %       138 168       2,13 %       0       0 %
Resolution n° 30     Cancelled       N.A.       N.A.       N.A.       N.A.       N.A.       N.A.
Resolution n° 31     Approved       6 332 950       97,53 %       22 000       0,34 %       0       0 %
Resolution n° 32     Approved       6 471 118       99,66 %       0       0 %       0       0 %
Resolution n° 33     Approved       6 354 950       97,87 %       138 168       2,13 %       0       0 %
Resolution n° 34     Approved       5 918 874       91,16 %       574 244       8,84 %       0       0 %
Resolution n° 35     Approved       5 918 874       91,16 %       574 169       8,84 %       75       <0,01 %
Resolution n° 36     Approved       5 918 874       91,16 %       574 244       8,84 %       0       0 %
Resolution n° 37     Approved       5 918 874       91,16 %       574 169       8,84 %       75       <0,01 %
Resolution n° 38     Approved       6 354 950       97,87 %       138 168       2,13 %       0       0 %
Resolution n° 39     Approved       5 923 845       91,23 %       569 273       8,77 %       0       0 %
Resolution n° 40     Approved       6 354 950       97,87 %       138 168       2,13 %       0       0 %
Resolution n° 41     Approved       6 471 118       99,66 %       22 000       0,34 %       0       0 %
Resolution n° 42     Rejected       945 375       14,56 %       5 547 743       85,44 %       0       0 %
Resolution n° 43     Approved       6 218 147       95,77 %       274 971       4,23 %       0       0 %
Resolution n° 44     Approved       6 493 118       100 %       0       0 %       0       0 %
Resolution n° 45     Approved       6 493 118       100 %       0       0 %       0       0 %

ABOUT EPS

Electro Power Systems (EPS) operates in the sustainable energy sector, specializing in storage solutions and microgrids that enable intermittent renewable sources to be transformed into a stable power source. Listed on the French-regulated market Euronext (EPS:FP), EPS is part of the ENGIE group and is listed in the CAC® Mid & Small and the CAC® All-Tradable indices. Its registered office is in Paris and conducts its research, development and manufacturing in Italy. Thanks to technology covered by 130 patents and applications, combined with more than 10 years of R&D, the Group develops utility scale energy storage systems to stabilize electrical grids that are heavily penetrated by renewable sources in developed countries and microgrids in emerging economies to power off-grid areas at a lower cost than fossil fuels. As of 31 December 2017, EPS has installed and has under commissioning an aggregate of 48 large scale projects, including off-grid hybrid systems powered by renewables and energy storage that provides energy to over 165,000 customers every day, with a total capacity output of 47MWh systems in 21 countries worldwide, including Europe, Latin America, Asia and Africa.

Contacts

Relations presse EPS:
Image Building
Eps@imagebuilding.it
or
Relations investisseurs EPS:
Francesca Cocco
francesca.cocco@eps-mail.com

Contacts

Relations presse EPS:
Image Building
Eps@imagebuilding.it
or
Relations investisseurs EPS:
Francesca Cocco
francesca.cocco@eps-mail.com