East Group approves 2024 resolutions at annual meeting
The meeting, held both in person and via online voting on May 20, 2025, saw participation representing 58.6711% of the company's voting shares. Shareholders approved the 2024 annual reports from the Board and Supervisory Committee with over 99% support. The 2024 financial statements and profit distribution plan also passed with similar high approval rates. East Group secured authorization to apply for credit facilities from banks and non-bank financial institutions, and to engage in foreign exchange hedging activities. Related party transactions were addressed, and directors' remuneration packages were approved. Resolutions regarding director and officer liability insurance were also passed, with associated parties abstaining from votes where appropriate. Legal counsel validated the meeting's proceedings and resolutions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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