General Assembly of the Shareholders of MONBAT AD for 2023
Corporate
With regard to the regular session of the General Assembly of the Shareholders of MONBAT AD, held on 29.06.2023, we would like to announce the following important resolutions approved by the shareholders, namely:
1. The General Assembly of Shareholders adopted the Report for the implementation of the Remuneration Policy of the members of the Board of Directors of Monbat AD for 2022. The report is available at https://www.monbatgroup.com
2. The General Assembly of Shareholders approved a decision for distribution of the reported company’s profit for 2022 and a part of the non-distributed profit from previous years reported as retained-earnings, namely: The company’s profit after taxes reported for the year 2022 in amount of BGN 1 219 498.73 together with a part of non-distributed profit from previous years reported as retained-earnings in amount of BGN 2 780 501.27 to be distributed as a dividend to the shareholders, so the total dividend amount is BGN 4 000 000. The right to dividend shall vest in the persons recorded in the central securities register as persons entitled to dividend on the 14th day after the day of the general meeting where at the annual, financial statements were adopted and a resolution on distribution of profit was passed. The General Assembly of Shareholders authorizes the Board of Directors of the company to undertake all necessary legal and factual activities related to the dividend payment to the shareholders. The approved bank for dividend distribution for the shareholders from register A by the Central Register – Central Depository – Unicredit Bulbank AD.
3.The General Assembly of Shareholders released from responsibility the members of the Board of Directors for their activities during 2022.
4. The General Assembly of Shareholders approved a resolution for changes of the Board of Directors, namely the General Assembly of Shareholders releases from his position as members of the Board of Directors of Monbat AD Florian Huth.
5. The General Assembly of Shareholders approved a resolution for chances of the Article of the Association of the company.