No. 18/2019 | 24-05-2019
Motions of the shareholder the State Treasury regarding PKN ORLEN Ordinary General Meeting convened for June 14th 2019
PKN ORLEN S.A. („Company”) informs that on 24 May 2019 to the Company there was delivered two motions of the shareholder the State Treasury:
• The first one submitted according to Article 401 par. 4 of the Commercial Companies Code, where the shareholder notified draft resolutions regarding the following point of the agenda of the Ordinary General Meeting of PKN ORLEN convened for June 14th 2019:
“Consideration of and voting on resolutions to amend the Company’s Articles of Association and to determine the consolidated text of the Articles of Association.”
“Consideration of and voting on resolutions to amend the Company’s Articles of Association and to determine the consolidated text of the Articles of Association.”
• The second one submitted according to Article 401 par. 1 of the Code of Commercial Companies and par. 7 item 4 point 3 of the Company’s Articles Association, to add to the agenda of the PKN ORLEN Ordinary General Meeting, convened for June 14th 2019, the following points after point 21: “Consideration of and voting on resolutions to amend the Company’s Articles of Association and to determine the consolidated text of the Articles of Association.”:
1. Consideration of and voting on a resolution on the terms of proceedings regarding conclusions of agreements on legal services, marketing services, public relations and public communication services and management advisory services and changes of these agreements and repealing the resolution no 34 of the Ordinary General Meeting of PKN ORLEN dated 30 June 2017 regarding terms of proceedings regarding conclusions of agreements on legal services, marketing services, public relations and public communication services and management advisory services and changes of these agreements
2. Consideration of and voting on a resolution on the terms of sale of fixed assets and repealing the resolution no 36 of the Ordinary General Meeting of PKN ORLEN dated 30 June 2017 regarding terms of sale of fixed assets.
3. Consideration of and voting on a resolution on the obligation of submission of representative expenditures statements, expenditures on legal services, marketing services, public relations and public communication services and management advisory services as well as best practices report and repealing the resolution no 37 of the Ordinary General Meeting of PKN ORLEN dated 30 June 2017 regarding the obligation of submission of representative expenditures statements, expenditures on legal services, marketing services, public relations and public communication services and management advisory services.
4. Consideration of and voting on a resolution to implement rules specified in the act on state asset management in companies towards which the Company is a parent entity and to repeal the resolution no 39 of the Ordinary General Meeting of PKN ORLEN S.A. dated 30 June 2017 regarding implementation of rules specified in the act on state asset management in companies towards which the Company is a parent entity.
5. Consideration of and voting on a resolution on rules of fixed assets management.
1. Consideration of and voting on a resolution on the terms of proceedings regarding conclusions of agreements on legal services, marketing services, public relations and public communication services and management advisory services and changes of these agreements and repealing the resolution no 34 of the Ordinary General Meeting of PKN ORLEN dated 30 June 2017 regarding terms of proceedings regarding conclusions of agreements on legal services, marketing services, public relations and public communication services and management advisory services and changes of these agreements
2. Consideration of and voting on a resolution on the terms of sale of fixed assets and repealing the resolution no 36 of the Ordinary General Meeting of PKN ORLEN dated 30 June 2017 regarding terms of sale of fixed assets.
3. Consideration of and voting on a resolution on the obligation of submission of representative expenditures statements, expenditures on legal services, marketing services, public relations and public communication services and management advisory services as well as best practices report and repealing the resolution no 37 of the Ordinary General Meeting of PKN ORLEN dated 30 June 2017 regarding the obligation of submission of representative expenditures statements, expenditures on legal services, marketing services, public relations and public communication services and management advisory services.
4. Consideration of and voting on a resolution to implement rules specified in the act on state asset management in companies towards which the Company is a parent entity and to repeal the resolution no 39 of the Ordinary General Meeting of PKN ORLEN S.A. dated 30 June 2017 regarding implementation of rules specified in the act on state asset management in companies towards which the Company is a parent entity.
5. Consideration of and voting on a resolution on rules of fixed assets management.
The motions of the Shareholder together with draft resolutions and justification for the them are attached hereto regulatory announcement in the Polish language version. English translation of these documents will be available at the Company’s website www.orlen.pl, tab: Investor relations/General Meetings as quickly as possible.
PKN ORLEN S.A. will publish the changed agenda of the Ordinary General Meeting immediately after the Company’s Management Board adopts the proper resolution.
All information regarding the Ordinary General Meeting is available at the Company’s website www.orlen.pl, tab: Investor relations/General Meetings.
See also: regulatory announcement no 14/2019 dated 14 May 2019, regulatory announcement no 16/2019 dated 20 May 2019, regulatory announcement no 17/2019 dated 22 May 2019.