The Management Board of Coop Pank AS (registry code10237832, address Narva mnt 4, Tallinn, Estonia, 15014; hereinafter the Company) calls the annual general meeting of Company�s shareholders on 14 April 2021 at 13:00 (Estonian time) held at Tallinna Ülikool conference room Maximum (Narva mnt 29, Tallinn, Estonia).
According to the resolution of Companys Supervisory Board, dated 17 March 2021, the agenda of Companys annual general meeting of shareholders with the proposals of Companys Management Board and Supervisory Board to be adopted are as follows (whereas the Supervisory Board has proposed to vote for the submitted draft decisions of each item that requires voting in the agenda):
To approve the consolidated Annual Report 2020 of Coop Pank AS, as submitted to the general meeting.
To approve the proposal of the Management Board for allocating the net profit of Coop Pank AS in the amount of 7 259 thousand euros as follows:
Ardo Hillar Hansson, a member of the Cupervisory Board, has submitted his resignation to Coop Pank AS. The last day of the term of office of Ardo Hillar Hansson as a member of the Supervisory Board is 14.04.2021.
To elect Viljar Arakas as a new member of the Supervisory Board of Coop Pank AS, with authority as of the date of this decision for a term of 3 (three) years.
Overview by the Chairman of the Management Board on the business environment and on the financial results for the first two months of the Company.
The circle of shareholders entitled to participate in the general meeting is determined as of 7 days prior to the general meeting, i.e. at the end of the working day of the Nasdaq CSD Estonian settlement system on 07 April 2021. Registration of participants will start an hour before the beginning of the meeting, i.e. at 12:00. We ask the shareholders and their representatives to arrive in good time, taking into account the time required to register the participants.
For participating in the general meeting:
The shareholder may notify the Company of the appointment of a representative and the revocation of the proxy by sending the documents to Companys e-mail address info@cooppank.ee or take the above documents to the Companys office at Narva mnt 4, Tallinn 4th floor, weekdays between 9:00 am 5:00 pm no later than 12 April 2021 at 17:00 (Estonian time). The authorisation document templates are available on the Company´s website at https://www.cooppank.ee/en/announcements.
In connection with the spread of the coronavirus causing COVID-19 disease, the management board of the Company urges the shareholders to appoint Margus Rink, CEO of the Company, as a representative to vote at the general meeting, using the templates available at the Companys website https://www.cooppank.ee/en/announcements, and not to participate in the general meeting in person.
The management board affirms that the necessary measures are taken at the venue of the general meeting to protect the participants to minimise the possibility of the spread of the coronavirus and that the necessary disinfection and personal protective equipment is available at the venue of the meeting. If necessary, the measures to be implemented will be supplemented in accordance with the situation prevailing at the time of the general meeting and possible social restrictions.
Documents, concerning the general meeting, draft decisions of the general meeting and other documents submitted to the general meeting pursuant to law (incl. the notice of calling the general meeting, draft decisions, Annual Report 2020 of the Company and report of the supervisory board), as well as other information subject to disclosure, are available for examination on the Company´s website https://www.cooppank.ee/en/announcements as well as on prior notice beginning from the notification of the general meeting until the day of the general meeting at Companys headquarters in Tallinn, Narva mnt 4 on working days from 9:00 am till 5:00 pm. Please contact us in advance at info@cooppank.ee to request access to the documents.
Shareholders, whose shares represent at least 1/20 of the share capital of the Company, may demand the inclusion of additional items on the agenda of the annual general meeting, if the corresponding request is filed in writing at least 15 days prior to the general meeting, i.e. at the latest by 23:59 on 30 March 2021, at the e-mail address info@cooppank.ee or to the Company’s location at Narva mnt 4,Tallinn. A draft decision or rationale must be submitted at the same time as the proposal to supplement the agenda.
Shareholders, whose shares represent at least 1/20 of the share capital of the Company, may submit to the Company in writing a draft resolution on each agenda item, by posting the draft to the e-mail address info@cooppank.ee or to the Company’s location at Narva mnt 4, Tallinn. The draft must be submitted in electronic form or by post so that it would be delivered to and received by the Company no later than 3 days before the general meeting, i.e. by 23:59 on 11 March 2021 at the latest.
At the general meeting, shareholders are entitled to receive information on the activities of the company from the management board. Management board may refuse to provide information if there are reasonable grounds for assuming that it may cause significant damage to the interests of the company. In case the board refuses to provide information, the shareholder may require the general meeting to decide on the lawfulness of the request or to submit within two weeks an application to the court in petition proceedings, to oblige the management board to disclose information.
Questions on other organisational issues of the general meeting are expected on the phone +372 669 0900 on working days or at e-mail address info@cooppank.ee.
Sincerely
Magus Rink
Chairman of the Management Board
Coop Pank AS
Announcement sent by:
Kristjan Seema
Head of Marketing & Communication
Tel: +372 5505 253
e-mail: kristjan.seema@cooppank.ee
TAIPEI, TAIWAN - Media OutReach Newswire - 23 December 2024 – The 2024 Christmasland in…
Hungarian-based technology leader underscores its commitment to education, sustainability, and innovation SINGAPORE - Media OutReach…
BANGKOK, THAILAND - Media OutReach Newswire – 23 December 2024 - At the ACES Awards…
HONG KONG SAR - Media OutReach Newswire - 22 December 2024 - On December 20th,…
HONG KONG SAR - Media OutReach Newswire - 20 December 2024 - The "Immersive Hong…
HONG KONG SAR - Media OutReach Newswire - 20 December 2024 - The first baijiu…