USB: AGM decisions
9/7/2009 10:01
We wish to inform you that the Annual General Meeting held on 8/7/2009 at the Hilton Park Hotel at 5.30 pm was attended by 76.14% of the share capital of the bank (in person and via proxies):
The AGM decided the following:
- Approved the Annual Accounts, the Directors’ Report, the Auditors’ Report and the Remuneration Policy Annual Report for the year ended 31.12.2008.
- Decided that the remuneration of the Board members remains the same.
- Reappointed Ernst & Young Chartered Accountants as independent auditors and authorized the Board of Directors to set their remuneration.
- Reelected Messrs. Michalis Kleopas, Giorgos Stylianou, Cleanthis Demosthenous as well as Messrs. Andreas Theodorides, Despo Polycarpou, Filippos Filis and Marios Channides who had been appointed during the year, as Board members.
Then, the Board of Directors held a meeting and reelected unanimously Mr. Pavlos Savvides as Chairman.
The AGM decided the following:
- Approved the Annual Accounts, the Directors’ Report, the Auditors’ Report and the Remuneration Policy Annual Report for the year ended 31.12.2008.
- Decided that the remuneration of the Board members remains the same.
- Reappointed Ernst & Young Chartered Accountants as independent auditors and authorized the Board of Directors to set their remuneration.
- Reelected Messrs. Michalis Kleopas, Giorgos Stylianou, Cleanthis Demosthenous as well as Messrs. Andreas Theodorides, Despo Polycarpou, Filippos Filis and Marios Channides who had been appointed during the year, as Board members.
Then, the Board of Directors held a meeting and reelected unanimously Mr. Pavlos Savvides as Chairman.
