Annual Shareholders' Meeting Announcement | 2017
The Chief Executive Officer of ISA invites to the Regular Shareholders' Meeting to be held on friday, March 31, 2017 at 9:00 a.m. at Salon Antioquia in the Intercontinental Hotel, located at Variante Las Palmas, Calle 16 No. 28-51, Medellin.
The following agenda will be considered at the ANNUAL SHAREHOLDERS' MEETING:
Quorum sensing.
Approval of the agenda.
- Election of the Chairman of the Shareholders' Meeting.
- Report of the Secretary of the Shareholders' Meeting regarding the approval of minute 106 of March 31, 2016.
- Election of the Commission for the approval of the minute and scrutiny.
- Welcome remarks from the Chairman of the Board of Directors and reading of the Report on the Board of Directors operation and Corporate Governance Report.
- Reading and approval of 2016 Management Report.
- Reading and presentation of the Individual and Consolidated Financial Statements of ISA as of December 31, 2016.
- Reading of the External Auditor opinion.
- Approval of the Individual and Consolidated Financial Statements of ISA as of December 31, 2016.
- Approval of the proposal of distribution of 2016 profits, dividends and creation of equity reserves.
- Election of the External Auditor and setting of fees.
- Election of the Board of Directors.
- Reading and approval of the Board of Directors Remuneration Policy.
- Approval of Board of Directors members fees for the April 2017 -March 2018 period.
- Change of use of the share repurchase reserve to equity reserve.
- Other or propositions of the shareholders.
So as to the exercise of the right of inspection, documentation required by law will be available to shareholders from March 9, 2017 at ISA's main offices in Medellin, Antioquia, at Calle 12 Sur No. 18-168, Building 1, 1st Floor, Room 1, from 7:45 a.m. to 12:00 p.m. and from 2:00 p.m. to 4:45 p.m.
Shareholders unable to attend the meeting are required to appoint their proxies in a timely manner by duly granted powers of attorney. Proxies may not be granted to the Company´s administrators or employees. Legal requirements for powers of attorney, unauthorized practices and power of attorney templates will be available for shareholders reference on ISA’s website www.isa.co.
The meeting will be broadcast live on the company´s web site.
Shareholders registration will take place on the day of the meeting from 7:00 a.m. onwards. Shareholders are kindly required to be on time for the meeting.
BERNARDO VARGAS GIBSONE
Chief Executive Officer