2020 Universal registration document and annual financial report - BNP PARIBAS 27
1Presentation of the BnP PariBas GrouP
1
BNP Paribas and its shareholders
SHAREHOLDERS ANNUAL GENERAL MEETING
The procedures for BNP Paribas Annual General Meetings are defined in article 18 of the Bank s Articles of association.
The Board of directors calls an Ordinary General Meeting at least once a year to vote on the agenda set by the Board.
The Board may call Extraordinary General Meeting for the purpose of amending the Articles of association, and especially to increase the Bank s share capital. Resolutions are adopted by a two-thirds majority of shareholders present or represented.
The combined Ordinary and Extraordinary General Meeting may be called in a single notice of meeting and held on the same date.
The Bank s last Annual General Meeting took place on 19 May 2020 on first notice. The text of the resolutions and the video of the meeting can be viewed on the BNP Paribas website, where the original live webcast was shown. The composition of the quorum and the results of the votes cast on resolutions were posted online the day after the meeting. A specific letter to shareholders included the minutes of this Meeting.
Following the publication of Order No. 2020-321 of 25 March 2020, adapting the rules, due to the Covid-19 pandemic, covering meetings and discussions at annual meetings and governing bodies of private law entities, the Annual General Meeting in 2020 was held without the physical presence of the shareholders.
The quorum broke down as follows:
➤ BREAKDOWN OF QUORUM
Number of shareholders (%) Shares (%)
Present - 0.00% - 0.00%
Appointment of proxy - 0.00% - 0.00%
Proxy given to Chairman 7,726 53.76% 16,240,773 1.87%
Postal votes 6,644 46.24% 850,713,016 98.13%
TOTAL 14,370 100.00% 866,953,789 100.00%
of which online 12,671 88.18% 289,933,058 33.44%
Quorum
Number of ordinary shares (excluding treasury stock) 1,248,477,854 69.44%
Of the 12,671 shareholders who took part in our last Annual General Meeting online:
■ 6,867 had given the Chairman a proxy;
■ 5,804 had voted by post.
All resolutions proposed to the shareholders were approved.
