2019 Universal registration document and annual financial report - BNP PARIBAS26
1 Presentation 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 Shareholders Meeting at least once a year to vote on the agenda set by the Board.
The Board may call Extraordinary Shareholders Meetings 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 Ordinary and Extraordinary General Meeting took place on 23 May 2019 on first notice. The text of the resolutions and the video of the meeting can be viewed on the BNP Paribas website, which is 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. The meeting was also covered by publications in the specialist press and a specific letter was sent to shareholders summarising the meeting.
The quorum broke down as follows:
➤ BREAKDOWN OF QUORUM
Number of shareholders (%) Equities (%)
Present 1,413 10.32% 148,282,911 18.58%
Appointment of proxy 479 3.50% 228,913 0.03%
Proxy given to Chairman 6,608 48.27% 3,448,689 0.43%
Postal votes 5,189 37.91% 646,204,657 80.96%
TOTAL 13,689 100.00% 798,165,170 100.00%
of which online 10,109 73.85% 263,432,921 33.00%
Quorum
Number of ordinary shares (excluding treasury stock) 1,248,641,821 63.92%
Of the 10,109 shareholders who took part in our last Annual General Meeting online:
■ 459 had requested an admission card;
■ 5,324 had given the Chairman a proxy;
■ 450 had given a third party (who, by law, must also be a shareholder) a mandate/proxy;
■ 3,876 had voted by post.
All resolutions proposed to the shareholders were approved.
