Powers of the shareholders
The main powers of Nuon Energy's General Meeting of Shareholders are:
- The adoption of the financial statements and the dividend
- Endorsing the management board’s conduct of the company’s affairs
- Endorsing the supervisory board’s supervision of the supervisory board
- The adoption of the management board’s remuneration policy
- The adoption of the supervisory board’s remuneration
- The appointment of supervisory board members on a motion of the supervisory board
- The right to make recommendations concerning the nomination of members of the supervisory board
- The approval of important board resolutions including those that significantly affect the identity or character of the company
- The issuance of shares on a motion of the management board approved by the supervisory board
- To authorise the management board to buy nuon’s own shares
- To pass a motion of no confidence in the entire supervisory board
- To appoint an external auditor to audit the financial statements
- To alter the articles of association, approve a dissolution, merger or split off on a motion of the management board that has been approved by the supervisory board