Powers

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 Management 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 appointment of Management Board members
  • 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