At the hybrid meeting of Stichting Administratiekantoor Aandelen Triodos Bank (SAAT), 340 depository receipt holders were present, 969 depository receipt holders granted a proxy before the meeting, representing 685.561 votes in total, 4,83% of the total voting capital. A large majority of these depository receipt holders voted for the proposed changes (see full overview of voting).
The agenda included:
A proposal to amend the Terms of Administration of SAAT and authorisation to execute the deed of amendment (voting item)
A proposal to amend the Articles of Association of SAAT and authorisation to execute the deed of amendment (voting item)
A binding consultation on SAAT's voting policy (voting item)
The appointment of Jolande Sap as member of the board of SAAT (voting item)
The future of SAAT (discussion item)
The proposed modernisation of SAAT's governance is an extensively considered and widely discussed step towards a more appropriate relationship between SAAT, Triodos Bank and depository receipt holders that is in everyone's interest. SAAT believes that the proposals for SAAT’s modernisation will benefit depository receipt holders and Triodos Bank alike as the Bank works to list DRs on Euronext Amsterdam.
Further details of this meeting can be found on SAAT's website: Depository receipt holders’ meetings (saatfoundation.com)