SABIC submits agenda items for Clariant’s 26[th] Annual General Meeting
- Special dividend of CHF 2.00 per share proposed
- Time limit of 12 years for BoD members suggested
Muttenz, December 28, 2020 – Clariant, a focused, sustainable and innovative specialty chemical company, today announced that its major shareholder SABIC has submitted the following two items for the agenda of the 26th Annual General Meeting of shareholders which is currently scheduled to take place on April 7, 2021:
- Special dividend distribution to the shareholders of an amount of CHF 2.00 per share or such lower maximum amount as can lawfully be distributed to the shareholders pursuant to the Company’s audited statutory balance sheet as of December 31, 2020.
- Amendment of article 20 of the articles of association – introduction of a time limit of 12 years for members of the Board of Directors including the Chairperson.
The Board of Director will address these requests when preparing the Annual General Meeting 2021 and will define its position to these 2 agenda points.
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