52/2010
The Management Board of Boryszew S.A., basing on article 399 § 1 and 4021 § 1, 2 of the Commercial Companies Code and § 13 passage 1 of the Company Articles, calls for August 17th, 2010 , at 12.00, in the seat of Impexmetal S.A. in Warsaw, 7/9 Łucka street, the Extraordinary General Meeting with the following agenda:
1. Opening of the Extraordinary General Meeting,
2. Election of the Chairman of the Meeting,
3. Stating the rightness of calling of the Ordinary General Meeting and its abilities for taking resolutions,
4. Approving of the agenda of General Meeting,
5. Election of Scrutiny Committee,
6. Taking resolution on changes in the Company’s Statute,
7. Taking resolution on expressing an agreement to dispose a real estate,
8. Taking resolution on changes in the Supervisory Board,
9. Closing the meeting.
The right to participate in the Extraordinary General Meeting.
The right to participate in the EGM belongs to the shareholders of the Company as of 16 days before the date of the EGM, e.g. on August 1st, 2010.
The right to demand to place issues in the agenda of the Extraordinary General Meeting.
Shareholder or shareholders representing at least 1/20 of share capital may demand placing issues in the agenda of Extraordinary General Meeting. Such demand should be placed to the Management Board not later than 21 days before the date of the Meeting, e.g. to July 27th, 2010. Demand should included justification or draft of resolution concerning the proposed point of the agenda. The Management Board immediately, but not later than 18 days before the date of the Meeting, e.g to July 30th, 2010 has announced changes in the agenda, introduced on demand of shareholders. Changes are announced in a way appropriated for calling the General Meeting. The demands should be sent either to the seat of the Company or electronically to the address: m.goczynska@impexmetal.com.pl. Documents confirmed the right to notify demand must be enclosed to such demand.
The right to notify drafts of resolutions concerning issues introduced to agenda or issues, which are to be introduced to the agenda before the date of the General Meeting.
Shareholder or shareholders of the Company representing at least 1/20 of share capital of the Company may before the date of the Extraordinary General Meeting notify to the Company in writing or electronically drafts of resolutions concerning issues introduced to the agenda of the Extraordinary General Meeting or issues, which are to be introduced to the agenda .
The Company immediately announces the drafts of resolutions on the web site of the Company. Drafts of resolutions together with their justifications should be sent either to the seat of the Company or electronically to the address: m.goczynska@impexmetal.com.pl.
The right to notify drafts of resolutions concerning issues introduced to the agenda during the General Meeting.
Each of shareholders may during the General Meeting notifies drafts of resolutions concerning issues introduced to the agenda. Shareholder also has the right to notify proposals, changes and supplements to the resolutions’ drafts covered by the agenda of the Extraordinary General Meeting – till the end of discussion over the appriopriated point of agenda.
The above mentioned proposals together with a short justification should be placed in writing – separately for each draft of resolution – stating name and family name or company of shareholder, to the hands or the Chairman of the General Meeting.
Execution the right of vote through proxy.
1. According to the art. 412 of the Commercial Companies Code shareholders may participate in the General Meeting of Boryszew S.A. and execute the right of vote personally or through proxy. Proxy should be granted either in writing or electronically. Proxies of legal persons should present actual copy from court registries, naming persons entitled to represent of such persons. Persons not mentioned in the above mentioned copy should have proxy signed by persons authorized to represent this legal person.
2. Proxy to participate in the General Meeting of the Company and execute the right of vote may be granted electronically. Granting proxy electronically does not require to sign the secure electronically signature verified by certified valid certificate. Proxy granted electronically should identify the shareholder or proxy.
3. Proxy granted electronically should be sent to the address: m.goczynska@impexmetal.com.pl at the latest to the time of starting the General Meeting.
4. The electronic proxy should be created in the separate document signed by shareholder or person authorized to represent shareholder and it should be sent as enclosure to the e-mail addresses pointed in point 3 above.
Documents confirming the right of the shareholder to participate in the General Meeting must be sent obligatory together with the electronic proxy. Proxy must show its proxy when the present list is made.
5. If the proxy on the General Meeting of Boryszew S.A. is the member of the Management Board, member of the Supervisory Board or the employee of the Company, the proxy may authorize to represent only on the Extraordinary General Meeting on that day. Proxy must reveal to shareholder circumstances showing the existing or possibility of existing of the conflict of interest. Granting further proxy is excluded. Proxy votes according to instructions given by shareholder.
The whole text of documentation, which will be presented to the Extraordinary General Meeting and drafts of resolutions with justification of the Management Board and the Supervisory Board of the Company concerning issues introduced to the agenda or issues which are to be introduced to the agenda before the date of the General Meeting is placed from the day of calling of the Extraordinary General Meeting on the web site of the Company (www.ir.boryszew.com.pl). These documents are immediately up-dated in case of introducing changed according to the rules of Commercial Companies Code.
Person entitled to participate in the extraordinary general Meeting can get the copies of above mentioned documents in the seat of the Company.
The list of shareholders entitled to participate in EGM will be presented in the seat of the company during 3 week-days before the GM.
The shareholder may demand to send him the list of shareholders electronically, giving e-mail address, to which the list should be sent.
The shareholders are requested to check if they have been placed on the list of shareholders entitled to participate in the General Meeting.
The Company’s Statute does not provide the possibility of participating in the General Meeting by means of electronic way of communications and the Regulations of the General Meeting does not provide voting on the Meeting by means of correspondence.
The risk connected with the electronic way of communication, particularly sending demand of placing issues in the agenda of the Extraordinary General Meeting, putting the drafts of resolutions concerning issues introduced to the agenda or issue, which are to be introduced to the agenda before the date of the General Meeting and the notification of the Company to execute proxy on the e-mail address pointed in this notification is on the shareholder’s side.
The list of shareholders entitled to participate in the General Meeting will be presented in 7/9 Łucka street, Warsaw between 10 a.m. and 4 p.m. between August 12th – 13th, 2010 and on August 16th, 2010.
Persons entitled to participate in the General Meeting are asked to register and take vote cards at the entrance of the session’s hall, one hour before the Meeting.
Issues not covered by this notification are subject of rules of the Commercial Companies Code and the Company’s Statute.
In connection with the plan to change the Company’s Statute we place below the present articles and the proposed changes:
I. § 4 passage 1 of the Company’s Statute has been completed of the following kinds of activity::
22.11 Z Production of rubber tyres and air-chambers: recapping and regeneration of rubber tyres
22.19.Z Production of other rubber goods,
24.20.Z Production of steel tubes, conductors, finished sections and connectors
25.93.Z Production of goods of wire, chains and springs
27.33 Z Production of installations equipment
27.90 Z Production of other electrical equipment
29.31.Z Production of electrical and electronics outfit for engine vehicle
29.32.Z Production of other parts and accessories for engine vehicles, excluding motor-cycles
32.99 Z Production of other goods, otherwise not classified
45.32.Z Retail sale of parts and accessories for cars, excluding motor-cycles.
II. § 11 passage 6 of the Company’s Statute – existing wording:
“Two Management Board Member acting jointly or one Management Board Member and a proxy may make declarations of will and sign on behalf of the Company. If the Management Board consists of one person, the President of the Management Board is authorised to make declarations of will and to sign on behalf of the Company single-handedly”
§ 11 passage 6 of the Company’s Statute – proposed change:
“Chairman of the Management Board or two Management Boards members acting jointly or one Management Board Member and a proxy may make declarations of will and sign on behalf of the Company”.
III. In the decision of § 12 passage 11 point 9 in place of cancelled letter d) a letter d) with the following wording is added:
“acquisition of rights or incurring liabilities, which value exceed 5 (five) million PLN, if, as a result of these activities the Company is to buy fixed assets (in tax rules interpretation)”.
IV. In the decision of § 13, passage 9 has been cancelled.
Signatures:
Małgorzata Iwanejko – Chairman of the Management Board