Submission of resolutions to a general meeting of shareholders – Advice to shareholders of a listed company

The addition by shareholders of a resolution to the agenda requires meeting certain conditions and strict compliance with official procedures and legal deadlines.

When several shareholders are involved, precautionary measures must be taken to ensure that there is no concerted action (action de concert) vis-à-vis the company.

In the context of shareholder dialogue, prior discussions with the company to discuss alternative solutions proposed by the shareholders wishing to add a resolution to the agenda of the general meeting of shareholders.

Drafting of the required documentation and monitoring of deadlines and conditions to ensure that the addition of such resolution to the agenda of the general meeting of shareholders complies with all legal requirements.

Practical application of shareholders’ right and shareholder democracy in order to weigh on corporate governance and strategic decisions.

Constructive dialogue between shareholders and companies to encourage listed companies to initiate or improve their social, environmental and corporate governance practices.