Shareholder Influence.
Sustainability
General Meeting of Shareholders
Venza shareholders exercise their rights at the Annual General Meeting of Shareholders and the Extraordinary General Meeting of Shareholders. At least one General Meeting of Shareholders is held each year before 1 July.
The agenda of the Annual General Meeting of Shareholders must contain a number of items described in Venza Articles of Association or included in legislation, such as the adoption of the financial statements.
Extraordinary General Meetings of Shareholders are held at the request of the Executive Board, the Supervisory Board, or one or more shareholders and/or depositary receipt holders representing at least one-tenth of the issued capital.
Agenda topics requested in writing by one or more shareholders or depositary receipt holders who, individually or jointly, represent at least a one-hundredth part of the issued capital or whose shares and/or depositary receipts represent a market value, are included in the notice convening the meeting or announced in the same manner, provided that the request to do so is received no later than sixty days before the day of the meeting and no overriding interest of Venza prohibits their inclusion.
Annual General Meetings of Shareholders
Main powers of the Annual General Meeting of Shareholders
- Adopt the financial statements
- Approve dividend proposals
- Endorse the conduct of affairs by the members of the Executive Board
- Endorse the supervision thereof exercised by the members of the Supervisory Board
- Adopt remuneration policy relating to the members of the Executive Board
- Adopt remuneration policy relating to the members of the Supervisory Board
- Appoint, suspend and dismiss members of the Executive Board
- Appoint, suspend and dismiss members of the Supervisory Board
- Appoint the independent auditor
- Authorize the Executive Board to purchase own shares
- Issue shares and grant rights to acquire shares (option rights), or delegate this power to the Executive Board for a period of time
- Limit or exclude shareholders’ pre-emption rights when ordinary shares are issued, including granting option rights to acquire shares, or delegate this power to the Executive Board for a period of time.
- Approve decisions by the Executive Board concerning major changes in the identity or nature of Venza or its business.
- Pass resolutions on amending the Articles of Association, and dissolution, merger or division of Venza.
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Make an allegation
For the Ethics and Conduct Office Channel, anyone who feels affected by Venza due to a violation of the Code of Ethics, our values or did had problems resolved through our company’s service channels, can make an allegation.
We believe high standards of governance are critical to delivering on our strategy.
Capital Management
Our Capital Allocation Framework aims to maximise the potential value of every dollar we earn for our shareholders.
VENZA
About Our Business
Who we are
We move physical commodities from where they are plentiful to where they are most needed.
Sectors
We leading global supply chain manager of energy, power, oil, marketing, petrochemicals, mining and more.
Work with us
We value our people and encourage the development of talented and motivated employees.