Accor

Shareholders Meetings are major events in the life of your Company, because they offer an opportunity for you to come together at least once a year and cast your vote on important issues. Under French law, Shareholders Meetings can be either: Ordinary Meetings, which correspond to Annual Meetings in the United States and the United Kingdom. At thes... e Meetings, which must be held within six months after the end of the fiscal year (December 31, in the case of Accor), management presents detailed information on the Companys business performance and financial results for the year, while shareholders are asked to approve the financial statements, set the dividend and, periodically, elect or re-elect directors and appoint or re-appoint the Companys statutory auditors. Extraordinary Meetings, which correspond to Special Meetings in the United States and the United Kingdom. These Meetings can be called at any time to enable shareholders to vote on such issues as changes in the Companys by-laws or authorizations to issue new shares. Combined Ordinary and Extraordinary Meetings, held on the same day, which generally correspond to the Annual General Meeting of Shareholders. This is often the form used by Accor. Shareholders are eligible to vote at the Shareholders Meeting provided that their shares have been recorded in their name in the Companys share register or in a securities account kept by an accredited bank or broker no later than the second business day preceding the date of the Meeting, which is the record date. The date of the Shareholders' Meeting is announced several weeks in advance via financial notices published in the French business press, the Shareholders' Calendar on this website and the Bulletin des Annonces Légales Obligatoires (BALO). If your Accor shares are registered, you will be sent proxy documents at least two weeks ahead of time. These include all of the documents you need to make an informed decision on how to vote, such as an overview of the Companys business and financial position, summary ...Read More