Results of 2010 Annual Meeting of Vector Limited (26/10/10)
At the Annual Meeting of Vector Limited held in Auckland on Friday 22 October 2010, shareholders approved the following resolutions set out in the Notice of Meeting dated 28 September 2010:
Director Elections
- Mr Peter Bird was re-elected a director
- Mr Michael Stiassny was re-elected a director
- Mr Bob Thomson was re-elected a director.
Auditor re-appointment
The meeting recorded the automatic reappointment of KPMG as the Company’s auditor, and authorised the directors to fix the auditors remuneration for the ensuing year.
Directors’ remuneration increase
The meeting authorised an increase, with effect from 1 October 2010, in the monetary sum payable to the chairman of the board of directors of $9,900 plus GST (if any) per annum, from $180,000 plus GST (if any) per annum to $189,900 plus GST (if any) per annum; and an increase, with effect from 1 October 2010, in the monetary sum payable to each other director of the company of $4,950 plus GST (if any) per annum, from $90,000 plus GST (if any) per annum to $94,950 plus GST (if any) per annum.
Voting Details
Re-elect Peter Bird as a director:
For: 796,401,231
Against: 257,069
Total votes received: 796,658,300
Re-elect Michael Stiassny as a director:
For: 795,243,714
Against: 1,070,997
Total votes received: 796,314,711
Re-elect Bob Thomson as a director:
For: 796,343,718
Against: 311,217
Total votes received: 796,654,935
Record the automatic reappointment of KPMG as the Company’s auditor, and authorised the Directors to fix the auditors remuneration for the ensuing year:
For: 796,326,608
Against: 343,652
Total votes received: 796,670,260
Directors’ remuneration increase:
For: 779,498,816
Against: 16,832,181
Total votes received: 796,330,997
Re-elect Peter Bird as a director:
For: 796,401,231
Against: 257,069
Total votes received: 796,658,300
Re-elect Michael Stiassny as a director:
For: 795,243,714
Against: 1,070,997
Total votes received: 796,314,711
Re-elect Bob Thomson as a director:
For: 796,343,718
Against: 311,217
Total votes received: 796,654,935
Record the automatic reappointment of KPMG as the Company’s auditor, and authorised the Directors to fix the auditors remuneration for the ensuing year:
For: 796,326,608
Against: 343,652
Total votes received: 796,670,260
Directors’ remuneration increase:
For: 779,498,816
Against: 16,832,181
Total votes received: 796,330,997
Independent Directors
The following directors were identified at the Annual Meeting as Independent Directors: Mr Peter Bird, Mr Tony Carter, Mr Hugh Fletcher, Mr James Miller, Ms Alison Paterson, Mr Michael Stiassny and Mr Bob Thomson.
The following directors were identified at the Annual Meeting as Independent Directors: Mr Peter Bird, Mr Tony Carter, Mr Hugh Fletcher, Mr James Miller, Ms Alison Paterson, Mr Michael Stiassny and Mr Bob Thomson.
