CFM INDOSUEZ Wealth Management - 2019 annual report

draft resolutions submitted to the annual general meeting first resolution : approval of the separate financial statements The Annual General Meeting, having heard the reports of the Board of Directors and the Statutory Auditors, approves the separate financial statements for the year ending on 31 December 2019 as presented, and the management of the company as described in the reports and the financial statements. Consequently, the Annual General Meeting grants full discharge to members of the Board of Directors for the performance of their duties during the year ended 31 December 2019. second resolution : approval of the consolidated financial statements The Annual General Meeting, having heard the reports of the Board of Directors and the Statutory Auditors, approves the consolidated financial statements for the year ending on 31 December 2019 as presented, and the management of the company as described in the reports and the financial statements. Consequently, the Annual General Meeting grants full discharge to members of the Board of Directors for the performance of their duties during the year ended 31 December 2019. third resolution : appropriation of income Based on the proposal by the Board of Directors, the Annual General Meeting decides to allocate the profit for the year as follows: The total amount to be recorded in retained earnings comes to € 217,551,630. fourth resolution The Annual General Meeting approves the amount of the fees paid to the Statutory Auditors as shown in expenses for the financial year. fif th resolution The Annual General Meeting authorises the Board of Directors to pay an interim dividend for 2020 on the basis of a balance sheet that has been duly certified by the Company’s Statutory Auditors before the end of the financial year, if the Board considers it appropriate. sixth resolution The Annual General Meeting ratifies the appointment as director of Pierre Masclet, who was co-opted by the Board of Directors at its meeting on 12 December 2019 to replace Jacques Prost for the remainder of his term of office, i.e. until the end of the Annual General Meeting called in 2021 to approve the financial statements for 2020. seventh resolution The Annual General Meeting ratifies the appointment as director of Eric Vial, who was co-opted by the Board of Directors on 12 March 2020, for a period of three years. Eric Vial’s term of office will expire at the end of the Annual General Meeting called to vote in 2024 on the financial statements for 2023. eighth resolution The Annual General Meeting ratifies the appointment as director of Bertrand Corbeau, who was co-opted by the Board of Directors on 12 March 2020, for a period of three years. Bertrand Corbeau’s term of office will expire at the end of the Annual General Meeting called to vote in 2024 on the financial statements for 2023. ninth resolution The Annual General Meeting appoints the following Statutory Auditors for the 2020, 2021 and 2022 financial years: Permanent Statutory Auditors: Didier Mekies (PWC) and François Brych (Mazars) Substitute Statutory Auditor: Sandrine Arcin Net income for the year ended 31 December 2019 €57,068,616 Retained earnings €160,483,014 Total amount €217,551,630 40 CFM Indosuez Wealth Management