LegalPCF Group
PCF Group Proxy Form for Ordinary General Meeting 2024
29 Apr 202413 pages~17 min full read
PCF Group S.A. will hold its ordinary general meeting on 4 June 2024 at the ADN Conference Centre in Warsaw to address 14 agenda items.
The company reported a 2023 net loss of 64.65 million zł on an individual basis and 75.58 million zł on a consolidated group basis.
Shareholders are requested to approve the coverage of the 64.65 million zł individual net loss using the company's reserve capital.
The 2023 financial statements show total individual assets of 502.51 million zł and consolidated group assets of 513.46 million zł.
The agenda includes motions to grant formal absolution to the chief executive and all members of the supervisory board for their 2023 fiscal performance.
The company has decided to forego the establishment of an audit committee, citing the implementation of an electronic voting system as the justification.
The provided proxy form serves as a non-mandatory instrument for shareholders to delegate voting rights for the 2023 fiscal year-end proceedings.
The purpose of the form is to enable shareholders of PCF Group S.A. to delegate voting rights to a proxy for the ordinary shareholders’ meeting scheduled for 4 June 2024 at the ADN Conference Centre in Warsaw. It is prepared under article 402³ of the Polish Commercial Companies Code and serves as a non‑mandatory instrument for transmitting voting instructions, without replacing a formal power of attorney.
The accompanying agenda lists fourteen resolutions to be considered. Key corporate actions include the election of the meeting chairperson, the decision to forego the establishment of an audit committee due to an electronic voting system, and the adoption of the meeting agenda. Financial matters dominate the agenda: approval of the 2023 individual financial statements (assets 502 508 thousand zł, net loss 64 652 thousand zł) and the consolidated group statements (assets 513 461 thousand zł, net loss 75 575 thousand zł). The shareholders are asked to approve the covering of the net loss of 64 651 944,69 zł from the company’s reserve capital. Subsequent resolutions grant absolution to the chief executive, all members of the supervisory board and its committees for the 2023 fiscal year.
The scope is limited to PCF Group S.A., a Warsaw‑based joint‑stock company, and pertains to the financial year ending 31 December 2023. The document does not involve a survey or statistical sampling; its legal basis and procedural instructions constitute the methodology, requiring shareholders to mark “X” in the appropriate columns and, where necessary, specify the number of shares to be voted for, against, or abstained from on each resolution. The form also provides space for additional remarks to address any discrepancies between the attached draft resolutions and those ultimately presented at the meeting.
