| CAP SA | 21/04/2010 AGM | |
|---|---|---|
| None | PIRC was not able to secure sufficient information from the company to enable us to deliver an informed report. This was despite attempts by PIRC to secure this information from the company and/or its representatives. PIRC’s Global service defines reportable companies as those which provide adequate and timely English language disclosure of materials which explain the meeting agenda. PIRC has made best efforts to obtain such disclosures for this meeting but has been unable to do so. Unless sufficient information becomes available subsequent to the issuance of these recommendations, PIRC advises clients not to support the proposals. | None |
| 1 | Approve the annual report, balance sheet and profit and loss statements of the period 2009, and be informed of the status of the Company and of the reports of the External Auditors | Oppose |
| 2 | Approve the policy of dividends | Oppose |
| 3 | Appointment of External Auditors | Oppose |
| 4 | Approve the remuneration of the Board of Directors | Oppose |
| 5 | Approve the remuneration of Members of the Committee of Directors and budget of expenses incurred in the operation of such Committee | Oppose |
| 6 | Appointment of rating agencies | Oppose |
| 7 | Approve the account statement regarding diverse operations with related parties | Oppose |
| 8 | Transact any other business | Oppose |