| CEMEX SAB DE CV | 29/04/2010 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, with the exception of resolution 7. | |
| 1 | Presentation of the report by the Chief Executive Office, including the company's Financial Statements, report of variations of capital stock, and presentation of the report by the board of directors | Oppose |
| 2 | Approve the profit allocation | Oppose |
| 3 | Approve the increase of share capital through the capitalization of retained earnings | Oppose |
| 4 | Issue up to 750 million shares, to be kept in treasury, to be subscribed upon conversion of convertible notes | Oppose |
| 5 | Appoint the members of the board of directors and the chairmen and members of the Audit, Corporate Practices, and Finance committees | Oppose |
| 6 | Approve the compensation of the members of the board of directors and the Audit, Corporate Practices, and Finance committees | Oppose |
| 7 | Appoint the delegates to formalize the resolutions adopted at the meeting | For |