2020 Bulkers Ltd. (2020) – 2020 Annual General Meeting
2020 Bulkers Ltd. (the "Company") advises that the 2020 Annual General Meeting of the Company was held on August 10, 2020 at 10:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2019 were presented to the Meeting.
The following resolutions were passed:
1) To re-elect Alexandra Kate Blankenship as a Director of the Company.
2) To re-elect Jens Martin Arveschoug Jensen as a Director of the Company.
3) To re-elect Georgina E. Sousa as a Director of the Company.
4) To re-elect Neil J. Glass as a Director of the Company.
5) To reduce the Share Premium account of the Company by US$15 million and to credit the same amount resulting from the reduction to the Company's Contributed Surplus account, with immediate effect.
6) To re-appoint PricewaterhouseCoopers AS as auditors and to authorize the Directors to determine their remuneration.
7) To approve remuneration of the Company's Board of Directors of a total amount of fees not to exceed US$150,000 for the year ended December 31, 2020.
August 10, 2020