Vestas Wind Systems A/S' annual general meeting on 26 March 2009
The annual general meeting of Vestas Wind Systems A/S has been held today.
Items 1 to 3 of the agenda were discussed and approved as presented. There will
be no distribution of dividend for 2008.
Håkan Eriksson and Ola Rollén were elected as new members of the Board of
Directors. Håkan Eriksson is employed as Senior Vice President, Chief Technology
Officer and head of Group Function Technology & Portfolio Management at
Telefonaktiebolaget LM Ericsson in Sweden. Furthermore, he holds the following
fiduciaries: Member of the Boards of Anoto Group AB (Sweden) and Linköping
University (Sweden). Ola Rollén is employed as President and CEO of Hexagon AB
in Sweden. The other proposed board members to be elected by the general meeting
were all re-elected, cf. item 4 of the agenda.
PricewaterhouseCoopers Statsautoriseret Revisionsaktieselskab and KPMG
Statsautoriseret Revisionspartnerselskab were re-appointed as auditors of the
company, cf. item 5.
The proposal regarding the approval of the overall guidelines for incentive pay
for the members of the Executive Management of Vestas Wind Systems A/S was
discussed and approved, cf. item 6. The company's Articles of Association will
be changed accordingly i.e. the following new article will be included:
”Article 13 Guidelines for incentive pay
The Company has adopted guidelines for incentive pay for the members of the
Executive Management pursuant to section 69b of the Danish Public Companies Act.
The guidelines have been approved by the General Meeting and are accessible on
the Company website
Furthermore, the Board of Directors was authorised to acquire treasury shares in
the period up until the next annual general meeting up to a total nominal value
of 10 per cent of the company's share capital at the time in question.
After the annual general meeting, the Board of Directors held a statutory board
meeting. At the meeting Bent Erik Carlsen was re-elected as Chairman of the
Board and Torsten Erik Rasmussen was re-elected as Duputy Chairman of the Board.
Any questions may be addressed to the Executive Management at Vestas Wind
tel. +45 9730 0000.
Vestas Wind Systems A/S
Bent Erik Carlsen
Chairman of the Board of Directors