Tesmec S p A : Summary Report of the Votes

April 18, 2024 at 09:11 am EDT

TESMEC S.p.A

Ordinary and Extraordinary Shareholders' Meeting

held on 18 April 2024

Shareholders' meeting was attended by a total of no. 16 Shareholders by proxy

for a total of no. 297.319.607 ordinary shares, representing 49,025411% of the ordinary share capital

SUMMARY REPORT OF THE VOTES ON THE ITEMS OF THE SHAREHOLDERS' MEETING AGENDA

Ordinary:

(1.1) Approval of the Financial Statament as at 31 December 2023 and the Directors' report on operations
	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	15	297.299.607	99,993273	99,993273	49,022113
Against	0	0	0,000000	0,000000	0,000000
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	1	20.000	0,006727	0,006727	0,003298
Total	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000
(1.2) Allocation of the results for the financial year
	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	15	297.299.607	99,993273	99,993273	49,022113
Against	0	0	0,000000	0,000000	0,000000
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	1	20.000	0,006727	0,006727	0,003298
Total	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000

(2.1) Binding vote on the remuneration policy for the financial year 2024 illustrated in the first section of the report.

	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	5	290.867.678	97,829969	97,829969	47,961544
Against	10	6.431.929	2,163305	2,163305	1,060569
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	1	20.000	0,006727	0,006727	0,003298
Total	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000

(2.2) Consultation on the second section of the report concerning remuneration paid in or related to the financial year 2023.

	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	15	297.299.607	99,993273	99,993273	49,022113
Against	0	0	0,000000	0,000000	0,000000
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	1	20.000	0,006727	0,006727	0,003298
Totale	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000

(3) Authorisation to purchase and dispose of treasury shares.

	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	15	297.299.607	99,993273	99,993273	49,022113
Against	0	0	0,000000	0,000000	0,000000
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	1	20.000	0,006727	0,006727	0,003298
Totale	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000

Extraordinary:

Amendments to Article 5 and Article 9 of the Articles of Association for the purpose of introducing the voting surcharge referred to in Article 127-quinquies of Legislative Decree No. 58/1998;

	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	4	289.967.678	97,527264	97,527264	47,813142
Against	12	7.351.929	2,472736	2,472736	1,212269
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	0	0	0,000000	0,000000	0,000000
Totale	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000

(2) Amendments to the Chapter 'Shareholders' Meeting' of the Articles of Association.

	NO.	NO. SHARES	% ON REPRESENTED	% SHARES ADMITTED TO	% ON ORDINARY
	SHAREHOLDERS		ORDINARY SHARES	VOTE	SHARE CAPITAL
	(IN PERSON OR BY
	PROXY)
In favor	4	289.967.678	97,527264	97,527264	47,813142
Against	12	7.351.929	2,472736	2,472736	1,212269
Abstained	0	0	0,000000	0,000000	0,000000
Non-voters	0	0	0,000000	0,000000	0,000000
Totale	16	297.319.607	100,000000	100,000000	49,025411
Not Counted	0	0	0,000000	0,000000	0,000000

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Tesmec S.p.A. published this content on 18 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 April 2024 13:10:02 UTC.

	1st Jan change	Capi.
TESMEC S.P.A.	-20.76%	61.81M
CATERPILLAR INC.	+18.00%	172B
SANY HEAVY INDUSTRY CO.,LTD	+22.22%	19.5B
XCMG CONSTRUCTION MACHINERY CO., LTD.	+43.77%	12.47B
ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD.	+26.34%	9.17B
DOOSAN BOBCAT INC.	+18.85%	4.23B
CHINA RAILWAY CONSTRUCTION HEAVY INDUSTRY CORPORATION LIMITED	-0.76%	2.91B
GUANGXI LIUGONG MACHINERY CO., LTD.	+55.79%	2.76B
ACTION CONSTRUCTION EQUIPMENT LIMITED	+75.08%	2.15B
TAKEUCHI MFG. CO., LTD.	+42.36%	1.89B

1st Jan change

Capi.

TESMEC S.P.A.

-20.76%

61.81M

CATERPILLAR INC.

+18.00%

172B

SANY HEAVY INDUSTRY CO.,LTD

+22.22%

19.5B

XCMG CONSTRUCTION MACHINERY CO., LTD.

+43.77%

12.47B

ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD.

+26.34%

9.17B

DOOSAN BOBCAT INC.

+18.85%

4.23B

CHINA RAILWAY CONSTRUCTION HEAVY INDUSTRY CORPORATION LIMITED

-0.76%

2.91B

GUANGXI LIUGONG MACHINERY CO., LTD.

+55.79%

2.76B

ACTION CONSTRUCTION EQUIPMENT LIMITED

+75.08%

2.15B

TAKEUCHI MFG. CO., LTD.

+42.36%

1.89B

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-24 am EDT			5-day change	1st Jan Change
0.0935 ^EUR	-1.48%		-0.64%	-20.76%

May. 24	Business Square in the green; Iveco pushes	AN
May. 24	Cerved confirms Tesmec's solicited credit rating	AN

Business Square in the green; Iveco pushes	May. 24	AN
Cerved confirms Tesmec's solicited credit rating	May. 24	AN
Transcript : Tesmec S.p.A., Q1 2024 Earnings Call, May 10, 2024	May. 10
Tesmec improves loss in quarter and confirms outlook 2024	May. 10	AN
Tesmec S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 09	CI
Tesme and algoWatt lead the rises.	Apr. 02	AN
Brioschi tops; Datalogic down post accounts	Mar. 15	AN
Futures bearish; eyes on US inflation	Mar. 11	AN
Stock exchanges contrasted; TIM leads on Mib.	Mar. 08	AN
Transcript : Tesmec S.p.A., 2023 Earnings Call, Mar 08, 2024	Mar. 08
Tesmec switches to loss in 2023 due to increased financial charges	Mar. 08	AN
Tesmec S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 07	CI
Europeans above parity; accounts push Campari	Feb. 27	AN
Indices up against expectations; Moncler recovers	Feb. 27	AN
Futures await lists in red	Feb. 27	AN
Europeans down; Sogefi flies in Piazza Affari.	Feb. 26	AN
Europeans down; Sogefi rises 33% post accounts	Feb. 26	AN
Piazza Affari down; Leonardo tops the Mib	Feb. 26	AN
Tesmec closes 2023 with preliminary revenues below expectations	Feb. 26	AN
Enervit advances; Netweek closes list.	Jan. 04	AN
Traders wait-and-see; still push on banking	Jan. 03	AN
Trevifin leads the rises; Tesmec also does well.	Jan. 02	AN
Mib up; Eurozone PMI slows in September	Nov. 07	AN
Oil stocks down on Mib; up CNH with delisting news	Nov. 07	AN
Transcript : Tesmec S.p.A., Nine Months 2023 Earnings Call, Nov 06, 2023	Nov. 06

Tesmec S.p.A.

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