Extraordinary and Annual General Meeting on Thursday 30 April 2020

Extraordinary and Annual General Meeting on Thursday 30 April 2020 Regulated information Kortrijk, Belgium, 30 April 2020, 06:00 pm - Barco held its Extraordinary and Annual General Meeting on 30 April 2020 in Kortrijk, Belgium.

Shareholders approved all agenda items.

Details of the voting results will be available on www.barco.com/en/Corporate Governance

Barco organized its general meetings of 30 April 2020 using its own weConnect technology. With this set-up the prohibition on gathering and non-essential trips were fully respected while shareholders were able to virtually and real-time attend the meetings and to ask live questions.

We make reference to the agenda as shared in the convening of the annual general meeting and more specifically the topics regarding dividend, stock split, composition of the board of directors and corporate governance.

Dividend

Following the proposal of the Board of Directors the General Meeting approved the gross dividend over 2019 at 2 euro and 65 eurocents ( 2.65) per fully paid up share.

Ex-Dividend Trading date: Monday 11 May 2020

Record date: Tuesday 12 May 2020

Payment date: Wednesday 13 May 2020

Stock Split

The Extra-ordinary meeting also approved the proposal to split each existing share into 7 new shares; the target date to start trading the new stock is 1 July 2020.

Composition board of directors

The General Meeting has re-appointed Mr. Charles Beauduin, Mr. Jan De Witte, Mr. Frank Donck, Mrs. An Steegen and Adisys corporation, represented by Mr. Ashok Jain, as directors for a period of three (3) years until the closing of the ordinary general meeting of 2023.

Mr. Frank Donck and Mrs. An Steegen are re-appointed as independent directors.

Corporate governance code and Charter

The General meeting also decided to apply the Corporate Governance Code 2020 and accepts the amended Corporate Governance Charter as of the closure of the ordinary general meeting of 2020.

The presentation of the general meeting is available on www.barco.com/investors/Presentations

About Barco

Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting, classroom and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2019, we realized sales of 1.083 billion euro. We have a global team of 3,600 employees, whose passion for technology is captured in 400 granted patents.

For more information, visit us on www.barco.com, follow us on Twitter (@Barco), LinkedIn (Barco), YouTube (BarcoTV), or like us on Facebook (Barco).

Copyright 2020 by Barco

LINK:	https://www.barco.com/en/News/Press-releases/Extraordinary-and-Annual-...
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