Annual And Corporate Responsibility Report 2017

6.1. General Meeting 6.1.1. Powers, procedure, performance The General Meeting is the highest decision-making organ of the company, and its activities are governed by its own General Meeting Regulations. The powers of the General Meeting are set out in article 19 of the Company’s Articles and in the General Meeting Regulations. The text of these rules are permanently available on the corporat e w ebsite . The quorum reached at the general meeting held on 19 April 2017 was 79.804% of share capital. Shareholders accounting for 18.755% of share capital were present in person, while shareholders accounting for 61.049% were present by proxy. At the annual General Meeting of 2017 the shareholders adopted the financial statements, management report, and appropriation of earnings for 2016, approved of the Board’s performance, and passed resolutions in the following respects: • Declare a special dividend to be paid out of voluntary reserves. • Approve the policy on remuneration to directors of Atresmedia Corporación for 2018, 2019 and 2020. • Take a consultative vote on the annual report on directors’ remuneration for 2016. 6.1.2. Right to attend, delegation and voting The right to attend General Meetings is vested in holders of 400 shares or more. All shareholders entitled to attendance are likewise entitled to be present by proxy. Proxies may be granted by means of the form of words for delegation set out on the Attendance, Proxy and Voting Card or any other form of words allowed by law. Shareholders owning at least 400 shares may delegate their voting rights to a shareholder who likewise has voting rights by reason of his or her shareholding. Atresmedia allows remote voting at General Meetings electronically or by post. To ascertain the authenticity and proper identification of a shareholder exercising his or her rights of proxy representation or voting by means of the remote facilities provided by Atresmedia, the statutory rules on recognised electronic signature and advanced electronic signature apply. | 86 |  6. GOVERNANCE AND DECISION-MAKING PROCESSES ATRESMEDIA  |  ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2017