Veldhoven, the Netherlands, April 25, 2018
Today ASML Holding N.V. (ASML) announces the results of its Annual General Meeting of Shareholders held on April 25, 2018.
The General Meeting of Shareholders adopted ASML’s statutory financial statements for the financial year 2017.
In addition, the General Meeting of Shareholders approved the following items:
- Proposal to adopt a 2017 dividend of EUR 1.40 per ordinary share.
- Discharge of the members of the Board of Management and the Supervisory Board from liability for their responsibilities in the financial year 2017.
- The maximum number of shares for the Board of Management for 2018.
- Proposals to reappoint Mr. J.M.C. (Hans) Stork, and appoint Ms. T.L. (Terri) Kelly as members of the Supervisory Board.
- The appointment of KPMG as the external auditor for the reporting year 2019.
- Proposal to authorize the Board of Management for a period of 18 months from April 25, 2018: (i) to issue shares or grant rights to subscribe for ordinary shares in the capital of the Company, limited to 5% of the issued share capital of the Company at the time of the authorization; (ii) to issue an additional 5% of the issued share capital only in connection with mergers, acquisitions and/or (strategic) alliances; and (iii) to authorize the Board of Management to restrict or exclude the pre-emption rights in connection with any such issuance, all subject to the approval of the Supervisory Board.
- Proposal to extend the existing authority of the Board of Management to acquire through October 25, 2019 a maximum of 20% of ASML’s issued share capital, subject to the approval of the Supervisory Board. The shares can be acquired at a price between the nominal value of the shares acquired and 110% of the average market price for these securities on Euronext Amsterdam or Nasdaq Stock Market. The AGM also authorized the cancellation of up to 20% of the issued share capital of ASML as of April 25, 2018.
The following subjects were also discussed at the General Meeting of Shareholders:
- The Company’s business and financial situation.
- ASML’s reserves and dividend policy.
- The composition of the Board of Management: Mr. P.T.F.M. (Peter) Wennink, Mr. M.A. (Martin) van den Brink and Mr. F.J.M. (Frederic) Schneider-Maunoury were reappointed as members of the Board of Management, effective today. Also, Mr. C.D. (Christophe) Fouquet and Mr. R.J.M. (Roger) Dassen were appointed as members of the Board of Management of ASML, whereby the appointment of Mr. Fouquet will be effective today. The appointment of Mr. Dassen will be effective as per June 1, 2018.
- The composition of the Supervisory Board in 2019: Mr. G.J. Kleisterlee, Ms. A.P. Aris, Mr. R.D. Schwalb and Mr. W.H. Ziebart will retire by rotation per the Annual General Meeting of Shareholders to be held in 2019.
The presentation given at the Annual General Meeting of Shareholders and the recording of the audio webcast are available at www.asml.com.
ASML is one of the world’s leading manufacturers of chip-making equipment. Our vision is to enable affordable microelectronics that improve the quality of life. To achieve this, our mission is to invent, develop, manufacture and service advanced technology for high-tech lithography, metrology and software solutions for the semiconductor industry. ASML's guiding principle is continuing Moore's Law towards ever smaller, cheaper, more powerful and energy-efficient semiconductors. This results in increasingly powerful and capable electronics that enable the world to progress within a multitude of fields, including healthcare, technology, communications, energy, mobility, and entertainment. ASML is a multinational company with offices in 60 cities in 16 countries, headquartered in Veldhoven, the Netherlands. We employ more than 20,000 people on payroll and flexible contracts (expressed in full time equivalents). ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. More information about ASML, our products and technology, and career opportunities is available on www.asml.com.
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