Kryvyi Rih, May 2, 2019 Last week, April 25, ArcelorMittal Kryvyi Rih hosted an annual general meeting of shareholders. The meeting heard the report of the executive body of the company for 2018, the report of the Supervisory Board for 2018, the report of the Audit Commission for 2018, the annual report was approved, a decision was made on the distribution of profits, and members of the Supervisory Board were elected.
According to the results of the work of ArcelorMittal Kryvyi Rih in 2018:
Based on the results of the approval of the procedure for distribution of profits, it was decided to direct the profit received from the results of the financial and economic activities of ArcelorMittal Kryvyi Rih in 2018 to the development of production.
The General Meeting of Shareholders is the supreme governing body of ArcelorMittal Kryvyi Rih. The General Meeting of Shareholders has the right to make decisions on all issues of the enterprise’s activities, including those issues that fall within the competence of the Supervisory Board and the General Director, with the exception of cases established by law. The general meeting is convened annually and is held no later than April 30.