|[April 25, 2012]
ASML Discloses Results of Annual General Meeting of Shareholders
VELDHOVEN, the Netherlands --(Business Wire)--
ASML Holding NV (ASML)(NASDAQ:ASML)(Amsterdam:ASML) today announces the
results of its Annual General Meeting of Shareholders held on April 25,
The General Meeting of Shareholders adopted ASML's statutory financial
statements for the financial year 2011.
In addition, the General Meeting of Shareholders approved the following
Discharge of the members of the Board of Management and the
Supervisory Board from liability for their responsibilities in the
financial year 2011.
Proposal to adopt a 2011 dividend of EUR 0.46 per ordinary share.
The maximum number of shares for the Board of Management and the
maximum number of stock options, respectively shares, for employees.
The reappointment of Messrs. Bilous, Fröhlich and Van der Poel as
members of the Supervisory Board effective April 25, 2012.
The reappointment of the External Auditor for the reporting year 2013.
Proposal to authorize the Board of Management for a period of 18
months from April 25, 2012: (i) to issue shares or rights to subscribe
for shares in the capital of the Company, limited to 5 percent of the
issued share capital of the Company at the time of the authorization;
(ii) to issue an additional 5 percent of the issued share capital only
in connection with mergers and/or acquisitions; 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, 2013 a maximum of 20% of ASML's
outstanding 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 percent of the average market price for
these securities on Euronext Amsterdam or Nasdaq Global Select Market.
The AGM also authorized the cancellation of up to 20% of the
outstanding share capital of ASML as of April 25, 2012.
The following subjects were also discussed at the General Meeting of
The Company's business, financial situation and sustainability.
ASML's Corporate Governance and 2011 Remuneration Report.
ASML's reserves and dividend policy.
The notification of the intended extension of the appointment term of
Mr. Eric Meurice as President, Chief Executive Officer and Chairman of
the Board of Management. The reappointment of Eric Meurice is
effective immediately as of this AGM.
Composition of the Supervisory Board in 2013: Ms. H.C.J. van den Burg,
Ms. P.F.M. van der Meer Mohr, Mr. W.T. Siegle, Mr. J.W.B. Westerburgen
and Mr. W.H. Ziebart will retire by rotation in 2013. Mr. Westerburgen
has indicated that he will not be available for reappointment.
The presentation given at the Annual General Meeting of Shareholders and
the recording of an audio webcast are available at www.asml.com.
ASML is one of the world's leading providers of lithography systems for
the semiconductor industry, manufacturing complex machines that are
critical to the production of integrated circuits or chips.
Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext
Amsterdam and NASDAQ under the symbol ASML. ASML has almost 8,000
employees on payroll (expressed in full time equivalents), serving chip
manufacturers in more than 55 locations in 16 countries. More
information about our company, our products and technology, and career
opportunities is available on our website: www.asml.com
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