Oil Terminal S.A. announces the completion of the agenda for the Ordinary General Meeting of Shareholders (AGM) scheduled for July 2025. Stay informed about important updates.
OIL TERMINAL S.A. announced the completion of the agenda for the Ordinary General Meeting of Shareholders to be held in July 2025.
The Board of Directors of OIL TERMINAL S.A., the strategic operator of the oil terminal in Constanța, decided at the meeting on June 23, 2025, to complete the agenda of the Ordinary General Meeting of Shareholders (OGMS), convened for July 7 (or 8), 2025. This amendment follows requests made by the Ministry of Energy and is based on the applicable legal provisions.
Among the newly introduced agenda items are:
- Approval of key performance indicators (financial and non-financial) for directors and non-executive administrators, according to the minimum level established by AMEPIP Order no. 651/2024;
- Approval of the Addendum to the mandate contracts of the Board of Directors members, in the form proposed by the Ministry of Energy;
- Mandating the representative of the Romanian State through the Ministry of Energy to sign the relevant documents;
- Authorizing the Chairman of the Board of Directors to complete the registration and publicity formalities of the OGMS resolutions;
- Approval of the full selection plan for filling vacant positions within the Board of Directors.
The General Meeting will take place at the company’s headquarters at 2 Caraiman Street, Constanța, starting at 12:00 PM. If the legal quorum is not met at the first call, a second meeting is scheduled for July 8, 2025, at the same time and location.
The completed materials for the OGMS — including voting forms, special proxies, and draft resolutions — are available in both Romanian and English starting June 26, 2025, on the company’s official website: http://relatia.oil-terminal.com/aga-2025/AGOA-07(08).07.2025/
Shareholders registered as of the reference date June 26, 2025, are entitled to participate and vote at the meeting, either in person or through designated representatives. Submission of proxies and voting forms can also be done electronically, with an extended digital signature, until July 5, 2025.
