Resolution proposal
The financial statements at 31 December 2010 closed with a net profit for the year of €51,733,096.46.
We submit the following texts for resolutions:
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“The ordinary Shareholders’ General Meeting of Arnoldo Mondadori Editore SpA, having taken note of the Report of the Statutory Auditors and the Report of the Independent Auditors,
resolves
- to approve the Board of Directors’ management report and the financial statements at 31 December 2010, together with the notes, in all their parts and findings;
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“The ordinary Shareholders’ General Meeting of Arnoldo Mondadori Editore SpA, with regard to the allocation of the net profit for the year of €51,733,096.46,
resolves
- to distribute to the Shareholders a gross dividend of €0.17 for each ordinary share (net of treasury stock) in circulation on the ex-dividend date, drawn from the net profit for the year. In line with the “Regulations for regulated markets organised and managed by Borsa Italiana SpA”, dividends will be paid as follows: ex-dividend date 23 May 2011, payment from 26 May 2011;
- to allocate to the extraordinary reserve (under “Other reserves”) the residual amount of the net profit for the year after the distribution of dividends as outlined in the previous point.
On behalf of the Board of Directors
Chairman
Marina Berlusconi