Shareholder meeting 16 April 2010
The Annual General Meeting of Portugal Telecom, SGPS, S.A. took place, in 16 April 2010. Were present or represented shareholders corresponding to 53% of the voting rights, the following matters were discussed and approved:
| Proposals |
For |
Against |
Abstain |
| 1. To resolve on the management report, balance sheet and accounts for the year 2009; |
99.95% |
0.00% |
0.05% |
| 2. To resolve on the consolidated management report, balance sheet and accounts for the year 2009; |
99.95% |
0.00% |
0.05% |
| 3. To resolve on the proposal for application of profits; |
99.99% |
0.00% |
0.01% |
| 4. To resolve on a general appraisal of the Company’s management and supervision; |
98.50% |
1.42% |
0.08% |
| 5. To resolve on the acquisition and disposal of own shares; |
96.14% |
3.69% |
0.16% |
| 6. To resolve, pursuant to number 4 of article 8 of the Articles of Association, on the parameters applicable in the event of any issuance of bonds convertible into shares that may be resolved upon by the Board of Directors; |
96.10% |
3.75% |
0.15% |
| 7. To resolve on the suppression of the pre-emptive right of shareholders in the subscription of any issuance of convertible bonds as referred to under item 6 hereof as may be resolved upon by the Board of Directors; |
87.40% |
12.45% |
0.15% |
| 8. To resolve on the issuance of bonds and other securities, of whatever nature, by the Board of Directors, and notably on the fixing of the value of such securities in accordance with number 3 of article 8 and paragraph e) of number 1 of article 15 of the Articles of Association; |
99.54% |
0.31% |
0.15% |
| 9. To resolve on the acquisition and disposal of own bonds and other own securities; |
99.81% |
0.03% |
0.17% |
| 10. To resolve on the creation of an ad hoc committee to decide on the remuneration of the members of the Compensation Committee; |
95.41% |
4.49% |
0.10% |
| 11. To resolve on the declaration in respect of the remuneration policy of the members of the management and supervisory bodies of the Company. |
80.93% |
18.85% |
0.22% |