Vimetco N.V.holds its Annual General Meeting

Vimetco N.V., the global producer of primary and processed aluminium products, held its Annual General Meeting ("AGM") at the World Trade Center (Frankfurt: A0J3M4 - news) , Strawinskylaan 1643, Tower C, Level 16, 1077 XX Amsterdam, The Netherlands, on 21 June 2012, where all proposed resolutions were duly passed.

Thus, the AGM adopted the 2011 Annual Accounts of Vimetco NV. Although the general intention of the Group is to distribute approximately 20% of the consolidated income of the Group on average over the aluminium price cycle to shareholders, due to absence of profits in 2011 Vimetco N.V. will not make any appropriation of profits to the shareholders and holders of depository receipts for shares of Vimetco N.V.

The Company fixed the number of the members of the Board of Directors at 11 and reappointed the existing members of the Board for the new term of one year with preservation of their titles. It also amended the remuneration policy as was proposed, having made it possible for the Board of Directors to indemnify a member of the Board of Directors. It also authorised the Board of Directors to purchase and maintain insurance, on behalf of any member of the Board of Directors, against any liability asserted against such member of the Board of Directors and incurred by him or arising out of his capacity as member of the Board of Directors.