Vimetco publishes AGM Statement and results

Vimetco N.V., the global producer of primary and processed aluminium products, held its Annual General Meeting (“AGM”) at the World Trade Center, Strawinskylaan 1643, Tower C, Level 16, 1077 XX Amsterdam, The Netherlands, on 20 June 2014, where all proposed resolutions were duly passed. The Agenda of the AGM along with the Convening Notice was sent to the shareholders of the Company on 8 May 2014 and are available on the Vimetco N.V. website.

The AGM adopted the 2013 Annual Accounts of Vimetco NV. With respect to the dividend policy, no changes to the current dividend policy were made. Although the general intention of the Board is to distribute approximately 20% of the consolidated income of the Group on average over the aluminium price cycle to its shareholders, due to absence of profits in 2013, the Company will not make any appropriation of profits to the shareholders and holders of depository receiptsfor shares in the Company.

The AGM fixed, in accordance with article 14.2 of the Company’s article of association, the number of the Board of Directors at 11. Following reappointment, for the period of one year ending on the date of the Annual General Meeting to be held in 2015 ("AGM in 2015"), the Board of Directors of Vimetco NV has the following composition:

The Board of Directors was delegated the authority to appoint the auditor for the fiscal year 2014.