Hello,
the following decision, which was taken in private on 2023-07-31, is now made public in accordance with our statutes.
The annual report consists of the activity report and the financial report. This vote is for the approval of the closing ledgers, but NOT about the reserve building and 2023 budget.
The document drafts have been shared with the board before already.
The accounting sheets from tax advise were shared. Also the final closing ledgers were shared.
The German activity report has been shared as well, which is based on the translation of the English version.
The financial report must accurately report all accounting-relevant items and numbers, list profits and losses, and will be sent to the foundation authorities and the tax office. It will be made public on our website, alongside an English translated version.
The board has approved the 2022 closing ledgers. They authorized any two board members, or Florian alone, to sign the letter of completeness (“Vollständigkeitserklärung”), and authorize any two board members, or Florian alone, to sign and send in the documents, on behalf of the board.
The Board of Directors at the time of voting consists of 7 seat holders (not including deputies). In order to be quorate, the vote needs to have 1/2 or more of the Board of Directors members, which gives 4.
A total of 6 Board of Directors members have participated in the vote.
The vote is quorate.
A quorum could be reached with a simple majority of 4 votes.
Result of vote: 6 approvals, 0 abstain, 0 disapprovals.
Decision: The proposal has been accepted.
One deputy supports the motion as well.
Florian