WHITE PLAINS, N.Y.,
May 25, 2016 /PRNewswire/
-- Bunge Limited (NYSE: BG) today announced the results of its
Annual General Meeting of Shareholders, which was held this morning
in New York City.
Adoption of Amendment to Bye-Laws to Declassify Board of
Directors: Shareholders approved an amendment to the Bye-Laws
to declassify the board of directors.
Election of Directors: Shareholders elected Paul
Cornet de Ways-Ruart, William
Engels, L. Patrick Lupo and
Soren Schroder as directors for a
one-year term. Following the Annual General Meeting, Bunge's Board
now has 10 directors.
Appointment of Independent Auditors: Shareholders
approved the appointment of Deloitte & Touche LLP as
independent auditors for the fiscal year ending December 31, 2016, and authorized the Audit
Committee of the Board of Directors to determine the independent
auditors' fees.
Advisory Vote to Approve Compensation of Named Executive
Officers: Shareholders approved this proposal.
2016 Equity Incentive Plan: Shareholders approved the
2016 Equity Incentive Plan.
The final vote results will be reported in a Form 8-K to be
filed by Bunge with the Securities and Exchange Commission.
About Bunge Limited
Bunge Limited (www.bunge.com,
NYSE: BG) is a leading global agribusiness and food company
operating in over 40 countries with approximately 35,000
employees. Bunge buys, sells, stores and transports oilseeds
and grains to serve customers worldwide; processes oilseeds to make
protein meal for animal feed and edible oil products for commercial
customers and consumers; produces sugar and ethanol from sugarcane;
mills wheat, corn and rice to make ingredients used by food
companies; and sells fertilizer in South America. Founded in
1818, the company is headquartered in White Plains, New York.
Cautionary Statement Concerning Forward-Looking
Statements
This press release contains both historical and
forward-looking statements. All statements, other than statements
of historical fact are, or may be deemed to be, forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements are not based
on historical facts, but rather reflect our current expectations
and projections about our future results, performance, prospects
and opportunities. We have tried to identify these forward-looking
statements by using words including "may," "will," "should,"
"could," "expect," "anticipate," "believe," "plan," "intend,"
"estimate," "continue" and similar expressions. These
forward-looking statements are subject to a number of risks,
uncertainties and other factors that could cause our actual
results, performance, prospects or opportunities to differ
materially from those expressed in, or implied by, these
forward-looking statements. The following important factors, among
others, could affect our business and financial performance:
industry conditions, including fluctuations in supply, demand and
prices for agricultural commodities and other raw materials and
products used in our business; fluctuations in energy and freight
costs and competitive developments in our industries; the effects
of weather conditions and the outbreak of crop and animal disease
on our business; global and regional agricultural, economic,
financial and commodities market, political, social and health
conditions; the outcome of pending regulatory and legal
proceedings; our ability to complete, integrate and benefit from
acquisitions, dispositions, joint ventures and strategic alliances;
our ability to achieve the efficiencies, savings and other benefits
anticipated from our cost reduction, margin improvement and other
business optimization initiatives; changes in government policies,
laws and regulations affecting our business, including agricultural
and trade policies, tax regulations and biofuels legislation; and
other factors affecting our business generally. The forward-looking
statements included in this release are made only as of the date of
this release, and except as otherwise required by federal
securities law, we do not have any obligation to publicly update or
revise any forward-looking statements to reflect subsequent events
or circumstances.
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SOURCE Bunge Limited