Annual General Shareholders' meeting of 6 May 2011
The Annual General Meeting of Portugal Telecom, SGPS, S.A. took place, in 6 May 2011. Were present or represented shareholders corresponding to 63.4% 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 2010; |
88.59% |
0.35% |
11.06% |
| 2. To resolve on the consolidated management report, balance sheet and accounts for the year 2010; |
88.59% |
0.35% |
11.06% |
| 3. To resolve on the proposal for application of profits; |
88.95% |
0.00% |
11.04% |
| 4. To resolve on a general appraisal of the Company’s management and supervision; |
88.46% |
0.49% |
11.05% |
| 5. To resolve on an amendment to article 13 and article 17 of the Articles of Association of the Company; |
99.89% |
0.10% |
0.01% |
| 6. To resolve on the acquisition and disposal of own shares; |
99.69% |
0.30% |
0.01% |
| 7. To resolve, pursuant to article 8, number 4, 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; |
94.24% |
5.68% |
0.08% |
| 8. 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 7 hereof as may be resolved upon by the Board of Directors; |
72.83% |
27.09% |
0.08% |
| 9. 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 articles 8, number 3 and 15, number 1, paragraph e), of the Articles of Association; |
99.75% |
0.18% |
0.07% |
| 10. To resolve on the acquisition and disposal of own bonds and other own securities; |
99.55% |
0.45% |
0.01% |
| 11. To resolve on the statement of the Compensation Committee on the remuneration policy for the members of the management and supervisory bodies of the Company; |
87.65% |
2.20% |
10.15% |
| 12. To resolve on the ratification of the appointment of new members of the Board of Directors to complete the 2009-2011 term-of-office. |
96.15% |
3.77% |
0.07% |