business plan for 2004 - EDP

2003 - Annual Report - EDP
Limitation of the Exercise of Voting Rights
With the exception of the State or entities equivalent
under the law, no shareholder may cast votes in his/her
name or on behalf of another, exceeding 5% of the whole
of the votes corresponding to the share capital.
Additionally, shareholders who come to hold 5% or
more of the voting rights or of the share capital must
communicate the fact to the Board of Directors within
five business days of the date on which the acquisition
took place, and may not exercise the respective voting
rights until such communication shall have been made.
>> 2.3 Model used in the Exercise of Postal
Voting Rights
To extend the use and simplify the exercise of postal
voting by those shareholders wishing to enjoy this
prerogative, EDP provides draft representation proxy
letters and voting papers on the Internet page www.
edp.pt or will send them to those so requesting in
writing or by telephone, in keeping with applicable legal
and statutory rules.
>> 2.4 Possibility of Exercising Voting Rights
using Electronic Means
The EDP articles of association do not exclude the
possibility of exercising voting rights by
correspondence, through the use of electronic messages,
provided that the legal and statutory formalities for
participation in General Meetings are strictly complied
with, provided always that the identity of the
shareholder is confirmed by adequate means of
certification.
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