Basic Energy Corporation Notice Of Annual Stockholders' Meeting
Notice is hereby given that the regular Annual Meeting of Stockholders of BASIC ENERGY CORPORATION will be held on Wednesday, November 24, 2021 at 3:00 p.m., via remote communication, with the following agenda:
1. Call to Order
2. Certification of Due Notice of Meeting and Existence of Quorum
3. Approval of Minutes of the Annual Stockholders’ Meeting held on October 23, 2020
4. Presentation of the 2020 Annual Report
5. Presentation of the 2020 Audited Consolidated Financial Statements
6. Ratification of All Acts of the Board and Management for 2020-2021
7. Election of Directors for the term 2021-2022
8. Appointment of External Auditors for the 2021 Financial Statements
10. Other Matters
In view of the various levels of community quarantine enforced in the National Capital Region and in other parts of the country, the annual stockholders meeting shall be held via remote communication, where stockholders may participate and vote in absentia, using the link that will be posted at the Corporation’s website: www.basicenergy.ph. Stockholders who wish to participate in the meeting via remote communication may contact the undersigned at email@example.com, As required under SEC regulations, there will be audio and visual recordings of the meeting for future reference. The processes for the registration, participation and voting by stockholders are attached as Annex A hereof.
Only stockholders of record at the close of business on November 3, 2021 are entitled to notice of, and to vote at this meeting. For this purpose, the Stock and Transfer Books of the Corporation shall be closed from November 3 to 24, 2021.
Should you wish to authorize a representative to attend the meeting in your behalf, please accomplish the attached Proxy Form (Annex B) and (a) mail or deliver the same at the principal office of the Corporation at the UB 111 Paseo de Roxas Building, Paseo de Roxas, Legaspi Village, Makati City, or (b) email a copy to the undersigned at firstname.lastname@example.org, on or before November 12, 2021. Validation of proxies will be on November 18, 2021 at 3:00 p.m. at the principal office of the Corporation.
Please find attached the processes for the nomination and election of directors and the list of actions taken by the Board of Directors and Management for the term 2020-2021, as Annex C and Annex D hereof, respectively. You may access the 2021 Definitive Information Statement, the 2020 Management Report, SEC Form 17-A and other pertinent or related documents from the Corporation’s website at www.basicenergy.ph or at the PSE Edge, or you may request copies thereof from the undersigned during business hours at the principal office of the Corporation.
A copy of the Minutes of the 2020 Annual Stockholders Meeting are available for your perusal at the principal office of the Corporation during business hours and at the Corporation’s website at www.basicenergy.ph .
We look forward to your attendance at the Annual Stockholders’ Meeting. Makati City, November 2, 2021.
Makati City, November 2, 2021.
ANGEL P. GAHOL
Acting Corporate Secretary