Explanatory note on the relationship agreement

The new 2020 Belgian Code on Corporate Governance (2020 Code), which entered into force on 1 January 2020, contains a range of innovations for listed companies.One such innovation, namely the option to enter into a relationship agreement, is introduced in provision 8.7 as a topic of debate…

Law on the exercise of certain rights by shareholders

The law of 20 December 2010 on the exercise of certain rights of shareholders in listed companies was adopted and published on 18 April 2011.

The law foresees the transposition of the European Directive 2007/36/EC with the view to enable shareholders to exercise their rights more easily and effectively.


  • Are able to vote and participate to the annual general meeting by electronic means;
  • Are able to consult documents of the annual general meeting and proxy voting on the internet site of the company;
  • Have the right to put items on the agenda of the general meeting and have the right to draft resolutions if they represent 3% of the share capital.