Avantium shareholders adopt all resolutions at Extraordinary General Meeting
AMSTERDAM, 30 September 2026, 18:00 hrs CEST – Avantium N.V., a leading company in renewable and circular polymer materials, today announced that all voting items proposed at the Extraordinary General Meeting (EGM) were approved by shareholders. The approved resolutions provide Avantium with the corporate authorisations required to support its financing and growth objectives as the Company continues the ramp-up and commercialization of its FDCA Flagship Plant and the further implementation of its licensing strategy.
The EGM took place on Wednesday 30 September 2026 at Avantium's headquarters in Amsterdam. During the meeting, shareholders also received a business update on the Company's performance in the first half of 2026. In total 7,383,614 shares, representing 29.3% of the total number of shares outstanding on the record date of the meeting, were represented at the EGM and voted on the resolutions.
Shareholders approved the amendment of Avantium's Articles of Association to increase the authorised share capital from EUR 43,480,060 to EUR 125,000,000. This increase in authorised share capital is intended to provide the flexibility required to support the Company's financing plans and future growth ambitions. In addition, shareholders approved the designation of the Management Board, subject to Supervisory Board approval, as the corporate body authorised to issue ordinary shares, grant rights to subscribe for ordinary shares, and limit or exclude pre-emptive rights until the date of Avantium's 2027 Annual General Meeting. The authorisation is intended to support the Company's planned equity raise and provide flexibility for other financing and corporate purposes.
Voting results
The agenda items proposed for adoption in the Meeting were voted on as follows:
Agenda item 3
The EGM approved the amendment to the Articles of Association of Avantium.
In favour | Against | Abstained |
7,346,376 | 17,923 | 19,315 |
99.8% | 0.2% |
Agenda item 4
The EGM designated the Management Board as the corporate body authorized to issue ordinary shares up to the statutory maximum of the authorised share capital, and to limit or exclude pre-emptive rights in respect thereof, for the period from the EGM until the date of Avantium’s Annual General Meeting to be held in 2027.
In favour | Against | Abstained |
7,339,364 | 25,565 | 18,685 |
99.7% | 0.4% |
About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands. Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.
Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.
For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179
mediarelations@avantium.com
Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com
