Cellcom Israel's Special General Meeting: A Pivotal Moment for Shareholders

Cellcom Israel Ltd. (TASE: CEL) has announced a Special General Meeting of Shareholders, scheduled for March 17, 2025, at 15:00 (Israel time) at the company's offices in Netanya, Israel. The meeting's agenda includes two main items: the reappointment of Shmuel Hauser and Varda Liberman as external directors for a third tenure commencing on March 29, 2025, and the approval of modifications to the Company's Articles of Association. As a shareholder, understanding the implications of these items is crucial for making informed decisions.



Reappointment of Shmuel Hauser and Varda Liberman

The reappointment of Shmuel Hauser and Varda Liberman as external directors for a third tenure is a significant move for Cellcom Israel. Both directors have served on the board for two tenures, bringing a wealth of experience and expertise to the company. Their reappointment ensures continuity in the company's strategic direction and decision-making processes. As external directors, Hauser and Liberman provide independent and objective perspectives, which is crucial for effective corporate governance. Their reappointment also helps maintain regulatory compliance, with Shmuel Hauser's strong background in financial regulation being particularly valuable. The reappointment of these directors provides stability and consistency in the company's governance structure, ensuring that the company's strategic direction remains on track.

Modifications to the Company's Articles of Association

The modifications to the Company's Articles of Association could have potential implications on its future operations and financial performance. However, the specific details of the modifications are not provided in the given information. To analyze the potential implications, we would need to know the exact changes proposed in the modifications. Without this information, it is challenging to provide a detailed analysis.

Voting Instructions and Record Date

The voting instructions and the record date for the meeting can significantly influence shareholder engagement and participation in the decision-making process. The voting instructions offer shareholders multiple channels to cast their votes, making it more convenient for them to participate in the decision-making process. This includes the Electronic Voting System, voting card, and clear instructions. The record date for the meeting, set as Sunday, February 16, 2025, determines which shareholders are eligible to vote. By setting a specific record date, the company ensures that only those who are shareholders on that date can participate in the voting process, encouraging shareholder engagement and fostering a sense of ownership.



In conclusion, the Special General Meeting of Shareholders for Cellcom Israel Ltd. is a pivotal moment for shareholders. The reappointment of Shmuel Hauser and Varda Liberman as external directors and the approval of modifications to the Company's Articles of Association are crucial items on the agenda. As a shareholder, understanding the implications of these items and participating in the voting process is essential for shaping the company's future. The voting instructions and record date provide shareholders with the opportunity to engage in the decision-making process and have a say in the company's strategic direction.