DECISION OF THE EEA JOINT COMMITTEE No 235/2020

of 11 December 2020

amending Annex XXII (Company law) to the EEA Agreement [2023/2037]

THE EEA JOINT COMMITTEE,

Having regard to the Agreement on the European Economic Area (“the EEA Agreement”), and in particular Article 98 thereof,

Whereas:

(1) Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement ( 1 ) is to be incorporated into the EEA Agreement.

(2) Annex XXII to the EEA Agreement should therefore be amended accordingly,

HAS ADOPTED THIS DECISION:

Article 1

The following is added in point 10g (Directive 2007/36/EC of the European Parliament and of the Council) of Annex XXII to the EEA Agreement:

‘—

32017 L 0828 : Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 ( OJ L 132, 20.5.2017, p. 1 ).

The provisions of the Directive shall, for the purposes of this Agreement, be read with the following adaptation:

In Article 3a(7), as regards the EFTA States, the words "By 10 June 2019 ” shall read “Within one year of the date of the entry into force of Decision of the EEA Joint Committee No 235/2020 of 11 December 2020 ”.’

Article 2

The text of Directive (EU) 2017/828 in the Icelandic and Norwegian languages, to be published in the EEA Supplement to the Official Journal of the European Union , shall be authentic.

Article 3

This Decision shall enter into force on 12 December 2020, provided that all the notifications under Article 103(1) of the EEA Agreement have been made ( *1 ) .

Article 4

This Decision shall be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European Union .

Done at Brussels, 11 December 2020.

For the EEA Joint Committee

The President

Sabine MONAUNI

( 1 ) OJ L 132, 20.5.2017, p. 1 .

( *1 ) Constitutional requirements indicated.