Combined Annual General Meeting of Arkema’s Shareholders of 20 May 2021
May 20 2021 - 11:30AM
Business Wire
Regulatory News:
The combined annual general meeting of Arkema’s (Paris:AKE)
shareholders was held on 20 May 2021, at the Company’s headquarters
in Colombes, France, under the chairmanship of Thierry Le Hénaff,
Chairman and Chief Executive Officer.
Due to the Covid-19 pandemic and health measures decided by the
French government, the shareholders’ meeting was again held behind
closed doors, without the physical presence of shareholders and was
broadcast live and in full on the Company’s website www.arkema.com.
Around its Chairman, the Bureau was assembled with a secretary of
the meeting and two scrutineers, Fonds Stratégique de
Participations and FCPE Arkema Actionnariat France, appointed among
the ten shareholders holding the most important number of voting
rights at the date of the convening notice.
Representing a quorum of 74.34%, the shareholders approved all
the resolutions recommended by the Board of Directors, including
among others:
- the approval of the 2020 financial statements and distribution
of a dividend of €2.50 per share which will be paid from 28 May
2021;
- the appointment as directors, for a four-year term, of Ilse
Henne, Thierry Pilenko and Bpifrance Investissement represented by
Sébastien Moynot ;
- the compensation policy of the Chairman and Chief Executive
Officer as well as the components of compensation due or awarded to
him for the year ended 31 December 2020;
- the compensation policy of non-executive directors, other than
the Chairman and Chief Executive Officer, and the information
relating to the compensation of directors in 2020;
- the authorization granted to the Board of Directors to carry
out a share buyback program; and
- the approval of the updating of the Company’s Articles of
Association in accordance with new legal provisions in force.
This annual general meeting was an opportunity to review the
achievements and announcements which marked 2020, the Group’s
robust financial performance in view of the Covid-19 context and in
particular the good resilience of its Specialty Materials, as well
as the very good start to 2021. It was also an opportunity to
present the significant breakthroughs regarding the implementation
of the strategic roadmap toward sustainable and innovative
Specialty Materials, notably the dynamic related to innovation and
new business development, industrial start-ups, as well as
acquisitions and divestments. The Group’s strong commitment and
continuous progress in terms of Corporate Social Responsibility
were also highlighted during this general meeting. Lastly, Thierry
Morin, Chairman of the Nominating Compensation and Corporate
Governance Committee, presented the Company’s latest developments
in corporate governance matter, with the continued implementation
of best practices in this area, and the creation of the Innovation
and Sustainable Growth Committee.
The full results of the vote as well as the recording for replay
of the shareholders’ meeting will be available in the coming days
on the Company’s website www.arkema.com.
Building on its unique set of expertise in materials science,
Arkema offers a portfolio of first-class technologies to
address ever-growing demand for new and sustainable materials. With
the ambition to become in 2024 a pure player in Specialty
Materials, the Group is structured into 3 complementary, resilient
and highly innovative segments dedicated to Specialty Materials
-Adhesive solutions, Advanced Materials, and Coating Solutions-
accounting for some 82% of Group sales, and a well-positioned and
competitive Intermediates segment. Arkema offers cutting-edge
technological solutions to meet the challenges of, among other
things, new energies, access to water, recycling, urbanization and
mobility, and fosters a permanent dialogue with all its
stakeholders. The Group reported sales of around €8 billion in
2020, and operates in some 55 countries with 20,600 employees
worldwide. www.arkema.com
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version on businesswire.com: https://www.businesswire.com/news/home/20210520005724/en/
INVESTOR RELATIONS CONTACTS Béatrice Zilm +33 1 49 00 75
58 beatrice.zilm@arkema.com Peter Farren +33 1 49 00 73 12
peter.farren@arkema.com Mathieu Briatta +33 1 49 00 72 07
mathieu.briatta@arkema.com Caroline Chung +33 1 49 00 74 37
caroline.chung@arkema.com
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