Air Liquide Combined Shareholders' Meeting of May 5, 2020
May 05 2020 - 12:34PM
Dow Jones News
Regulatory News:
The Combined Shareholders' Meeting of Air Liquide (Paris:AI),
chaired by Benoît Potier, Chairman and CEO, was held today at the
Group's headquarters. In order to protect the health and safety of
employees and shareholders during the COVID-19 epidemic, the annual
meeting was held behind closed doors and broadcasted live on the
airliquide.com website. As the meeting was not open to shareholders
in person, all of the items on the agenda were voted on by mail. A
total of 105 445 shareholders voted, representing 245 656 385
shares, 52,11 % of the voting rights, approving all of the
resolutions that were submitted. In addition, it has been decided
to donate the amount of attendance fees usually paid to
shareholders attending the Shareholders' Meeting to the Air Liquide
Foundation for covid-19 related research projects.
The theme of this year's Shareholders' Meeting was "Always
Believe in the Future and, more than ever, Invent it." Benoît
Potier commented on the Group's mobilization in the face of the
sanitary crisis, paying tribute to the employees. He also reviewed
the Group's performance and outlook, recalling in particular the
strength and resilience of its business model. More than 40 minutes
were devoted to answering the questions asked by the shareholders
via the company's website, chosen from among those that generated
the most interest.
The proposed dividend, with an ex-date of May 11 and a payment
date of May 13, 2020, was approved: it will be 2.70 euros per share
(and 2.97 euros per share eligible for the loyalty bonus).
The Shareholders renewed, for a period of four years, the terms
of office of Mr. Brian Gilvary. Ms. Anette Bronder and Ms. Kim Ann
Mink also joined the Board of Directors as independent members. The
terms of office of Ms. Karen Katen and Mr. Pierre Dufour having
come to an end following this year's meeting, the Board reiterated
its warm thanks for their contribution to the Board and its
committees. Accordingly, the Board of Directors is composed of 12
members, including 6 women, and 6 members who are not French. The
current composition of the Board offers a complementary mix of
experience, nationalities and cultures, and reflects the diversity
policy conducted by the Board.
In addition, the Shareholders voted in favor of the resolution
concerning the remuneration of the Chairman and CEO for fiscal year
2019. The Shareholders also approved the information pertaining to
the remuneration of corporate officers mentioned in the Report on
Corporate Governance and the Policy governing the Remuneration of
corporate officers.
Lastly, on the recommendation of the Appointments and Governance
Committee, the Board, during its meeting held today, renewed
members of its committees, the composition of which is now as
follows:
-- Audit and Accounts Committee: Ms. Siân Herbert-Jones
(Chairwoman), Ms. Sin Leng Low, Mr. Thierry Peugeot, Mr. Brian
Gilvary
-- Appointments and Governance Committee: Mr. Jean-Paul Agon
(Chairman), Ms. Annette Winkler, Mr. Xavier Huillard
-- Remuneration Committee: Mr. Xavier Huillard (Chairman), Mr.
Jean-Paul Agon, Mr. Brian Gilvary
-- Environment and Society Committee: Ms. Annette Winkler
(Chairwoman), Ms. Geneviève Berger, Mr. Philippe Dubrulle
The entire Shareholders' Meeting can be viewed as a webcast on
www.airliquide.com
Air Liquide share ownership (as at December 31, 2019)
-- 32% of the capital held by individual shareholders
-- 51% of the capital held by non-French institutional
investors
-- 17% of the capital held by French institutional investors
UPCOMING DATES
Dividend ex-date:
Monday, May 11, 2020
Dividend payment date:
Wednesday, May 13, 2020
A world leader in gases, technologies and services for Industry and Health,
Air Liquide is present in 80 countries with approximately 67,000 employees and
serves more than 3.7 million customers and patients. Oxygen, nitrogen and
hydrogen are essential small molecules for life, matter and energy. They
embody Air Liquide's scientific territory and have been at the core of the
company's activities since its creation in 1902. Air Liquide's ambition is to
be a leader in its industry, deliver long term performance and contribute to
sustainability. The company's customer-centric transformation strategy aims at
profitable, regular and responsible growth over the long term. It relies on
operational excellence, selective investments, open innovation and a network
organization implemented by the Group worldwide. Through the commitment and
inventiveness of its people, Air Liquide leverages energy and environment
transition, changes in healthcare and digitization, and delivers greater value
to all its stakeholders. Air Liquide's revenue amounted to 22 billion euros in
2019 and its solutions that protect life and the environment represented more
than 40% of sales. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, EURO STOXX 50 and FTSE4Good
indexes.
www.airliquide.com
Follow us on Twitter @airliquidegroup
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200505005786/en/
CONTACT: Corporate Communications
media@airliquide.com
Investor Relations
IRTeam@airliquide.com
Shareholder Services
actionnaires@airliquide.com
SOURCE: Air Liquide
Copyright Business Wire 2020
(END) Dow Jones Newswires
May 05, 2020 12:19 ET (16:19 GMT)
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