SUEZ ENVIRONNEMENT (EPA:SEV) - ADOPTION OF ALL THE RESOLUTIONS BY THE SHAREHOLDERS’ MEETING OF APRIL 28TH, 2016 AND RENEWAL OF MR. GERARD MESTRALLET AND MR. JEAN-LOUIS CHAUSSADE AS CHAIRMAN OF THE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER
ADOPTION OF ALL THE RESOLUTIONS BY THE SHAREHOLDERS' MEETING OF APRIL 28TH,
2016 AND RENEWAL OF MR. GERARD MESTRALLET AND MR. JEAN-LOUIS CHAUSSADE AS
CHAIRMAN OF THE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER
All resolutions put to SUEZ Shareholders' Meeting, which took place on April
28th, 2016 under the chairmanship of Gérard Mestrallet, were adopted. 72.45% of
shareholders took part in the Shareholders' Meeting.
Gérard Mestrallet, Chairman of the Board of Directors, recalled the strategy of
the Group and presented the activities of the Board. The Chairmen of each Board
of Directors' Committee presented the activities of each Committee.
Jean-Louis Chaussade, Chief Executive Officer of SUEZ, presented the performance
and highlights of 2015 to shareholders.
The Shareholders' Meeting approved the distribution of a EUR0.65 per share cash
dividend. The ex-dividend date is May 10th, 2016, with a payment date on May
The renewal of the mandates of Mr. Gérard Mestrallet, Mr. Jean-Louis Chaussade,
Ms. Delphine Ernotte Cunci and Mr. Isidro Fainé Casas as directors, the
ratifications of the cooptation of Ms. Judith Hartmann a Mr. Pierre Mongin as
directors and the appointments of Miriem Bensalah Chaqroun and Mr. Guillaume
Thivolle (employee shareholders director) were approved by the Shareholders'
Meeting(1). Therefore, the Board of Directors is now composed of 19 members,
half of whom are independent directors(2) and 41% of women.
The Shareholders' Meeting also adopted the amendments to the bylaws that were
submitted to its approval, in order to, on one side, change the Company's legal
name, which becomes SUEZ, in the continuity of the implementation, among the
Group, of a single brand decided in 2015, and, on the other side, to bring the
age limit to exercise the functions of Chairman of the Board of Directors to 70
The Board of Directors, taking note of the decisions adopted by the
Shareholders' Meeting, decided to confirm the separation of the functions of
Chairman of the Board of Directors and Chief Executive Officer and to renew Mr.
Gérard Mestrallet as Chairman of the Board of Directors and Mr. Jean-Louis
Chaussade as Chief Executive Officer.
At the end of the Shareholders' Meeting, Jean-Louis Chaussade, Chief Executive
Officer of SUEZ, stated, "I would like to thank the shareholders and the Board
of Directors who have renewed their confidence in me. In order to face the
challenges of a changing world, SUEZ is affirming its role as leader in the
resource revolution and is supporting its clients, municipalities and
industrials, in the circular economy. Alongside all SUEZ employees, I am firmly
committed to continuing to transform the Group and its businesses to work toward
profitable growth and to achieve a radically new way of managing resources, so
as to ensure, in stride with our clients, the sustainable development of our
The webcast of the Shareholders' Meeting, presentations and results of the
voting on resolutions can be found on SUEZ's website (www.suez.com).
(1) The resolution related to the appointment of Ms. Belén Garijo was not
submitted to the shareholders' vote. Ms. Belén Garijo had to withdraw her
candidacy. Because of the mandates she currently held, she indeed did not obtain
the authorizations required to fulfill a mandate at SUEZ.
(2) One half of the Board comprises independent directors, excluding employee
directors and the director who is an employee shareholder, in accordance with
the AFEP-MEDEF Code, i.e. 8 independent directors.
* Forthcoming communications :
May 10th, 2016: ex-dividend date
May 12th, 2016: payment date
July 28th, 2016: publication of the 1st half 2016 results
We are at the dawn of the resource revolution. In a world facing high
demographic growth, runaway urbanisation and the shortage of natural resources,
securing, optimising and renewing resources is essential to our future. SUEZ
(Paris: SEV, Brussels: SEVB) supplies drinking water to 92 million people,
delivers wastewater treatment services to 65 million, collects waste produced by
almost 50 million, recovers 14 million tons of waste each year and produces
5,138 GWh of local and renewable energy. With 80,990 employees, SUEZ, which is
present on all five continents, is a key player in the sustainable management of
resources. SUEZ generated total revenues of EUR15.1 billion in 2015.
Siège social - Tour CB21 - 16 place de l'iris, 92040 Paris La Défense Cedex,
France - Tel : +33 (0)1 58 81 20 00 - www.suez-environnement.fr
SA au capital de 2 177 604 984 euros - Siren 433 466 570 RCS NANTERRE -
TVA FR 76433 466 570