SUEZ welcomes the strong support expressed by its shareholders at the General
Meeting and confirms that Q2 has seen a continuation of the recovery observed
The SUEZ General Meeting, which was held as a closed session on 30 June 2021 at
the company's headquarters and chaired by Mr. Philippe Varin, adopted all the
resolutions submitted to it. The General Meeting approved the 2020 accounts as
well as the payment of a cash dividend of 0.65 euro per share. The dividend
will be detached on 6 July 2021 and paid on 8 July 2021
The Group is very pleased to have received the strong support of its
shareholders. 40.9% of the shareholders attended the General Meeting, it being
specified that the exercise of the voting rights attached to the 187,810,000
shares held by Veolia, which represent 29.38% of the capital, was suspended in
accordance with the applicable regulations.
The General Meeting also ratified the appointments of Bertrand Meunier, Jacques
Richier, Anthony R. Coscia and Philippe Petitcolin as directors. The Board of
Directors is composed of 14 members, 82% of whom are independent and 45% of
whom are women(1).
The remuneration policy for each of the company directors was approved, as was
the remuneration paid or awarded to them during the past fiscal year.
Philippe Varin, Chairman of the Board of Directors of SUEZ, said:
"2020 and the health crisis have highlighted the essential nature of SUEZ's
activities and the vital role of our teams, whose commitment has been total.
This year was also marked by the reshuffling of the Board of Directors, with
the aim of providing the best possible support for the transformation of our
Group. A new page has now been turned with the conclusion of the agreement
between Veolia and our Group. I would like to thank the members of the Board of
Directors and the Group's management team, who worked seamlessly together to
prioritize and defend the interests of all the Group's stakeholders."
Bertrand Camus, CEO of SUEZ, said:
"SUEZ has undergone profound changes in recent months. Despite adverse winds,
we have not been blown off course and the SUEZ 2030 plan has already delivered
results after just a single year of implementation. We have embarked on a new
trajectory of sustainable value creation for all the Group's stakeholders, and
I would especially like to thank all our employees for their trust and
(1) In accordance with the AFEP-MEDEF Code, these figures (9 independent
directors, 5 of whom are women) do not include salaried directors or the
director representing employee shareholders.
Comments on Q2 2021 activity
Julian Waldron, Group Senior Executive Vice President in charge of Finance,
commented on the Group's business trends in the second quarter of 2021.
As at end-June 2021, activity is broadly in line with the performance recorded
in the first quarter, showing not only a strong recovery compared to last year
but also an increase over 2019.
The actions taken to improve the Group's operational performance are continuing
to bear fruit in order to support both profitability and cash generation.
In an environment that remains volatile, the Group is firmly on track for 2021
and confirms all of its targets.
The webcast of the General Meeting, the presentations, and the results of the
votes on the resolutions are available on the SUEZ website (www.suez.com).
* 6 July 2021: Ex-dividend date
* 8 July 2021: Dividend payment date
* 29 July 2021: Publication date for H1 2021 results
* 28 October 2021: Publication date for results for the first nine months of
This press release contains unaudited financial data. The aggregates presented
are those normally used and communicated on markets by SUEZ.
This press release contains estimates and/or forward-looking statements and
information. These statements include financial projections, synergies,
estimates and their underlying assumptions, statements regarding plans,
expectations and objectives with respect to future operations, products and
services, and statements regarding future performance. Such statements do not
constitute forecasts regarding SUEZ's results o r any other performance
indicator, but rather trends or targets, as the case may be. No guarantee can
be given as to the achievement of such forward-looking statements and
information. Investors and holders of SUEZ securities are cautioned that
forward-looking information and statements are subject to various risks and
uncertainties, which are difficult to predict and generally beyond the control
of SUEZ, and that such risks and uncertainties may entail results and
developments that differ materially from those stated or implied in
forward-looking information and statements. These risks and uncertainties
include, but are not limited to, those discussed or identified in the public
documents filed with the Autorité des Marchés Financiers (AMF), the French
Financial Markets Authority. Investors and holders of SUEZ securities should
consider that the occurrence of some or all of these risks may have a material
adverse effect on SUEZ. SUEZ is under no obligation and does not undertake to
provide updates of these forward-looking statements and information to reflect
events that occur or circumstances that arise after the date of this document.
More comprehensive information about SUEZ may be obtained on its Internet
website (www.suez.com). This document does not constitute an offer to sell, or
a solicitation of an offer to buy SUEZ securities in any jurisdiction.
Since the end of the 19th century, SUEZ has built expertise aimed at helping
people to constantly improve their quality of life by protecting their health
and supporting economic growth. With an active presence on five continents,
SUEZ and its 90,000 employees strive to preserve our environment's natural
capital: water, soil, and air. SUEZ provides innovative and resilient solutions
in water management, waste recovery, site remediation and air treatment,
optimizing municipalities' and industries' resource management through "smart"
cities and improving their environmental and economic performance. The Group
delivers sanitation services to 64 million people and produces 7.1 billion m3
of drinking water. SUEZ is also a contributor to economic growth, with more
than 200,000 jobs created directly and indirectly on an annual basis, and a
provider of new resources, with 4.2 million tons of secondary raw materials
produced. By 2030, the Group is targeting 100% sustainable solutions, with a
positive impact on our environment, health and climate. SUEZ generated total
revenue of EUR17.2 billion in 2020.
Find out more about the SUEZ Group on our website and social media
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Head office: Tour CB21 ? 16, Place de l?Iris, 92040 Paris La Défense
France ? Tel.: +33 1 58 81 20 00 ? www.suez.com
Limited company with capital of 2,557,356,896 euros ?
SIREN (French business administration number): 433 466 570 RCS NANTERRE ?
VAT No.: FR76433 466 570