Séché Environnement

Combined Annual General Assembly of April 30, 2020 in Camera

Regulatory News:

Séché Environnement (Paris:SCHP):

In light of the COVID-19 epidemic and in accordance with Article 4 of French government order #2020-321 of March 25, 2020, the Annual General Assembly was held in camera on April 30, 2020, under the chairmanship of Mr. Joël Séché, without the Shareholders or other eligible attendees being present, whether physically or by teleconferencing or videoconferencing.

The Chairman noted that the Company had not received any written questions from the shareholders.

The Chairman reviewed the results of the correspondence votes and noted the approval of all the proposed resolutions, in particular those relating to the accounts and the allocation of the 2019 results.

The results of the votes by resolution and the minutes of the Assembly are available on the Company’s website: www.groupe-seche.com/en/investisseurs/meeting

The General Assembly also approved the appointment of Ms Nadine Koniski-Ziadé as an Independent Director for a period of three years to replace Ms Marina Niforos.

The Board of Directors expressed its deep gratitude to Mrs Niforos for her contribution to its work over the past three years, which have been a pivotal period for the definition of the development strategy, particularly internationally, and for the internal structuring of the Group.

Ms Koniski-Ziadé has more than 20 years of experience in the field of finance in an international environment, and in particular in the service of mid-sized family-owned companies.

Her expertise in financing and communication, as well as her mastery of ESG issues, will complement the Board’s current competencies in order to respond with value-added to the Group’s current development challenges led by the General Management, such as growth operations, industrial challenges, international development, key financial issues management or implementation of risk management initiatives.

The appointment of Ms.Koniski-Ziadé to the position of Independent Director responds to the best practices of governance in terms of independence, gender parity and complementarity of skills within the Board.

Indeed, the Board of Directors, chaired by Mr. Joël Séché, has 3 female directors (43% of its staff according to the legal provisions in this area) and also includes 4 independent members (Mr. Guillaume Cadiou, Ms. Pascaline de Dreuzy, Ms. Nadine Koniski-Ziadé and Ms. Anne-Sophie Le Lay). The other members of the Board are Messrs. Philippe Guérin as Director representing employees, Maxime Séché and Philippe Valletoux. Mr. Guillaume Séché holds the position of Censor.