Edenred

The Combined General Meeting of May 7, 2020 adopts all resolutions

Press release

May 7, 2020

                                                                          

The Combined General Meeting of May 7, 2020 adopts all resolutions

             
Edenred’s Combined General Meeting was today held at the Group’s registered office, chaired by Chairman and Chief Executive Officer Bertrand Dumazy. Exceptionally, the Meeting took place without the physical presence of shareholders, due to the Covid-19 epidemic and the health measures taken by the French government in response. Thanks to the system allowing shareholders to participate remotely prior to the Meeting, the quorum stood at 79.57%.

The General Meeting adopted all the resolutions proposed by the Board of Directors, notably:

• the payment of a dividend of €0.70 per share in respect of 2019, with the option of receiving payment of the entire dividend in new shares¹. The ex-dividend date is set at May 13, 2020. Shareholders may opt for payment of the dividend in new shares between May 15 and May 29, 2020, inclusive. Shareholders that do not exercise the option by May 29, 2020, inclusive, will receive the total dividend in cash. The dividend will be payable from June 5, 2020;
• the appointment of Alexandre de Juniac as a director;
• the renewal of the terms of office as directors of Jean-Paul Bailly and Dominique D’Hinnin.

Therefore, Edenred’s Board of Directors now comprises 11 members and complies with the AFEP-MEDEF Code with regard to gender balance and director independence. Directors whose names are followed by an asterisk (*) are independent directors:

• Jean-Paul Bailly*
• Anne Bouverot*
• Sylvia Coutinho*
• Dominique D’Hinnin*
• Alexandre de Juniac*
• Bertrand Dumazy, Chairman and Chief Executive Officer
• Gabriele Galateri di Genola*
• Maëlle Gavet*
• Françoise Gri*, Lead Independent Director and Vice-Chairman of the Board of Directors
• Jean-Bernard Hamel, employee director
• Jean-Romain Lhomme*