ALBIOMA : General Meeting of 27 May 2019

Press release Paris La Défense, 27 May 2019 General Meeting of 27 May 2019 Approval of all resolutionsMerging of the roles of Chairman of the Board of Directors and of Chief Executive OfficerAppointment of Florence Lambert and Frank Lacroix as DirectorsThe Annual General Meeting of...

London, 27/05/2019 (informazione.news - comunicati stampa - energia)

Paris La Défense, 27 May 2019

Approval of all resolutions

Merging of the roles of Chairman of the Board of Directors and of Chief Executive Officer

Appointment of Florence Lambert and Frank Lacroix as Directors

The Annual General Meeting of Albioma of 27 May 2019 overwhelmingly approved all resolutions put to it. Detailed voting results and information as to the quorum will shortly be published on the Company's website, www.albioma.com, under

Following the General Meeting, the Board of Directors confirmed its decision, announced in March 2018, to merge the roles of Chairman of the Board of Directors and of Chief Executive Officer, thereby marking the end of the transition period that began on 1 June 2016 with the appointment of Frédéric Moyne as Chief Executive Officer. Frédéric Moyne thereby succeeds Jacques Pétry as Chairman of the Board of Directors, the latter having resigned as Chairman of the Board of Directors and as Director.

Jacques Pétry said:

Frédéric Moyne, Chairman and Chief Operating Officer of Albioma, said:

The Board of Directors welcomes two new members. Florence Lambert, whose nomination was approved by the General Meeting, takes up the role of independent Director to succeed Valérie Landon, who had not sought reappointment. Frank Lacroix has been co-opted as an independent Director to succeed Jacques Pétry.

Pierre Bouchut, an independent Director since 2018, has been appointed Lead Independent Director, custodian of the balance of power on the Board of Directors following the merger of the roles of Chairman of the Board of Directors and of Chief Executive Officer.

Florence Lambert, 46 years of age, has been Head of the Innovation Laboratory for New Energy Technology and Nanomaterials (LITEN) at the French Atomic Energy and Alternative Energy Commission (CEA) since 2013, and is Director of Syndicat des énergies renouvelables (SER) where she chairs the Industry, Employment and Innovation Committee.

Frank Lacroix, 55 years of age, has the benefit of a long career in the energy sector, during which time he has been Chairman and Chief Executive Officer of Dalkia (2011-2014), member of the Executive Committee of Veolia, and European Director in EDF's International Division (2014-2016).

Lastly, the General Meeting approved the payment of a dividend of €0.65 per share. This dividend will be raised to €0.71 for shareholders whose shares have been continually registered in their name since 1 January 2017, up to a maximum of 0.5% of the share capital. Shareholders will have the option, from 13 June 2019 to 4 July 2019 inclusive, to elect for payment of half of their dividend in new shares, which will be issued at a unit price of €17.91. The remainder of the dividend will be paid in cash. The dividend will be paid and any new shares delivered on 10 July 2019.

Next on the agenda: results for the first half of the 2019 financial year, on 24 July 2019 (after trading).