The Vallourec General Shareholders' Meeting of 22 May 2025 Voted in Favor of All the Resolutions and Approved the First Dividend in a Decade

Core Points - Vallourec's General Shareholders' Meeting on May 22, 2025, approved all resolutions, marking the first dividend payment in a decade [1] - The approved dividend for the fiscal year 2024 is €1.50 per share, with an ex-dividend date of May 26, 2025, and payment scheduled for May 28, 2025 [2] - The meeting ratified the co-optation of Mr. Keith James Howell as Director for a four-year term [3] - Compensation and benefits for the Company's directors and officers for the year ended December 31, 2024, were approved, along with the compensation policy for 2025 [4] - Amendments to the Articles of Association were approved to align with Law n° 2024-537, enhancing business financing and specifying the powers of the Lead Independent Director [5] Company Overview - Vallourec is a global leader in premium seamless tubular solutions, serving energy markets and demanding industrial applications [6] - The company employs nearly 13,000 people across more than 20 countries, focusing on innovative and competitive tubular solutions [6] - Vallourec is listed on Euronext Paris and is part of several indices, including CAC Mid 60 and SBF 120 [7]