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Carbios presents the results of its Annual General Meeting of 19 June 2025 and the composition of its Board of Directors
GMGM(US:GM) GlobeNewswire News Room·2025-06-20 04:45

Core Points - CARBIOS, a pioneer in biological technologies for plastics and textiles, held its Ordinary and Extraordinary General Meeting on June 19, 2025, where all resolutions were approved except for the 21st Resolution [1][2]. Company Updates - The renewal of the term of office for several directors, including representatives from Business Opportunities for L'Oréal Development (BOLD) and Michelin Ventures, was approved [3]. - Resignations were submitted by Mr. Juan de Pablo, Ms. Amandine de Souza, and Ms. Sandrine Conseiller, effective from the close of the Annual General Meeting and June 20, 2025, respectively [4][5]. - The Board of Directors will consist of 7 directors, including 3 independent directors and one non-voting director starting June 20, 2025 [5]. New Appointments - Ms. Julie Sonies is proposed to be co-opted as an independent director to replace Ms. Sandrine Conseiller at the next Board meeting scheduled for July 1, 2025 [6]. - Ms. Sonies has over 20 years of experience in finance and investment banking, having held significant positions at various prestigious firms [7]. Company Overview - CARBIOS focuses on developing biological solutions to reinvent the life cycle of plastics and textiles, aiming to reduce pollution and promote a circular economy [8]. - The company has two main technologies for biorecycling PET and biodegrading PLA, with its biorecycling demonstration plant operational since 2021 [8]. - Construction of the world's first industrial biorecycling plant is expected to restart in the second half of 2025, pending additional funding [8].