Strengthening Financial Structure
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Minutes of the General Meeting of 14 May 2025 and additional information on the plan to reinforce the financial position
Globenewswire· 2025-05-14 17:20
Governance Changes - Jean-Pierre Duprieu did not renew his term as Chairman of the Board of Directors, with Sylvia Metayer succeeding him [1][2] - The terms of office for Anne Lalou and Philippe Lévêque as Directors were renewed for one and three years, respectively, and Olivier Bogillot was appointed as a new Director for three years [3] - Kévin Kaffazi was appointed to succeed Marie-Christine Leroux as Employee Director following the General Meeting [4] General Meeting Attendance and Decisions - The General Meeting had 252,755,285 shares represented, accounting for 71.04% of the total voting shares [5] - All 30 resolutions proposed by the Board of Directors were adopted during the General Meeting [6] Financial Structure Reinforcement Plan - Clariane announced a four-part plan to strengthen its financial structure, aiming for approximately €1 billion in gross disposal proceeds by the end of 2025 [8][9] - The plan includes the disposal of operational and real-estate assets and forming asset partnerships to improve financial leverage and reduce debt [8]