Séché Environnement: Combined General Meeting of April 29, 2022

Rhea-AI Summary

Séché Environnement held its Combined General Meeting with 84.17% of share capital represented. Key discussions included 2021 activity results and 2022 outlook. A dividend of €1.00 per share was approved, up from €0.95 for 2020. All resolutions passed except for one regarding regulated agreements. The meeting saw no questions from attendees. The results of votes will be available from May 2, 2022, on the company’s website. Séché Environnement generated a €736 million turnover in 2021, with 28% from international operations.

Positive

• Approved a dividend increase to €1.00 per share from €0.95 in 2020.
• All resolutions passed, supporting business continuity.

Negative

• Resolution regarding regulated agreements was not approved.

PUBLICATION OF MINUTES OF MEETING

CHANGÉ, France--(BUSINESS WIRE)-- Regulatory News:

Séché Environnement (Paris:SCHP):

The Combined General Meeting was held today from 10 a.m. to 11 a.m. at the Company's registered office in Changé, with all shareholders in attendance or represented totaling 84.17% of the share capital and 89.10% of the voting rights.

The Board was comprised as follows:

- Chairman: Joël Séché, Chairman of the Board of Directors

- Scrutineers:

• The Séché Croissance employee savings plan represented by Manuel Andersen
• Madame Pascaline de Dreuzy, independent Member of the Board

- Secretary: Neil Curtis, Group Legal Director.

Maxime Séché, CEO, and Baptiste Janiaud, CFO, commented on the key points regarding activity and results for the year 2021. They also presented business activity as at March 31, 2022 and the outlook for activity and results for the current financial year, together with the economic and financial trajectory through to 2025.

The Chairman noted that no written questions had been submitted to the Board of Directors and subsequently handed over to the shareholders in attendance of the meeting for oral questions. No question was asked by the attendees.

The Chairman then proceeded to the taking of votes on resolutions.

All proposed resolutions were approved, excepted resolution 4 on regulated agreements.

Notably, the meeting approved those relating to the accounts and appropriation of income in 2021, providing for the distribution of a dividend of €1.00 per share compared to €0.95 for the financial year 2020.

The meeting also renewed the directorship of Philippe Valletoux.

The result of the votes by resolution, together with the minutes of meeting, will be available for consultation from May 2, 2022 on the Company website:

https://www.groupe-seche.com/en/investors/meeting

Next Release

Consolidated results as of June 30, 2022: September 12, 2022, after market close

About Séché Environnement

Séché Environnement is a leading player in waste management, including the most complex and hazardous waste, and in environmental services, particularly in the event of an environmental emergency.
Thanks to its expertise in the creation of circular economy loops, decarbonization and hazard control, the group has been contributing to the ecological transition of industries and territories, as well as to the protection of the living world, for nearly 40 years. A French family-owned industrial group, Séché Environnement deploys the cutting-edge technologies developed by its R&D department at the heart of territories, in more than 120 locations in 15 countries, including some fifty industrial sites in France. With nearly 5,000 employees, including 2,300 in France, Séché Environnement generated a turnover of €736 million in 2021, 28% of which was generated internationally.
ISIN : FR 0000039139 – Bloomberg : SCHP.FP – Reuters : CCHE.PA

View source version on businesswire.com: https://www.businesswire.com/news/home/20220429005277/en/

SÉCHÉ ENVIRONNEMENT

Manuel Andersen

Head of Investor Relations

m.andersen@groupe-seche.com

+33 (0)1 53 21 53 60

Source: Séché Environnement

FAQ

What was the outcome of the Séché Environnement General Meeting held on April 29, 2022?

The meeting approved a dividend increase to €1.00 per share and all resolutions except one on regulated agreements.

What is the dividend payout for Séché Environnement in 2022?

Séché Environnement approved a dividend payout of €1.00 per share for the year.

When will the voting results from Séché Environnement's meeting be available?

The voting results will be available from May 2, 2022, on the company’s website.

What percentage of shareholders attended the Séché Environnement meeting?

84.17% of the share capital and 89.10% of voting rights were represented at the meeting.

What was Séché Environnement's revenue in 2021?

Séché Environnement generated a turnover of €736 million in 2021.