Vicat: Summary of Combined General Meeting of 13 April 2022

Rhea-AI Summary

The Vicat Group announced the successful outcome of its Combined Annual General Meeting, where all resolutions were adopted. A significant highlight is the increase in the dividend to €1.65 per share, aligning with the Board of Directors' recommendations. The company generated consolidated sales of €3.123 billion in 2021 and operates in twelve countries. Detailed voting results will be available soon on their official website. The next sales report, covering the first quarter of 2021, is set for 4 May 2022.

Positive

• Dividend increased to €1.65 per share.
• All resolutions presented at the Annual General Meeting were adopted.

Negative

• None.

L’ISLE D’ABEAU, France--(BUSINESS WIRE)-- Regulatory News:

The Vicat Group (Euronext Paris: FR0000031775 - VCT) announces today that the Group's Combined Annual General Meeting was held today.
All the resolutions presented to the Annual General Meeting were adopted, including the resolution to increase the dividend to €1.65 per share, in accordance with the recommendations of the Board of Directors.

The detailed report of the 2022 Annual General Meeting, with the voting results, will soon be posted on www.vicat.fr.

Next report:

First-quarter 2021 sales on 4 May 2022 after the market close.

About Vicat

The Vicat Group has close to 9,500 employees working in three core divisions, Cement, Concrete & Aggregates and Other Products & Services, which generated consolidated sales of €3.123 billion in 2021. The Group operates in twelve countries: France, Switzerland, Italy, the United States, Turkey, Egypt, Senegal, Mali, Mauritania, Kazakhstan, India and Brazil. Vicat, a family-owned group, is the heir to an industrial tradition dating back to 1817, when Louis Vicat invented artificial cement. Founded in 1853, the Vicat Group now operates three core lines of business: Cement, Ready-Mixed Concrete and Aggregates, as well as related activities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220413005413/en/

Investor relations contact:

Stéphane Bisseuil :

Tél. + 33 (0)1 58 86 86 05

stephane.bisseuil@vicat.fr

Press contacts:

Karine Boistelle-Adnet

Tél. +33 (0)4 74 27 58 04

karine.boistelleadnet@vicat.fr

Source: Vicat

FAQ

What is the dividend increase for Vicat Group in 2022?

The Vicat Group increased its dividend to €1.65 per share in 2022.

When is the next sales report for Vicat Group?

The next sales report for Vicat Group is scheduled for May 4, 2022.

What were Vicat Group's sales in 2021?

Vicat Group's consolidated sales were €3.123 billion in 2021.

In how many countries does Vicat Group operate?

Vicat Group operates in twelve countries.

What resolutions were adopted at the Vicat Group Annual General Meeting?

All resolutions presented, including the dividend increase, were adopted at the Vicat Group Annual General Meeting.