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ANNUAL GENERAL MEETING OF 12 MAY 2015

ANNUAL GENERAL MEETING

The Annual General Meeting of SEB SA shareholders took place in Paris on 12 May and was chaired by Thierry de La Tour d’Artaise, Chairman and CEO.
2,450 shareholders either attended the meeting, were represented or had voted by correspondence, representing 76.9% of the capital and 82.7% of the voting rights at the AGM.

The AGM approved the financial statements and consolidated accounts for the 2014 financial year and decided on a dividend payment of €1.44 per share, an increase of 3.6% compared with the dividend paid in 2014 for the 2013 financial year.

Assemblée Générale 1

The AGM approved the financial statements and consolidated accounts for the 2014 financial year and decided on a dividend payment of €1.44 per share, an increase of 3.6% compared with the dividend paid in 2014 for the 2013 financial year.

The AGM also largely approved all of the resolutions that had been proposed, in particular:

  • The renewal for four years of the terms of office of Hubert FEVRE and Cédric LESCURE;
  • The appointment of William GAIRARD to the position of director, replacing Jacques GAIRARD, whose term of office expires;
  • The renewal and appointment of statutory auditors;
  • The standard financial authorisations for issuing securities, stocks and bonds, including capital increases reserved for employees.

As for previous years, the dividend is increased by a loyalty bonus of 10% for shareholders registered for more than two years. The coupon was detached on 15 May and the dividend payment was made on 19 May 2015.

The AGM was also an opportunity to celebrate 40 years of the SEB share, which was first listed on the stock exchange on 27 May 1975, to look back over the growth of the Group since then and to thank those who have been shareholders from the outset and who were present in the room. See our article 1975-2015, 40 years of share listing

A special opportunity

The Annual General Meeting is an important occasion for the Group and its shareholders. Representing a genuine opportunity to exchange ideas and have discussions with the management team, it provides a better understanding of the Group’s strategy and the main issues it faces.

With this in mind, Thierry de La Tour d’Artaise, Chairman and CEO, Bertrand Neuschwander, Chief Operating Officer, and Vincent Léonard, Senior Executive Vice-President, Finance, reviewed the 2014 results, presented the Group’s performance for the 1st quarter 2015 and highlighted the Group’s solid fundamentals and the relevance of a long-term strategy, based on equality and flexibility.

As well as voting on resolutions, the Annual General Meeting represented an opportunity for shareholders to express their opinions and ask questions. The discussions were particularly intense and touched on topics that were as varied as the macro-economic climate and recent crises, the Group’s international presence, its industrial policy, R&D, the creation of new product categories, connected products and partnerships.

 

Revoir l’AG en webcast

See the video of the full presentation and all the discussions that took place.

ANNUAL GENERAL MEETING OF 12 MAY 2015