Outcome of Solvay’s General Shareholders Meeting
Brussels, May 13, 2015 ---Solvay yesterday held its General Shareholders Meeting at The Square – Brussels Meeting Center, at the heart of the city of Brussels.
Shareholders voted in favor of all the resolutions proposed. More specifically, the shareholders approved the payment of a gross dividend of € 3.40 per share for the fiscal year 2014, which is higher than in the previous year. After deduction of the prepayment made on January 22, 2015, of € 1.3* gross per share, the balance of the gross dividend amounts to € 2.06** gross per share (or € 1.55 net), payable on May 19, 2015.
During the General Shareholders Meeting, shareholders also approved the nomination of Marjan Oudeman as Director with a mandate of four years. The nomination of Ms Oudeman raises the number of women on Solvay's Board of Directors to five out of 15 members in total.
Details of the resolutions and voting results as well as a replay of the shareholder meeting are available on Solvay’s website, Investors section.
As an international chemical group, SOLVAY assists industries in finding and implementing ever more responsible and value-creating solutions. Solvay generates 90% of its net sales in activities where it is among the world's top three players. It serves many markets, varying from energy and the environment to automotive and aeronautics or electricity and electronics, with one goal: to raise the performance of its clients and improve society's quality of life. The group is headquartered in Brussels, employs about 26,000 people in 52 countries and generated 10.2 billion euros in net sales in 2014. Solvay SA (SOLB.BE) is listed on EURONEXT Brussels and EURONEXT Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).