menu
 
 

REN

Press Releases Press Releases
Press Releases

Media

‹ BACK

REN 2022 Annual General Shareholders' Meeting approves all points with a large majority

 

REN 2022 General Shareholders' Meeting was held on the morning of April 28, by telematic means and with a quorum of 53.03%, and approved the following resolutions:

Item 1 - Approval of the consolidated and individual accounts' reporting documents referring to the financial year ended on December 31st, 2021, accompanied, notably, by the legal certification of the accounts, the opinion of the supervisory body, the report of the Audit Committee, the corporate governance report, the non-financial consolidated statement and the remuneration report;

Item 2 - Allocation of net profits in relation to the financial year ended on December 31st, 2021, as proposed by the Board of Directors, including the payment of a gross dividend amount of 0.154 Euros per share, as follows:

  • To the legal reserve: 5,039,577.16 euros (five million, thirty-nine thousand, five hundred and seventy-seven euros and sixteen cents);
  • To retained earnings: 95,751,965.96 euros (ninety-five million, seven hundred and fifty-one thousand, nine hundred and sixty-five euros and ninety-six cents).
  • As dividends to shareholders from accumulated available reserves: 102,747,454.35 euros (one hundred and two million, seven hundred and fourty seven thousand, four hundred and fifty-four euros and thirty-five cents), corresponding to a distribution of 105.8% of REN consolidated profit for the financial year of 2021, standing at 97,152,525.06 euros (ninety-seven million, one hundred and fifty-two thousand, five hundred and twenty-five euros and six cents);
  • For distribution to the employees of REN and its subsidiaries: 3,600,000.00 euros (three million, six hundred thousand euros). Due to the accounting rules in force, this amount is already reflected in the net profit of the financial year ended on 31 December 2021 of REN (193,000.00 euros - one hundred and ninety-three thousand euros) and its subsidiaries (3,407,000.00 euros - three million, four hundred and seven thousand euros).


Item 3 - Approval of a vote of positive appraisal and praise to the Board of Directors, the Audit Committee and the Statutory Auditor for the performance of their duties during the 2021 financial year, in accordance with articles 376(1) and 455(1) of the Portuguese Companies Code;

Item 4 - Granting of authorization to the Board of Directors for the acquisition and sale of treasury shares by REN and its present and/or future subsidiaries, according to the proposal presented by the Board of Directors;

Item 5 - Granting of authorization to the Board of Directors for the acquisition and sale of own bonds or other securities or debt securities issued by REN and its present and/or future subsidiaries, according to the proposal presented by the Board of Directors;

Item 6 - Amendment of the remuneration policy of the members of the management and supervisory bodies and of the General Shareholders Meeting Board, according to the proposal presented by the Remuneration Committee.

All proposals were approved unanimously or by a majority of more than 99%.