Finance

SUEZ welcomes the strong support expressed by its shareholders at the General Meeting and confirms that Q2 has seen a continuation of the recovery observed in Q1

The SUEZ General Meeting, which was held as a closed session on 30 June 2021 at the company’s headquarters and chaired by Mr. Philippe Varin, adopted all the resolutions submitted to it. The General Meeting approved the 2020 accounts as well as the payment of a cash dividend of 0.65 euro per share. The dividend will be detached on 6 July 2021 and paid on 8 July 2021.
The Group is very pleased to have received the strong support of its shareholders. 40.9% of the shareholders attended the General Meeting, it being specified that the exercise of the voting rights attached to the 187,810,000 shares held by Veolia, which represent 29.38% of the capital, was suspended in accordance with the applicable regulations.

The General Meeting also ratified the appointments of Bertrand Meunier, Jacques Richier, Anthony R. Coscia and Philippe Petitcolin as directors. The Board of Directors is composed of 14 members, 82% of whom are independent and 45% of whom are women1.

The remuneration policy for each of the company directors was approved, as was the remuneration paid or awarded to them during the past fiscal year.

Comments on Q2 2021 activity

Julian Waldron, Group Senior Executive Vice President in charge of Finance, commented on the Group’s business trends in the second quarter of 2021.

As at end June 2021, activity is broadly in line with the performance recorded in the first quarter, showing not only a strong recovery compared to last year but also an increase over 2019.
The actions taken to improve the Group’s operational performance are continuing to bear fruit in order to support both profitability and cash generation.
In an environment that remains volatile, the Group is firmly on track for 2021 and confirms all of its targets.

The webcast of the General Meeting, the presentations, and the results of the votes on the resolutions are available on the SUEZ website (www.suez.com).

UPCOMING EVENTS:
•    6 July 2021: Ex-dividend date
•    8 July 2021: Dividend payment date
•    29 July 2021: Publication date for H1 2021 results
•    28 October 2021: Publication date for results for the first nine months of 2021
1 In accordance with the AFEP-MEDEF Code, these figures (9 independent directors, 5 of whom are women) do not include salaried directors or the director representing employee shareholders.

Contacts

Press: Isabelle Herrier Naufle
suez.media@suez.com +33 (0)6 32 18 39 54
Analysts & Investors: Cécile Combeau - Baptiste Fournier - Julien Minot
+33 1 58 81 24 05