Here’s how the Iveco Group Annual General Meeting went
Iveco Group shareholders have approved all the resolutions proposed by the Board of Directors at the Annual General Meeting held in Amsterdam. Well, but what were the resolutions on the agenda? Or rather, what was resolved by the Board of Directors of Iveco Group? Simply put, shareholders have: The full report of the Iveco Bus […]
Iveco Group shareholders have approved all the resolutions proposed by the Board of Directors at the Annual General Meeting held in Amsterdam. Well, but what were the resolutions on the agenda? Or rather, what was resolved by the Board of Directors of Iveco Group? Simply put, shareholders have:
- adopted the 2024 Annual Financial Statements;
- approved the proposal to distribute a cash dividend of euro 0.33 per outstanding Common Share after due discussion of the Company’s Policy on additions to reserves and on dividends. IVG Common Shares will be quoted ex-dividend on 22nd April 2025. The record date for the dividend will be 23rdApril 2025 and the dividend will be paid on 24th April 2025;
- expressed a majority of votes in favour of the Remuneration Report for the Financial Year 2024;
- granted Executive and Non-Executive Directors discharge from liability for the exercise of their duties in the Financial Year 2024;
- (re)appointed Suzanne Heywood and Olof Persson as Executive Directors, (re)appointed Judy Curran, Tufan Erginbilgic, Clara Fain, Essimari Kairisto, Linda Knoll, Alessandro Nasi, and Lorenzo Simonelli as Non-Executive Directors of the Company. Subsequently, the Board appointed Ms Heywood, Mr Persson and Mr Simonelli as Chair, Chief Executive Officer and Senior Non-Executive Director, respectively;
- re-appointed Deloitte Accountants B.V. as the Company’s Independent Auditor;
- approved an amended Remuneration Policy, with retrospective effect for the full year 2025 and replacing the Remuneration Policy adopted in December 2021;
- authorised the assignment of equity awards to the Executive Directors under the Long-Term Incentive Plan 2025-2029;
- authorised the Board to repurchase up to 10,000,000 Common Shares with a maximum total allocation of €130,000,000 for a period of 18 months from the date of the AGM. The new authorisation replaces the pre-existing one granted by the AGM on 17th April 2024.
The full report of the Iveco Bus Annual General Meeting is available HERE
