ZAVAROVALNICA TRIGLAV, d.d., Ljubljana
First information on the 48th General Meeting of Shareholders of Zavarovalnica Triglav
In accordance with the Ljubljana Stock Exchange Rules and the applicable legislation, ZAVAROVALNICA TRIGLAV d.d., Ljubljana is hereby publishing the following notice:
At the 48th General Meeting of Shareholders of Zavarovalnica Triglav the shareholders supported the Management Board's and the Supervisory Board's proposal to pay EUR 2.50 gross dividend per share. The General Meeting of Shareholders took note of the 2022 Annual Report, granted a discharge to both the Supervisory Board and the Management Board for 2022 and appointed two new Supervisory Board members, shareholder representatives.
Today, at the 48th General Meeting of Shareholders of Zavarovalnica Triglav, the shareholders passed the Management Board's and the Supervisory Board's proposal to allocate EUR 56.8 million for dividend payment or EUR 2.50 gross per share. This represents more than 50% of the Triglav Group's net profit for 2022 and a 7% dividend yield. The dividend will be paid to the shareholders appearing in the Company's share register on Tuesday, 20 June 2023 (the ex-dividend date is Monday, 19 June 2023). Andrej Slapar, President of the Management Board of Zavarovalnica Triglav, said: “I thank the shareholders for their trust. With regard to the dividend payment, we are pleased that after years marked by the effects of the pandemic we can once again implement the dividend policy as we have outlined it. This means that its implementation is sustainable in terms of growth, development and financial stability of the Triglav Group as well as attractive for our shareholders."
The shareholders took note of the Annual Report of the Triglav Group and Zavarovalnica Triglav for 2022 and granted a discharge to both the Management Board and the Supervisory Board for 2022. Tim Umberger and Monica Cramer Manhem were appointed new Supervisory Board members, shareholder representatives.
The General Meeting of Shareholders approved Zavarovalnica Triglav's remuneration report for 2022, while the consultative resolution on its remuneration policy was not adopted. The remuneration policy applies at Zavarovalnica Triglav and complies with the law, but it is not fully in line with this year's version of recommendations of the shareholder SDH, which was published after convening the General Meetings of Shareholders of Zavarovalnica Triglav. These recommendations will be examined by the time the next regular General Meeting of Shareholders of Zavarovalnica Triglav takes place.
This information will be published on the website of Zavarovalnica Triglav d.d. at www.triglav.eu as of 6 June 2023 and will remain available on the Company's public website for a period of at least five years.
Management Board of Zavarovalnica Triglav d.d.