Falck Renewables S.p.A. shareholders approve
all proposals of the Board of Directors
at 2022 Annual General Meeting
The Board of Directors appoints
Olov Mikael Kramer as Executive Chairman
and John Hoskins Foster as Vice Chairman
Milan, Italy, 28 April 2022 – The shareholders of Falck Renewables S.p.A. have approved all the proposals by the company’s Board of Directors at its 2022 Annual General Meeting.
Approval of the Financial Statements
The shareholders approved the financial statements of Falck Renewables S.p.A. as at and for the year ended 31 December 2021, showing a net result for the year of Euro -25.5 million and resolved to carry forward the loss for the year. The shareholders also examined the consolidated financial statements as at and for the year ended 31 December 2021, which show a profit for the year of Euro 4.4 million and a net result for the year attributable to the owners of the Parent Company of Euro -18.4 million.
Annual report on the remuneration policy and compensation paid
The shareholders approved the 2022 Remuneration Policy (Section I) and agreed, in a consultative vote, on the 2021 Compensation Report (Section II).
Appointment of four Directors: Olov Mikael Kramer, John Hoskins Foster, Mark Alan Walters and Sneha Sinha
The shareholders of Falck Renewables S.p.A. confirmed the four Directors appointed by co-option by the Board of Directors on 24 February 2022: Olov Mikael Kramer, John Hoskins Foster, Mark Alan Walters and Sneha Sinha.
Board of Directors - Appointment of Olov Mikael Kramer as Chairman and John Hoskins Foster as Vice Chairman
The Board of Directors meeting at the end of the Annual General Meeting also confirmed the appointment of Director Olov Mikael Kramer as Executive Chairman of the Company's Board of Directors and as a new member and Chairman of the Sustainable Strategy Committee, and Director John Hoskins Foster as Vice Chairman.
The Executive responsible for drawing up the Company’s accounting documents, Paolo Rundeddu, certifies – in accordance with paragraph 2, article 154 bis of the Consolidated Financial Act (TUF) – that the accounting information contained in this document corresponds to documentary evidence, books and accounting records.
The final results of the Annual General Meeting of Shareholders will be made available on www.falckrenewables.com.
The Company’s and the Group’s Financial Statements are available in the Investor Relations section of www.falckrenewables.com as well as with the authorized storage mechanism eMarket STORAGE (www.emarketstorage.com).
For the transmission and storage of Regulated Information, the company uses the eMarket SDIR dissemination system and the eMarket STORAGE storage mechanism, available from www.emarketstorage.com, managed by Spafid Connect S.p.A., with registered office at Foro Buonaparte 10, Milan.
Falck Renewables S.p.A., listed on Euronext STAR Milan and included in the FTSE Italia Mid Cap Index and in the MIB ESG Index, develops, designs, builds and manages power production plants from renewable sources, with an installed capacity of 1,408 MW (1,371 MW according to the IFRS 11 reclassification) in the United Kingdom, Italy, United States, Spain, France, Norway and Sweden, using wind power, solar power, WtE and biomass technologies. The Group is a global player in the renewable energy technical advisory and asset management services business, through its wholly owned subsidiary Vector Renewables, providing asset management services to clients accounting for approximately 4,100 MW of installed capacity and with experience in more than 40 countries. Falck Renewables also provides highly specialized energy management and downstream services to both energy producers and consumers.
Visit www.falckrenewables.com and connect with us on LinkedIn and Twitter (@falckrenewables).
Giorgio Botta – Investor Relations – Tel. +39 02 2433 3338
Elena Roda – Media Relations – Tel. +39 02 2433 2297
SEC Newgate S.p.A.
Daniele Pinosa, Fabio Leoni, Fabio Santilio – Tel. +39 02 6249991
Vincenza Colucci – Tel. +39 335 6909547