PIRELLI: SHAREHOLDERS MEETING CALLED FOR 15 JUNE 2021 : vima

PIRELLI: SHAREHOLDERS MEETING CALLED FOR 15 JUNE 2021


PIRELLI: SHAREHOLDERS MEETING CALLED FOR 15 JUNE 2021
PARTICIPATION OF SHAREHOLDERS WILL BE THROUGH THE APPOINTED REPRESENTATIVE
corporate-investors
Milan, 20 April 2021 – Pirelli & C. S.p.A. announces that today it is called – in ordinary session – a Shareholders’ Meeting in Milan, Via Agnello no. 18, at the offices of Studio Notarile Marchetti, at 10.00 a.m. on Tuesday 15 June 2021 in sole call.
As well as deliberating with regard to the 2020 financial statements and the allocation of result and distribution of dividends, the Shareholders’ Meeting shall also resolve upon the appointment of Giorgio Luca Bruno as member of the Board of Directors, and - through the slates system – the appointment of the new Board of Statutory Auditors for the next 3-year period, determining the relative compensation and appointing the Chairman. The Shareholders’ Meeting shall also be called to approve the remuneration policy for 2021 financial year, to express an advisory vote on the compensations paid in 2020 and to approve the adoption of the 3-year monetary incentive plan for the period 2021/2023 for the Pirelli Group’s management. With regard to the prior three-year monetary incentive plan for the period 2020/2022 approved by the Shareholders’ Meeting on 18 June 2020, the Shareholders’ Meeting shall also resolve upon the adjustment of the cumulative Group Net Cash Flow (before dividends) objective and upon the option to normalize the potential effects on the relative Total Shareholder Return objective following the acquisition of Cooper by Goodyear (at the beginning of 2021), included in the reference panel of the TSR objective.

Related Keywords

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