Stevanato Group Announces Results of Annual General Meeting
24 Maggio 2024 - 10:10PM
Business Wire
-All Resolutions Proposed to Shareholders
Passed-
Stevanato Group S.p.A. (NYSE: STVN), a leading global provider
of drug containment, drug delivery and diagnostic solutions to the
pharmaceutical, biotechnology and life sciences industries today
announced that all resolutions proposed to the Shareholders at the
Annual General Meeting of Shareholders (“AGM”) held virtually on
May 22, 2024, have passed.
Details of the resolutions submitted to, and approved by, the
AGM are included in the explanatory report prepared by the Board of
Directors of the Company, which is available on the Company’s
corporate website at https://ir.stevanatogroup.com/.
Shareholders approved, among other things, the annual financial
statements for the financial year ended on December 31, 2023 and
the allocation of annual net profits for the year, including a
distribution of dividends in the amount of EUR 0.053 for each
outstanding Class A and ordinary share of the Company, net of the
treasury shares.
A Board of Directors consisting of twelve members was appointed,
comprising Sergio Stevanato, Franco Stevanato, Madhavan
Balachandran, Fabrizio Bonanni, Fabio Buttignon, William Federici,
Donald Eugene Morel Jr., Franco Moro, Alvise Spinazzi and Paola
Vezzaro (who were also members of the previous board), together
with Karen Flynn and Luciano Santel (who are newly appointed).
In addition, shareholders granted to the Board of Directors –
due to the expiration of the existing authorizations – a new
authorization for the purchase and the disposal of ordinary and
Class A treasury shares for the period and purposes indicated in
the explanatory report.
Further information regarding the AGM is available on the
investors’ section of Stevanato Group’s corporate website at
https://ir.stevanatogroup.com/, including the full text of the AGM
notice, explanatory report and other AGM materials.
Shareholders may request a hard copy of AGM materials, free of
charge, by emailing legal@stevanatogroup.com.
About Stevanato Group
Founded in 1949, Stevanato Group is a leading global provider of
drug containment, drug delivery and diagnostic solutions as well as
engineering solutions to the pharmaceutical, biotechnology and life
sciences industries. Stevanato Group delivers an integrated,
end-to-end portfolio of products, processes and services that
address customer needs across the entire drug life cycle from
development to clinical and commercial stages. Stevanato Group’s
core capabilities in scientific research and development, its
commitment to technical innovation and its engineering excellence
are central to its ability to offer value added solutions to
clients.
For more information, please visit www.stevanatogroup.com.
Forward Looking Statements
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Certain statements contained in this press release, including
statements regarding the appointment of the new Board of Directors
and the accomplishment of the Company’s future goals, are
forward-looking statements based on Stevanato Group’s current
assumptions, expectations and beliefs and involve substantial risks
and uncertainties that may cause results, performance or
achievement to materially differ from those expressed or implied by
these forward-looking statements. These statements are not
guarantees of future performance and are subject to a number of
risks and uncertainties, including market conditions and Stevanato
Group’s results of operations. As such, the reader should not place
undue reliance on these forward-looking statements, as there can be
no assurances that the plans, initiatives or expectations upon
which they are based will occur. For a description of additional
factors that could cause the Company’s future results to differ
from those expressed in any such forward-looking statements, refer
to the risk factors discussed under “Risk Factors” in the Company’s
Annual Report on Form 20-F for the year ended December 31, 2023
filed with the SEC on March 7, 2024. All forward-looking statements
in this press release are based on information currently available
to Stevanato Group and speak only as of the date of this press
release, and Stevanato Group assumes no obligation to update these
forward-looking statements in light of new information or future
events, except as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240524718924/en/
Media Stevanato Group media@stevanatogroup.com
Investor Relations Lisa Miles
lisa.miles@stevanatogroup.com
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