LafargeHolcim Publishes Agenda for 2021 Annual General Meeting
09 Aprile 2021 - 06:30AM
Business Wire
- Due to ongoing COVID-19 pandemic, AGM takes place without
shareholder presence
- Shareholder rights exercised via independent proxy
- Dividend of CHF 2.00/share proposed
Regulatory News:
The LafargeHolcim (Paris:LHN) Annual General Meeting (AGM) will
take place on May 4, 2021 at 10am CEST. Due to the ongoing
exceptional circumstances of the COVID-19 pandemic, the personal
attendance of shareholders on site will unfortunately not be
possible.
The Board of Directors has resolved that shareholders shall be
represented at the AGM exclusively by the independent proxy. The
Board of Directors invites shareholders to submit their questions
in advance regarding the LafargeHolcim 2020 Integrated Annual
Report and the AGM. The company’s main concern is to protect its
shareholders from any potential health risks that may arise because
of the ongoing challenging pandemic.
Dividend proposal
Shareholders will be asked to vote on compensation and to
consider a dividend proposal of CHF 2.00 per registered share of
LafargeHolcim Ltd, to be paid out of capital contribution reserves
and not subject to Swiss withholding tax.
Board changes
Oscar Fanjul has decided to step down as Vice-Chairman after
serving on the Board of LafargeHolcim since 2015.
Beat Hess, Chairman of the Board of Directors: “On behalf of the
entire Board of Directors, I sincerely thank Oscar for his
invaluable contributions since joining the Board of LafargeHolcim
in 2015. He played an instrumental role in the successful merger of
Lafarge and Holcim, and in making it the global leader in building
materials and solutions that it is today. He will be greatly
missed.”
In line with the company’s commitment to continuity of
leadership, the Board of Directors proposes the appointment of CEO
Jan Jenisch as a member of the Board of Directors in addition to
his CEO role.
Beat Hess, Chairman of the Board of Directors: “I’m very pleased
to nominate Jan Jenisch as a member of the Board of Directors. With
his broad industry experience, Jan will play a key role to support
the company’s transformation to become the global leader in
innovative and sustainable building solutions. Jan has led the
company to a new era of growth, financial strength and ESG
performance since joining in September 2017. The Board looks
forward to his contributions in developing the next strategic phase
of the company.”
Other proposed changes
At this year’s AGM, shareholders will be asked to vote on
changing the Group company name from LafargeHolcim Ltd to Holcim
Ltd. As the company transforms to become the global leader in
innovative and sustainable building solutions, the Board of
Directors recommends simplifying its name for efficiency and
impact, while building on the Group’s legacy. This name change
concerns only the Group company name. All market brands will remain
in existence, as the drivers of the company’s market success,
building value and trust for its customers and partners around the
world.
Shareholders will further be asked to vote on the move of the
company’s registered office from Jona-Rapperswil to Zug,
Switzerland, completing the company’s restructuring of its office
locations.
Climate transition report
The Board of Directors has decided to publish the company’s
first climate transition report in 2022. It will follow the
completion of the company’s work with the Science-based Targets
initiative, consistent with LafargeHolcim’s rigorous approach to
climate action. The climate transition report will be submitted to
shareholders for a non-binding vote in 2022.
ABOUT LAFARGEHOLCIM
As the world’s global leader in building solutions,
LafargeHolcim is reinventing how the world builds to make it
greener and smarter for all. On its way to becoming a net zero
company, LafargeHolcim offers global solutions such as ECOPact,
enabling carbon-neutral construction and Firestone roofing systems
for higher energy-efficiency in buildings. With its circular
business model, the company is a global leader in recycling waste
as a source of energy and raw materials through products like
Susteno, its leading circular cement. Innovation and digitalization
are at the core of the company’s strategy, with more than half of
its R&D projects dedicated to greener solutions.
LafargeHolcim’s 70,000 employees are committed to improving quality
of life across more than 70 markets through its four business
segments: Cement, Ready-Mix Concrete, Aggregates and Solutions
& Products.
More information is available on www.lafargeholcim.com Follow us
on Twitter @LafargeHolcim
Important disclaimer – forward-looking statements:
This document contains forward-looking statements. Such
forward-looking statements do not constitute forecasts regarding
results or any other performance indicator, but rather trends or
targets, as the case may be, including with respect to plans,
initiatives, events, products, solutions and services, their
development and potential. Although LafargeHolcim believes that the
expectations reflected in such forward-looking statements are based
on reasonable assumptions as at the time of publishing this
document, investors are cautioned that these statements are not
guarantees of future performance. Actual results may differ
materially from the forward-looking statements as a result of a
number of risks and uncertainties, many of which are difficult to
predict and generally beyond the control of LafargeHolcim,
including but not limited to the risks described in the
LafargeHolcim's annual report available on its website
(www.lafargeholcim.com) and uncertainties related to the market
conditions and the implementation of our plans. Accordingly, we
caution you against relying on forward-looking statements.
LafargeHolcim does not undertake to provide updates of these
forward-looking statements.
This document contains inside information within the meaning of
the Market Abuse Regulation (EU) (No 596/2014).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210408005910/en/
Media Relations: media@lafargeholcim.com +41 (0) 58 858
87 10 Investor Relations:
investor.relations@lafargeholcim.com +41 (0) 58 858 87 87