Nestlé releases the results from its Annual General Meeting Mittwoch, 16. April 2025 - 18:10
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| Press releaseLausanne, April 16, 2025 |
| Nestlé releases the results from its Annual General Meeting Nestlé S.A. held its 158th Annual General Meeting (AGM) today at the SwissTech Convention Center in Lausanne. Shareholders approved all of the Board of Directors' proposals. 986 shareholders or their proxies attended the event in person, representing 58.5 percent of the capital and 80.3 percent of the shares entitled to vote. The Independent Representative acted on behalf of 99.4 percent of shares represented at the AGM. Laurent Freixe, Nestlé CEO, was elected to Nestlé S.A.'s Board of Directors. The Chairman and all other members of the Board of Directors were re-elected for a term of office until the end of the next Annual General Meeting. Shareholders also elected the members of the Compensation Committee for a one-year term. Pablo Isla will continue in his role of Lead Independent Director and Vice Chairman, and he will chair the Board's Nomination Committee. Dick Boer will continue to chair the Compensation Committee. Hanne de Mora and Renato Fassbind will continue to chair the Sustainability Committee and the Audit Committee, respectively. The annual review and the financial statements were approved, as were the proposed dividend of CHF 3.05 per share and the capital reduction. The dividend represented an increase of 5 centimes over the previous year and was the 29th increase in a row. Shareholders also voted on and approved Nestlé's Non-Financial Statement for 2024. They also approved the Compensation Report 2024 as well as the total compensation budgets for Nestlé's Board of Directors and Executive Board. Ernst & Young Ltd was re-elected as statutory auditors for the financial year 2025. For the year ahead, the Board and its different committees will be composed as follows: Board of Directors Chair's and Corporate Governance Committee Compensation Committee Nomination Committee Sustainability Committee Audit Committee All information on the AGM, including the addresses of the Chairman and the CEO as well as the detailed voting results, can be found in Events.
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