(Alliance News) - Shareholders of Banco BPM Spa approved with 96 percent of the votes both the 2022 budget and the proposed dividend distribution of EUR0.23 per share, the bank announced Thursday.

They also appointed the members of the board, whose chairman will be Massimo Tononi: Giuseppe Castagna, vice-chairman Maurizio Comoli, Mario Anolli, Paolo Bordogna, Paola Ferretti, Marina Mantelli, Chiara Mio, Alberto Oliveti, Eugenio Rossetti, Manuela Soffientini, Luigia Tauro, Mauro Paoloni, Nadine Faruque, and Paolo Boccardelli join the board. Castagna was indicated for the role of managing director.

The board of auditors, meanwhile, will include the chairman, Marcello Priori, and regular members Maurizio Lauri, Nadia Valenti, Silvia Muzi, and Elbano de Nuccio, while the alternate members are Mario Tagliaferri, Marina Scandurra, and Sara Antonelli.

Banco BPM's stock is down 0.6 percent at EUR4.0760 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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