Zavarovalnica Triglav d d : Shareholders to receive EUR 2.50 gross dividend per share
June 06, 2023 at 08:48 am EDT
Share
At the 48th General Meeting of Shareholders of Zavarovalnica Triglav the shareholders supported the Management Board's and the Supervisory Board's proposal to pay EUR 2.50 gross dividend per share. The General Meeting of Shareholders took note of the 2022 Annual Report, granted a discharge to both the Supervisory Board and the Management Board for 2022 and appointed two new Supervisory Board members, shareholder representatives.
Today, at the 48th General Meeting of Shareholders of Zavarovalnica Triglav, the shareholders passed the Management Board's and the Supervisory Board's proposal to allocate EUR 56.8 million for dividend payment or EUR 2.50 gross per share. This represents more than 50% of the Triglav Group's net profit for 2022 and a 7% dividend yield. The dividend will be paid to the shareholders appearing in the Company's share register on Tuesday, 20 June 2023 (the ex-dividend date is Monday, 19 June 2023). Andrej Slapar, President of the Management Board of Zavarovalnica Triglav, said: "I thank the shareholders for their trust. With regard to the dividend payment, we are pleased that after years marked by the effects of the pandemic we can once again implement the dividend policy as we have outlined it. This means that its implementation is sustainable in terms of growth, development and financial stability of the Triglav Group as well as attractive for our shareholders."
The shareholders took note of the Annual Report of the Triglav Group and Zavarovalnica Triglav for 2022 and granted a discharge to both the Management Board and the Supervisory Board for 2022. Tim Umberger and Monica Cramer Manhem were appointed new Supervisory Board members, shareholder representatives.
The General Meeting of Shareholders approved Zavarovalnica Triglav's remuneration report for 2022, while the consultative resolution on its remuneration policy was not adopted. The remuneration policy applies at Zavarovalnica Triglav and complies with the law, but it is not fully in line with this year's version of recommendations of the shareholder SDH, which was published after convening the General Meetings of Shareholders of Zavarovalnica Triglav. These recommendations will be examined by the time the next regular General Meeting of Shareholders of Zavarovalnica Triglav takes place.
Zavarovalnica Triglav dd published this content on 06 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2023 12:47:08 UTC.
Zavarovalnica Triglav dd is Slovenian-based company principally engaged in the insurance and financial services. Zavarovalnica Triglav dd is the controlling company of the Triglav Group which offers insurance, asset management and banking services. Zavarovalnica Triglav dd, Zdrastvena zavarovalnica dd and Pozavarovalnica Triglav Re dd provide wealth, life, voluntary additional pension and health insurances. The insurance sector of the Company also operates in the Czech Republic, Croatia, Bosnia and Hercegovina, Montenegro, Serbia and Macedonia. Through Triglav DZU ddo, Triglav Nalozbe financna druzba dd and Triglav nepremicnine dd the Company provides investment fund management, real estate and banking services. As of June 22, 2012, the Company acquired a 100% stake in Investicijsko podjetje, Trgovanje z lastnimi nepremicninami doo from Sava dd.