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Analysis of Saipem AGM & EGM of 17 May 2022

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Ordinary Agenda
1. Financial statements at 31 December 2021
2. Binding vote on the remuneration policy
3. Advisory vote on the remuneration paid in 2021
4. New 2022 Short-Term Incentive Plan

Extraordinary Agenda
1. Proposal to reduce the share capital due to the losses for FY 2021 and authorization to increase the share capital through a rights issue of €2 billion, and the associated reverse stock split transaction
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