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PARIS – (BUSINESS WIRE) – Regulatory news:
Getlink (Paris: GET):
In view of the current restrictions and in accordance with the measures adopted by the government to slow the spread of the Covid-19 pandemic, the combined general meeting of shareholders of Getlink, scheduled for April 28, 2021 at 10:00 a.m., will be held behind closed doors, without the physical presence of its shareholders or any other person authorized to attend.
Getlink has taken measures to facilitate remote voting, so that shareholders can vote without being present at the general meeting via remote voting solutions (postal or proxy voting) and online via the secure voting platform VOTACCESS.
In order to promote shareholder dialogue, which Getlink particularly values, an exceptional system will be set up to broadcast the meeting live and a recording will be placed on the company’s website.
Following the separation of the functions of Chairman and Chief Executive Officer and the gradual rotation of its members, the Board of Directors will propose to the general meeting to appoint Yann Leriche, Chief Executive Officer, and Mark Cornwall, British representative of contractual employees, on Board of Directors, following the end of the mandate of Peter Levene and the retirement of Tim Yeo1 to have now exceeded 12 years of mandate.
The Board of Directors is delighted with this development and the enrichment of employee representation on the Board. Jacques Gounon, Chairman of the Board of Directors warmly thanks Tim Yeo and Peter Levene for their invaluable contributions to the work of the Board of Directors in the preparation of Brexit and in the context of the Covid-19 crisis.
The board exercised its responsibility by ensuring the safety of customers and employees, by implementing measures to control operating costs and by optimizing capital expenditure. Getlink did not seek any government guaranteed loans, government guarantees, or tax deferrals. A solidarity contribution to the collective effort of employees on leave, it was accompanied by a reduction in attendance fees and the remuneration of corporate officers and directors, as well as members of the executive committee and key executives.
Confident in its long-term prospects, Getlink confirms its commitment to return to shareholders and will propose to the general meeting to be held on April 28, 2021 to vote for the distribution of a dividend of € 0.05 per share giving right to the dividend.
The invitation to the meeting of April 7, 20212 includes the detailed agenda and draft resolutions, as well as the main methods of participation and voting at this meeting. The opinion and reports of the Board of Directors, including that on the draft resolutions, as well as the other preparatory documents and information relating to this meeting, can be consulted on the aforementioned site, made available or communicated to the shareholders in accordance with under the conditions and deadlines provided for by the applicable legal and regulatory provisions. Shareholders are invited to regularly consult the section devoted to the general meeting on the website www.getlinkgroup.com, in order to have access to the most recent information about the meeting.
Yann Leriche, 47, a graduate of the École Polytechnique (1997), then of the École des Ponts et Chaussées, the College of Engineers and ESCP Europe, began his career in the public sector, first as head of road infrastructure project, then in the construction and operation of public transport systems. After a long experience at Bombardier Transport where he became head of the “Guided Light Transit” transport systems department, Yann Leriche joined the Transdev group in 2008. Initially CEO of Transamo, he then became CEO of the German subsidiary Transdev SZ then director deputy for transit activities in North America in 2012. In 2014, he was appointed Group Performance Director and member of the Executive Committee. From 2017 to 2020, he was CEO of Transdev North America, in charge of the group’s American and Canadian operations (17,000 employees, $ 1.4 billion in revenue and serving more than 100 cities and towns with seven modes of transport. different transport) and was also in charge of the worldwide development of Transdev’s autonomous vehicle activities. Yann Leriche joined Getlink SE as Chief Executive Officer in July 2020.
Mark Cornwall, 53, joined the Group in 1993, after having participated in the construction of the tunnel for five years (Norwest Holst), on the construction of the overbridge one. He then joined Balfour Beatty as an overhead lineman on the installation of the catenary system. Once the catenary system was completed, he joined Eurotunnel as a catenary technician before being appointed catenary group leader in 2009. During this time, he was appointed representative of the works council (a role in addition to the group leader) then elected as head of the works council in 2003. He has also played an active role in the European works council, in close collaboration with his French colleagues for 18 years.
1 These changes will take effect at the end of the general meeting of April 28, 2021
2 BALO April 7, 2021
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Source: GETLINK SE