edp announcement

EDPR informs on resolutions of the Annual General Shareholders Meeting

Thursday, 04 April 2024

Madrid, April 4th, 2024: EDP Renováveis, S.A. (“EDPR”) informs that at the Annual General Shareholders’ Meeting held today, Shareholders have adopted the following resolutions:

1) Approval of the individual annual accounts of EDP Renováveis, S.A., as well as those consolidated with its subsidiaries, corresponding to the fiscal year ended up on December 31st, 2023.

2) Approval of the proposal of allocation for the results corresponding to the fiscal year ended on December 31st, 2023.

3) Approval of the shareholders’ remuneration mechanism by means of a scrip dividend to be executed as a share capital increase charged against reserves, in a determinable amount, through the issuance of new ordinary shares of €5 of face value, without share premium, of the same class and series as the ones currently issued, including a provision for the incomplete take-up of the shares to be issued in the share capital increase.

4) Approval of the Individual Management Report of EDP Renováveis, S.A., the Consolidated Management Report with its subsidiaries, the Corporate Governance Report and the Directors’ Remunerations Report, corresponding to the fiscal year ended on December 31st, 2023.

5) Approval of the Non-Financial Information Statement of the Consolidated Group of EDP Renováveis, S.A., corresponding to the fiscal year ended on December 31st, 2023.

6) Approval of the management and performance of the Board of Directors during the fiscal year ended on December 31st, 2023.

7) Approval of the re-election of PricewaterhouseCoopers Auditores, S.L. as External Auditor of EDP Renováveis S.A. for fiscal years 2024, 2025 and 2026.

8) Acknowledgement of resignations: Ms. Vera de Morais Pinto Pereira Carneiro (Dominical Director) and Ms. Ana Paula Garrido de Pina Marques (Dominical Director) resigned as members of the Board of Directors, remaining as members of EDPR’s Management Team, hence with direct involvement in the management of the Company; additionally, Mr. Acácio Liberado Mota Piloto also resigned as Independent Director. EDPR expressly thanks the resigning Directors for all their dedication and invaluable contribution to the success of the Company.
Consequently, the following resolutions about the reduction of the number of Board Members and re-election and appointment of Directors were adopted:

  • Reduction of the number of members of the Board of Directors to nine (9) Directors.
  • Re-election of Mr. Miguel Stilwell de Andrade as Executive Director for the statutory term of three (3) years.
  • Re-election of Mr. Rui Manuel Rodrigues Lopes Teixeira as Executive Director for the statutory term of three (3) years.
  • Re-election of Mr. Manuel Menéndez Menéndez as External Director for the statutory term of three (3) years.
  • Re-election of Mr. António Sarmento Gomes Mota as Independent Director for the statutory term of three (3) years.
  • Re-election of Ms. Rosa María García García as Independent Director for the statutory term of three (3) years.
  • Re-election of Mr. José Manuel Félix Morgado as Independent Director for the statutory term of three (3) years.
  • Re-election of Mr. Allan J. Katz as Independent Director for the statutory term of three (3) years.
  • Re-election of Ms. Cynthia Kay McCall as Independent Director for the statutory term of three (3) years.
  • Appointment of Ms. Ana Paula de Sousa Freitas Madureira Serra as Independent Director for the statutory term of three (3) years.

9) Approval of the update of the Remuneration Policy of the Directors of EDP Renováveis, S.A. for the period 2023-2025. 

10) Approval of the delegation of authorities for the formalization and implementation of all resolutions passed by the General Shareholders’ Meeting, for the execution of any relevant public deed and for its interpretation, correction, addition or development in order to obtain the appropriate registrations. 
 

EDP Renováveis, S.A.