Viridien (VIRI) AGM 2025 summary

Opening remarks and agenda

• The meeting opened with legal formalities, confirmation of recording, and constitution of the bureau, with scrutineers and board members introduced.

• Quorum was confirmed at 34.91% of voting rights, meeting legal requirements.

• The agenda included governance, executive compensation, business and financial overview, statutory auditors' reports, Q&A, voting on resolutions, and conclusion.

Board and executive committee updates

• Board composition reduced from nine to eight directors post-meeting, with 50% women and 87.5% independent members.

• Committees (Audit, Remuneration, Sustainability, M&A) reported high attendance and active engagement.

• Renewal and ratification of directors' terms proposed for several members, including Philippe Salle, Anne-France Laclide-Drouin, Michael Daly, and Amélie Oyarzabal.

• Governance structure to temporarily unify Chairman and CEO roles under Sophie Zurquiyah until 2026.

Corporate governance

• Board diversity goals met, with three nationalities and expertise in energy, innovation, technology, and finance.

• Committees demonstrated high attendance and independence, supporting robust governance.

• Remuneration policies for directors and executives maintained, with minor adjustments for lead director and unified CEO/Chair role.

• Succession plan implemented due to external appointment of current chair; Sophie Zurquiyah to lead transition.