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The shareholders’ meeting of Banca Popolare di Sondrio approved the financial statements for 2023 closed with a net profit of 392.766 million euros and the distribution of the profit itself, which provides for the distribution of a unit dividend
gross of 0.56 euros. The payment of the dividend will take effect from 22 May 2024. The meeting also approved the annual report on the remuneration policy and remuneration paid containing the Group’s 2024 remuneration policies and the remuneration paid in 2023. The 2024 remuneration plan was also approved based on financial instruments and authorized the purchase and sale of own shares. Finally, the task of auditing the accounts of Banca Popolare di Sondrio for the financial years 2026-2034 was assigned to Kpmg and the fee was determined.
The new board
The meeting has appointed five directors for the three-year period 2024-2026: Roberto Giay, Loretta Credaro (executive director), Giuseppe Recchi (independent director), Pierluigi Molla (independent director), taken from list 1 presented by the Board of Directors and Severine Melissa Harmine Neervort (independent director), taken from List 2.
To renew the board composed of 15 members and which is renewed by a third every year, two lists were presented, that of the institutional investors (with 1.2% of the capital) who nominated the independents Severine Melissa Harmine Neervoort and Franco Giuseppe Shore; and that of the board of directors, the result of an agreement with the reference shareholder Unipol, shareholder of the institute with 19.7%. Among those elected to the renewed board of directors, Roberto Giay was already a member of the board of directors of Bper (a bank of which Unipol is the main shareholder at 19.9%) and is a top manager of Unipol, while Giuseppe Recchi is a long-time manager (GE, Eni and Tim) and already on the board of directors of UnipolSai.
«The administration’s proposals – said President Francesco Venosta – were widely shared, with almost unanimous approval of the budget and the remuneration system. The Board of Directors’ list received the important support of both the Unipol Group and a very large community of small investors, an expression and confirmation of the liveliness of our social base and the territories in which we are rooted.”
