The shareholders’ meeting of Telecom Italia TIM approved the budget for the 2023 financial year, closed with a net loss of 995 million euroscovered by withdrawal from reserves.
Furthermore, the shareholders’ meeting appointed the new nine-member board of directorswhich will remain in office for the three-year period 2024-2026 (until the approval of the budget at 31 December 2026).
For the appointment of the board of directors the majority list was the one presented by the outgoing Board of Directorsfrom which six directors were taken: among these are Alberta Figari (referred to as president) e Pietro Labriola (referred to as CEO). 2 directors were taken from the list filed by Merlyn Partners, while the remaining member of the Board of Directors comes from the list filed by Bluebell Capital Partners, in the capacity of manager of the Bluebell Equity Master Fund ICAV fund.
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Tags: Telecom Italia TIM shareholders approve budget dividend
