New term for Anthimos Amanatidis in EYATH

The renewal of the term of office of Anthimos Amanatidis as the managing director of EYATH SA. approved today’s annual Ordinary General Meeting of the company, held at its headquarters at Egnatia 127.

New members of the Board of Directors Vasiliki Adamidou, Director of Communication and Corporate Responsibility of Lidl Greece and Lidl Cyprus (as a non-executive member), and Theodoros Leonidis, a mathematician specializing in statistics and quality systems (as an independent non-executive member) were appointed. Maria Petala renewed her term in the Board of Directors, and the term of the new members will be four years (until 19.08.2028). G.S. also approved the proposal of the Board of Directors on the distribution of a dividend of 0.0276 euros/share to the company’s shareholders from the profits obtained in the 2023 financial year.

“We are moving forward, with our renewed Board of Directors, towards a sustainable digital future for the company. Our new term will compete with the already targeted KPIs for the environment, society and corporate governance. Our priority is the sustainable management of the water resource, with the major project of the expansion of the Thessaloniki Water Treatment Facility as priority, and the further digitization of our business operation. Our expansion into new areas, with the utilization of our experienced executive potential, will increase our turnover, but above all it will create a perspective of sustainability in the local communities of our wider region”, pointed out the managing director of EYATH, Anthimos Amanatidis.

“The consistently positive performances that have been recorded recently converge in another year of growth for EYATH, with a return to dividend yield for our shareholders. We continued and accelerated the implementation of our investment program, upgrading and modernizing our infrastructure, digital transformation and reducing the company’s environmental and carbon footprint. We completed important projects that had been launched since 2020 and launched projects and actions that will be completed within 2024-2025”, said the president of EYATH, Agis Papadopoulos.

At the same time, G.S. approved the annual financial report of EYATH and the consolidated financial statements of the Group, as well as the overall management of the Board of Directors for the year 2023 (01.01.2023 – 31.12.2023). Also, the election of Georgios Archontopoulos and Panagiotis Chatzisarros as employee representatives on the Board of Directors was approved. G.S. approved the fees and compensations paid to the members of the Board of Directors during the 2023 corporate year according to the relevant remuneration report, while re-approving the remuneration policy for the members of the Board of Directors due to the lapse of 4 years since its last approval, which, it should be noted, remains unchanged.

Besides, the meeting ratified the recommendation of the company’s Audit Committee regarding the appointment of an audit firm for the financial year 2024 and approved its remuneration. Finally, leave was given to the members of the Board of Directors and the management executives of the company to participate in boards of directors or in the management of other affiliated companies, according to International Accounting Standard 24.