With a dividend of 0.223 euros, the G.S. of EYATH

The distribution of a dividend of 0.223 euros per share was decided by today’s Annual Ordinary General Meeting of the shareholders of EYATH SA, which was held via video conference.

“As the Macedonia-Thrace Sector of the Ministry of Interior, which supervises EYATH, we give priority to a planning of the next steps with a green prefix”, pointed out the Deputy Minister of Interior (Macedonia – Thrace), Stavros Kalafatis, greeting the assembly. “The good work of EYATH continues in 2021 bringing innovative actions, investments with a ‘green’ footprint and jobs”, the Undersecretary continued, making special mention of the company’s cooperation with the AUTh for the detection of coronavirus in the sewage system and mentioning the on going works.

“The expansion of the Aliakmonas water refinery and the ongoing repair of the Aravissos aqueduct are two projects of great importance, which have been discussed for many years and will solve problems that have repeatedly trouble the people of Thessaloniki. These are investment projects that not only aim to improve the quality of life of the residents of Thessaloniki, but also confirm the company’s strong commitment to viability, sustainability and tackling climate change. “The Superfund, seeking to be a shareholder with a more active role, which supports the development of subsidiaries included in its portfolio, will support EYATH in all ESG issues, through a comprehensive strategy that goes beyond the legal framework,” said the CEO of the Hellenic Holdings and Property Company, Grigoris Dimitriadis, in his online post at the beginning of the meeting.

“With the triptych Environment – Society – Sustainable Development of the company integrated in our investment and business planning, we proceeded in 2020, a year of general health and financial instability. Without deviating from our planning, we laid the foundations for ensuring the water supply of Thessaloniki in the coming decades, providing for the growing needs of the population. At the same time, however, we further shielded the company itself, modernizing its provisions on corporate governance, in accordance with the recent legislation and laying the foundations for its sustainable development “, pointed out the president of EYATH, Agis Papadopoulos.

“The company maintained its resilience in 2020 and still has high cash, without bank lending. We reacted to the health crisis with investments, aimed at growth for the benefit of our shareholders, employees and society in general. The major projects for our water supply system, the expansion of the refinery, the repair of the Aravissos aqueduct, the completion of the Scada telemetry systems of the network, have started or have entered the implementation trajectory. Respectively, major projects have initiated in the field of sewerage, with the most important being the energy upgrade of our large biological waste water treatment and the completion of the sewerage network at the K16 junction. “Our goals for reducing 20% ​​of our water and 50% of our carbon footprint by 2030 are non-negotiable”, pointed out in relation to the operational part of EYATH’s action, its CEO, Anthimos Amanatidis.

The General Assembly approved the annual financial statements of EYATH and the corresponding consolidated ones of the Group, as well as the management reports of the Board of Directors and the independent certified auditors-accountants for the year 2020. It also approved the overall management of the BoD and relieved the auditors of any responsibility for the actions of the previous management year.

Similarly, it approved the fees and compensations paid to the members of the Board during the corporate fiscal year 2020 in accordance with the company’s remuneration policy, ratified the proposal of the company’s Audit Committee for the appointment of statutory auditors during the fiscal year 2021 and approved their remuneration.

At the same time, today’s General Assembly approved the policy for the suitability of the candidate members of the Board of Directors, which was suggested by the Board of Directors of the company, and the amendments to the Articles of Association. This is a harmonization with the recent Law 4706/2020 on Corporate Governance for public limited companies, always in relation to the size, organization and complex nature of EYATH’s activities.

Finally, permission was given to the members of the Board and the executives of the company to participate in the boards of directors or in the management of the subsidiaries of the group (according to the International Accounting Standard 24). Dividend cut-off date was set for Monday, June 28th, 2021.


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