Coloplast A/S Announces Key Resolutions from AGM 2024

Decisions at Coloplast A/S Annual General Meeting

Recently, Coloplast A/S convened its Annual General Meeting (AGM), where significant resolutions were adopted that will shape the company's future. This gathering marked an important event for stakeholders, emphasizing the company's dedication to transparency and responsible governance.

Approval of Financial Reports

One of the vital resolutions passed during the meeting was the approval of the annual report for the recent financial year. This measure reflects the company's robust financial health and commitment to delivering shareholder value.

Dividend Distribution

Another key resolution was the approval for a year-end dividend distribution of DKK 17.00 per share. This decision, alongside an interim dividend of DKK 5.00 per share, adds up to a total of DKK 22.00 per share paid out to shareholders for the financial year.

Remuneration Governance

The AGM also saw the approval of the remuneration report for the past financial year as well as the remuneration of the Board of Directors for the upcoming year. Ensuring fair compensation aligns with best practice and reflects the company’s understanding of motivating its leadership team.

Board of Directors Election

In a show of continuity and confidence, several members were re-elected to the Board of Directors. This includes Lars Søren Rasmussen, Niels Peter Louis-Hansen, Annette Brüls, among others. Their expertise will guide Coloplast into the next chapter of growth.

Auditor Reelection and Authorizations

Furthermore, the meeting confirmed the reelection of EY Godkendt Revisionspartnerselskab as auditors, who will oversee not just statutory financial reporting but also sustainability assurance. Authorizations were also granted to facilitate necessary registrations with the Danish Business Authority.

Leadership Election

Following the AGM, the Board re-elected leadership roles, naming Lars Søren Rasmussen as Chairman and Niels Peter Louis-Hansen as Deputy Chairman. Their leadership is expected to foster a progressive vision for Coloplast moving forward.

Employee Representation

In addition to the board elected at the AGM, employee representatives continue to play a pivotal role. Thomas Barfod, Nikolaj Kyhe Gundersen, and Roland Vendelbo Pedersen will represent employee interests, ensuring that all voices are heard and considered.

A Message from Management

Coloplast’s management emphasizes its foundational ethos, born from a desire to improve intimate healthcare outcomes. Guided by empathy, their mission is clear: to help people lead independent lives through innovative products in various healthcare niches including Ostomy Care and Continence Care.

Contact Information

For more insights or inquiries, interested parties can reach out to:

Investors and Analysts:
Anders Lonning-Skovgaard
Executive Vice President, CFO
Tel. +45 4911 1111

Aleksandra Dimovska
Vice President, Investor Relations
Tel. +45 4911 1800 / +45 4911 2458

Simone Dyrby Helvind
Senior Manager, Investor Relations
Tel. +45 4911 1800 / +45 4911 2981

Ensuring Growth and Sustainability

Coloplast A/S continues to adapt and innovate, aligning its strategies with global market demands and sustainability considerations. The resolutions adopted in the AGM reflect the company’s long-term vision to enhance shareholder value while remaining committed to quality healthcare solutions.

Frequently Asked Questions

What were the main decisions made at the AGM?

The AGM approved the annual report, a total dividend of DKK 22.00 per share, the remuneration report, and the re-election of board members.

Who were re-elected to the Board of Directors?

Key members re-elected include Lars Søren Rasmussen and Niels Peter Louis-Hansen, among others.

What is the total dividend for the financial year?

The total dividend for the financial year is DKK 22.00 per share, combining an interim dividend and year-end dividend.

Who is responsible for auditing Coloplast A/S?

EY Godkendt Revisionspartnerselskab has been re-elected to serve as auditors for the company.

What role do employee representatives have in the company?

Employee representatives play a vital part in the Board of Directors ensuring that employee interests are reflected in company governance.

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