Umicore's Upcoming Shareholders’ Meetings and Board Changes
Notice of Ordinary and Special Shareholders’ Meetings
Umicore invites its shareholders to participate in upcoming meetings.
Umicore is excited to announce its ordinary and special shareholders’ meetings scheduled for a future date. These important meetings will take place at Umicore’s headquarters, allowing shareholders to engage in crucial discussions regarding the company’s direction and governance.
The meetings will feature a live webcast, ensuring that shareholders can follow the discussions in real-time. Although there will be no opportunity to vote or ask questions via the webcast, participants can stay informed about the key topics and decisions being discussed.
Changes to the Supervisory Board
Leadership transitions add fresh perspectives.
In a significant development, Mr. Mark Garrett, a long-serving member of Umicore’s Supervisory Board, has announced his decision not to renew his mandate for another term. His contributions over the past decade have been invaluable. As a result, the board is thrilled to propose the appointment of Mrs. Martina Merz as a new independent member of the Supervisory Board. Mrs. Merz is expected to bring rich industrial and governance expertise, enhancing the board’s capacity.
Mrs. Merz is recognized as a prominent business leader, having served as CEO at Thyssenkrupp AG and held various executive roles at renowned companies, including Robert Bosch GmbH. Her extensive board experience includes non-executive roles at firms like Rio Tinto Group, solidifying her qualifications to contribute meaningfully to Umicore’s Supervisory Board.
Additionally, Mr. Laurent Raets from Groupe Bruxelles Lambert (GBL) will be stepping down after six years of service. The Supervisory Board has proposed Mr. Michael Bredael, who has significant experience in investments and consultancy, to fill this role. Mr. Bredael will also assume responsibilities within the Audit and Investment Committees.
Appreciation for Outgoing Board Members
Chairman Thomas Leysen expressed gratitude towards Mr. Garrett and Mr. Raets for their invaluable insights and contributions, highlighting the importance of their expertise in steering Umicore in the right direction over the years. Their leadership has been a testament to the collaborative spirit and governance strength of the board.
Annual Report Insights
2024 performance and future outlook.
Umicore is committed to transparency and engaged shareholder relations, exemplified by its upcoming publication of the Annual Report for the preceding year. This report will highlight key achievements and financial metrics that showcase the company's performance and strategic priorities.
The report is expected to provide detailed insights into Umicore’s revenue generation across its four business groups: Battery Materials, Catalysis, Recycling, and Specialty Materials. The focus remains on sustainable practices and developing materials that significantly contribute to cleaner mobility solutions and recycling efforts.
About Umicore
As a leader in sustainable materials technology, Umicore's mission goes beyond financial success. The company aims to provide materials that foster a better quality of life and well-being. With a dedicated workforce of over 11,500 employees worldwide, Umicore operates in numerous markets, emphasizing clean energy and recycling technologies.
With revenues that reached €3.5 billion, reflecting remarkable growth, Umicore is committed not only to enhancing its product offerings but also to pushing forward initiatives that align with its long-term vision for sustainability.
Frequently Asked Questions
What is the purpose of the upcoming shareholders’ meetings?
The meetings are intended to engage shareholders in discussions about Umicore's future direction, proposed board changes, and overall company performance.
Who are the new proposed members for the Supervisory Board?
The Board proposes the appointment of Mrs. Martina Merz and Mr. Michael Bredael to succeed outgoing members Mark Garrett and Laurent Raets, respectively.
Why is Mr. Garrett stepping down from the Supervisory Board?
Mr. Garrett has completed a decade of service and has decided not to renew his mandate, signaling a transition for new leadership skills on the board.
What will the Annual Report summarize?
The Annual Report will present Umicore’s performance metrics, key achievements, and future strategic priorities focused on clean technology and sustainability.
How does Umicore define its mission?
Umicore's mission centers around developing sustainable materials that contribute to improvements in everyday life and address global environmental challenges.
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