The Management Board of Zavarovalnica Triglav is convening the 49th General Meeting of Shareholders to be held on 4 June 2024 at 10:00 at Grand Plaza Hotel in Ljubljana.
At the General Meeting of Shareholders, the shareholders will be briefed on the Annual Report of the Triglav Group and Zavarovalnica Triglav for 2023, in which the Group's results were lower than initially expected due to one-off adverse events. Despite the difficult situation, the Group maintained its financial stability and a dominant market position in the region.
The shareholders will decide on the distribution of the Company's accumulated profit as at 31 December 2023. The Management Board and the Supervisory Board propose a dividend of EUR 1.75 gross per share, which represents a 5% dividend yield. The Company aims to consistently implement its dividend policy guidelines, ensuring both attractiveness to shareholders and sustainability. The proposed total dividend payment significantly exceeds last year's earnings, but the Group anticipates that its operations will normalise in line with its strategy this year, with financial stability and conditions for growth and development ensured even after the dividend is paid.
As in previous years, the agenda of the regular General Meeting of Shareholders will include the granting of discharge to the Management Board and the Supervisory Board of Zavarovalnica Triglav for 2023, the approval of the Company's remuneration policy and the adoption of the remuneration report for 2023. In addition, the shareholders will appoint two new Supervisory Board members from among the shareholder representatives and take note of the appointment of Supervisory Board members – employee representatives.
This year, Zavarovalnica Triglav will once again enable its shareholders to exercise their rights through the organised collection of proxies; this way, shareholders can exercise their right to vote at the General Meeting via a proxy, without having to attend in person.
The notice of the 49th General Meeting of Shareholders of Zavarovalnica Triglav d.d., including the materials, the attendance form and the proxy form to participate and vote, is published on the Ljubljana Stock Exchange's electronic information dissemination system and on the triglav.eu website.