Tessenderlo : Presentation OGM + EGM EN Tuesday, May 9, 2023
May 09, 2023 at 12:58 pm
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TESSENDERLO GROUP GENERAL MEETING
Brussels, May 9, 2023
Agenda
Examination of the statutory annual accounts and the consolidated annual accounts for the financial year closed on December 31, 2022, of the annual reports of the board of directors and of the reports of the statutory auditor with respect to said annual accounts.
Approval of the statutory annual accounts for the financial year closed on December 31, 2022, and allocation of the result.
Approval of the remuneration report for the financial year closed on December 31, 2022.
Approval of the remuneration policy.
Remuneration of the directors.
Discharge to the members of the board of directors and the statutory auditor.
1. Examination of the statutory annual accounts and the consolidated annual accounts for the financial year closed on December 31, 2022, of the annual reports of the board of directors and of the reports of the statutory auditor with respect to said annual accounts.
On July 8, 2022, Tessenderlo Group and Picanol Group announced their intention to simplify and increase the transparency of the group structures of both companies, with a view to combining them into a single industrial group with, in time, a single stock exchange listing and a single board of directors.
By the end of the first quarter of 2023, Tessenderlo Group was holding 100% of the shares of Picanol Group. As a result of this transaction, Picanol Group became a business unit in the Machines & Technologies segment of Tessenderlo Group with effect from January 2023.
Tessenderlo Group NV published this content on 09 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2023 11:57:07 UTC.
Tessenderlo Group nv is a diversified industrial group. Net sales break down by activity as follows:
- sale of agrochemicals (37.7%): crop nutrients (liquid sulfur fertilizers, solid and soluble potassium sulfate fertilizers, etc.) and crop protection products;
- sale of animal by-products (30.9%): animal fats and proteins, gelatins, collagen peptides, etc.;
- sale of industrial products (28.3%): plastic pipe systems, PVC profiles, performance chemicals (ferric chloride, caustic soda, sodium hypochlorite, hydrochloric acid, sodium sulphide, hydrogen sulphide, calcium chloride, etc.), electrolysis products, specialty chemicals, etc. for the water treatment and transportation, construction, mining, food processing, oil and gas industries, etc.;
- power generation (3.1%).
Net sales are distributed geographically as follows: Belgium (9.1%), France (16.5%), the Netherlands (10.2%), the United Kingdom (4.9%), Spain (3.5%), Germany (3%), Poland (1.5%), Europe (6%), the United States (28.8%), Mexico (3.2%), China (0.7%) and other (12.6%).