Corticeira Amorim SGPS S A : informs about the resolutions adopted by the Annual General Meeting. It includes, namely, the election of the members of the Nominations, Evaluation and Remuneration Committee for the current mandate of the corporate boards until the end of 2023
April 28, 2023 at 11:22 am
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PRESS RELEASE
Corticeira Amorim
Decisions of the Annual General Meeting
Mozelos, Portugal, 28 April 2023 - CORTICEIRA AMORIM, S.G.PS., S.A., hereby informs of the decisions of the Annual
General Meeting held today, 28 April 2023:
Sections 1 and 2. The financial statements for the financial year 2022, on an individual and consolidated basis, as made available on the company's website in ESEF format, were approved by unanimity.
Section 3. The corporate governance report for the financial year 2022 was approved by a majority.
Section 4. The non-financial information - sustainability report for the financial year 2022 was approved a majority.
Section 5. The proposed appropriation of net profits of EUR 50,251,063.63 (fifty million, two hundred and fifty-one thousand, sixty-three euros and sixty-three cents) calculated according to the individual accounts, was approved by unanimity:
To Dividends: EUR 26,600,000.00 (twenty-six million, six hundred thousand euros), which corresponds to EUR 0.20 (twenty cents) per share.
Section 6. A vote of confidence in the Board of Directors, the Audit Committee, the Statutory Auditor and each of their members was approved by a majority.
Section 7. The proposal for the purchase of treasury stock under the terms of article 319 of the Portuguese Companies Code was approved by a majority.
Section 8. The proposal regarding the sale of treasury stock under the terms of article 320 of the Portuguese Companies Code was approved by unanimity.
Section 9. The proposal of the Board Directors on the constitution of an Appointment, Evaluation and Remuneration Committee, for the current term of the corporate bodies and the respective regulation was approved by unanimity.
Corticeira Amorim, SGPS, S.A.
Edifício Amorim I
Rua Comendador Américo Ferreira Amorim, 380 4535-186 Mozelos, Portugal
www.corticeiraamorim.com
instagram: amorimcorkRepresentante para as Relações com o Mercado | IRO:
Ana Negrais de Matos, CFA
+ 351227475423
+ 351 227475407 ana.matos@amorim.com
Sociedade cotada
Capital Social: € 133 000 000,00
Pessoa Coletiva e Matrícula: PT500077797 C.R.C. de Santa Maria da Feira - Portugal
Section 10. The proposal of the Board of Directors on the election of the members of the Nominations, Evaluation and Remuneration Committee and respective remuneration was approved by a majority.
Composition of the Appointments, Evaluation and Remuneration Committee:
Chairwoman: Cristina Galhardo Vilão
Board Member: Álvaro José da Silva
Board Member: Rui Fernando Viana Pinto
Section 11. The proposal of the Board of Directors on the remuneration policy for corporate bodies and other managers was approved by a majority.
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Corticeira Amorim SGPS SA published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 15:21:13 UTC.
Tracing its roots back to the 19th century, Corticeira Amorim, SGPS, S.A. has become the world's largest cork and cork-derived company in the world, generating more than EUR 985.5 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries. With a multi-million Euro R&D investment per year, Corticeira Amorim, SGPS, S.A. has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of products, solutions and materials that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, architecture and design.
Net sales by business unit break down between Cork Stoppers (75.9%), Composite Cork (12%), Floor and Wall Coverings (9.1), Insulation Cork (1.6%) and Raw Materials (1.4%).
Net sales are distributed geographically as follows: Portugal 6.8%), EU excluding Portugal (61.8%), Other European countries (2%), the United States (16.4%), America excluding the United States (6.5%), Australasia (5.1%) and Africa (1.4%).
Corticeira Amorim, SGPS, S.A.'s responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
Corticeira Amorim SGPS S A : informs about the resolutions adopted by the Annual General Meeting. It includes, namely, the election of the members of the Nominations, Evaluation and Remuneration Committee for the current mandate of the corporate boards until the end of 2023
CORTICEIRA AMORIM, SGPS, S.A. 
