04/23/2013
5.10 p.m.
Press Release
Financial Statements 2012 approved
Consolidated net income: €351 million
Annual dividend: 18 eurocents per share
Balance dividend: 0.8 eurocents per share
Authorization to purchase company’s own shares renewed
Two Directors and the Chairman appointed
Remuneration policies report approved
By laws amended pursuant to law provisions
The Ordinary General Shareholders' Meeting of Mediolanum S.p.A held today in Basiglio (MI) approved the Annual Financial Statements for the year closed on December 31, 2012 – showing a net profit of Euro 351 million - and the distribution of an annual dividend of € 0.18 per share, € 0.1 of which paid as advance in November 2012; the balance dividend of € 0.08 will be paid from May 23, 2013 at the shareholders' intermediaries in conformity to the results of the accounts at the end of May 22, 2013 (record date). On the market, the shares will be negotiated ex-dividend from May 20, 2013 (coupon n. 26).
The consolidated net income of the Group amounted to Euro 351 million.
The General Meeting also:
- following last years' resolutions, authorized the Board of Directors to purchase and sell the company's own shares up to a maximum of 8,000,000 shares, equal to 1.09% of the share capital, within the limit of € 40 million until the date when the General Shareholders' Meeting is convened to approve the financial statements for the year 2013 but, in any event, within a period of 18 months. The resolution also confirmed the faculty for the Board of Directors to benefit from the "accepted market practice" relating to the sustain of the market liquidity;
- confirmed as director and Chairman Mr. Carlo Secchi, who declared to be independent pursuant to Section 148, para. 3, of Leg. Decree n. 58 of 1998;
- appointed director Mr. Francesco Barbaro, who also declared to be independent pursuant to Section 148, para. 3, of Leg. Decree n. 58 of 1998;
The appointed directors, whose curricula vitae are available on the website www.mediolanum.com under the section Investor Relations/Corporate Governance/Annual General Meeting, will remain in office until the date when the Shareholders' Meeting is convened to approve the financial statements for the year closed on Decembre 31, 2013;
- approved the report concerning the remuneration policies pursuant to Section 123 ter para. 6 of , of Leg. Decree n. 58 of 1998 and any other provision of law or regulation;
- aapproved in its extraordinary part the By Laws amendments relating to Articles 9, 10, 11 and 12 (shareholders' meeting), 17 and 23 (board of directors), 27 (board of statutory auditors).
Please note that the Officer in charge of preparing Mediolanum S.p.A accounting documents, Luigi Del Fabbro, has certified that, in compliance with the requirements of the second paragraph of Section 154 bis of Leg. Decree n. 58 of 1998, the financial information contained herein reflects the accounting entries, records and the books.
Basiglio - Milano 3 City, April 23, 2013
