Banco Desio, assembly approves budget. Folco Trabalza joins the Board of Directors

Banco Desio assembly approves budget Folco Trabalza joins the Board

(Finance) – TheAssembly Of Desio and Brianza Bank approved the balance as of 31 December 2023. The net profit for the year is equal to 238,044,542.60 euros. In this context, the Assembly approved the distribution to shareholders of a dividend, equal to 0.2634 euros for each of the 134,363,049 ordinary shares. In compliance with the stock exchange calendar, the dividend will be paid on 24 April 2024, against coupon no. 33; the ex-date and the record date will be 22 and 23 April 2024 respectively.

Following the death of an Independent Director, who had been chosen from the minority list (Fondazione Cassa di Risparmio Terni e Narni) in the last Shareholders’ Meeting of 27 April 2023, for whose replacement the Board had subsequently decided not to proceed through co-optation, the The Ordinary Assembly proceeded with the appointment of a new Administrator for the financial years 2024-2025. He was elected, within the proposal presented by the Cassa di Risparmio Terni e Narni Foundation which holds 4.46% of the share capital, Folco Trabalza which obtained favorable votes equal to 99.94% of the deliberative quorum corresponding to 10.62% of the share capital.

The members also approved the annual report on the remuneration policy and the fees paid; approved the annual incentive plan called “2024 incentive system”, based on the assignment of “phantom shares”, intended for the CEO/general manager as well as the remaining key personnel; approved the proposal to authorize the purchase and disposal of own ordinary shares.

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