Evs invites its shareholders to the Ordinary General Meeting

Publication on April 152022, before market opening
Regulated information
EVS Broadcast Equipment SA: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)

EVS INVITES ITS SHAREHOLDERS TO THE ORDINARY gGENERAL MEETING ET A EXTRAORDINARY GENERAL MEETING ON MAY 172022

EVS Broadcast Equipment, a leading provider of live video production systems, today released the invitation to its Ordinary General assemblywhich will be held on May 17, 2022, at 11 a.m., at its head office in Seraing, to deliberate on the agenda available on the company’s website (see link below).

In addition to the usual subjects, including the annual report, the Board of Directors will propose to the shareholders to approve the following resolutions:

  • The payment of a total gross dividend of EUR 1.50 per share (including the interim dividend of EUR 0.50 paid in November 2021);
  • A profit-sharing plan in the form of an allocation of 56 EVS shares for each EVS employee, in proportion to their effective services in 2021;
  • Board mandates:
    • The appointment of Frédéric Vincent as an independent director
    • The appointment of Marco Miserez as independent director
    • The resignation of Philippe Mercelis as independent director (subject to the appointment of Marco Miserez as independent director)
  • Potential variable compensation and the allocation of warrants to new CFOs, CTOs and EVP Operations & Projects;
  • The renewal of the mandate of the Statutory Auditor; and
  • The update of the remuneration of the members of the Board of Directors (and the remuneration policy which has been updated accordingly).

A Extraordinary general meeting of the company will also be held on the same day, at 12 p.m., at its registered office in Seraing, to deliberate on the agenda available on the company’s website (see link below).

The Board of Directors will therefore propose to the Shareholders to approve:

  • The renewal of the existing authorization granted to the Board of Directors to increase the capital within the framework of the authorized capital procedure in accordance with the Belgian Code of Companies and Associations;
  • The renewal of the existing authorization granted to the Board of Directors to acquire and dispose of shares of the company in accordance with the Belgian Code of Companies and Associations; and
  • The issue of subscription rights (warrants).

Caution Covid-19: given the still sensitive health situation, the company recommends that its shareholders avoid any risk linked to the spread of Covid-19 and, consequently, not to personally attend the aforementioned General Meetings and to exercise their rights to General Meetings by voting by proxy.

The notice and all documents relating to the General Meetings of May 17, 2022 are available on the EVS Broadcast Equipment website at the address https://evs.com/en/corporate/corporate-governance/general-meetings, including including the 2021 annual report.

For more information please contact:

Veerle De Wit, CFO*
EVS Broadcast Equipment SA, Liege Science Park, 13 rue du Bois Saint-Jean, B-4102 Seraing, Belgium
Tel: +32 4 361 70 04. Email: [email protected]; www.evs.com
* representing an SRL

Forward-looking statements
This press release contains forward-looking statements regarding the business, financial condition and results of operations of EVS and its subsidiaries. These statements are based on the current expectations or beliefs of the management of EVS and are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those contemplated in these forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company’s concentration on a single sector, the decline in demand for the company’s products and those of its subsidiaries, the inability to develop and introduce new technologies, products and applications on a timely basis, and loss of market and pricing pressure resulting from competition, which could cause actual results or performance of the company differ materially from those contemplated in these forward-looking statements. EVS assumes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events.

About EVS

EVS is globally recognized as the leader in live video technology for broadcast and new media productions. Our passion and goal is to help our clients create immersive stories that trigger the best emotional return. Through a wide range of products and solutions, we deliver the most captivating live sports images, trending entertainment shows and breaking news content to billions of viewers every day – and in real time.
The company is headquartered in Belgium, has offices in Europe, the Middle East, Asia and North America, and provides sales and technical support in over 100 countries. EVS is a public limited company listed on Euronext Brussels: EVS, ISIN: BE0003820371.
For more information, visit www.evs.com.

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