All resolutions adopted
Louise Fréchette appointed as a member of the Board of Directors
The Combined Ordinary and Extraordinary General Annual Meeting of
Essilor (Paris:EI) Shareholders was held today at Palais des Congrès in
Paris under the chairmanship of Hubert Sagnières, Chairman and Chief
Executive Officer of Essilor International.
During the meeting, all of the proposed resolutions were adopted. In
particular, shareholders approved the payment of a dividend of ?0.85 per
share for 2011 which will be distributed to shareholders from 29 May
2012, the re-election of four Directors, Mr Benoît Bazin, Mr Antoine
Bernard de Saint-Affrique, Mr Bernard Hours and Mr Olivier Pécoux, as
well as the appointment of Ms Louise Fréchette, former Deputy Secretary
General to the United Nations, as a new Director. All of the financial
authorizations were also approved.
Louise Fréchette, of Canadian nationality, is a Distinguished
Fellow of the Centre for International Governance Innovation. She is
also Chair of the Board of Directors of Care Canada, a major
international charity, and a member of the Global Leadership Foundation
for the promotion of peace and democracy.
From 1998 to 2006, she was the first Deputy Secretary General to the
United Nations. Before joining the UN, she worked for the Canadian Civil
Service, notably as Ambassador to Argentina, Permanent Representative
and Ambassador to the United Nations, Deputy Minister of Finance and
Deputy Minister of National Defense.
Commenting on her appointment, Hubert Sagnières said, "I'm very
pleased that Louise Fréchette is joining our Board. Her experience with
the United Nations and various non-governmental organizations, combined
with her knowledge of emerging economies, will be of considerable value
to Essilor as we accelerate our growth in fast-growing markets and
strengthen our commitment to corporate social responsibility. As part of
our corporate mission, we take action throughout the world to promote
increased awareness of the economic and social importance of good vision
and to help underprivileged people correct their vision, in particular
through the Essilor Vision Foundation."
Louise Fréchette is also
A member of the International Advisory Board of the Institute for
Study of International Development of McGill University (Montreal,
A member of the Board of Directors of the Montreal Council on Foreign
Chairman of the Board of the Pearson Peacekeeping Centre until the end
The videocast of this meeting will be available after 6:00 pm today on http://hosting.3sens.com/Essilor/20120511-ED9C8753/en/
The world's leading ophthalmic optics company, Essilor designs,
manufactures and markets a wide range of lenses to improve and protect
eyesight. Its corporate mission is to enable everyone around the world
to access lenses that meet his or her unique vision requirements. To
support this mission, the Company allocates around ?150 million to
research and development every year, in a commitment to continuously
bringing new, more effective products to market. Essilor's flagship
brands are Varilux®, Crizal®, Definity®, Xperio®, Optifog and Foster
Grant®. It also develops and markets equipment, instruments and services
for eyecare professionals.
Essilor reported consolidated
revenue of ?4.2 billion in 2011 and employs around 48,700 people in some
100 countries. It operates 19 plants, a total of 390 prescription
laboratories and edging facilities, as well as several research and
development centers around the world.
For more information,
please visit www.essilor.com.
Essilor share trades on the NYSE Euronext Paris market and is included
in the CAC 40 index.
Codes and symbols: ISIN: FR0000121667;
Reuters: ESSI.PA; Bloomberg: EI:FP.
Investor Relations and Financial Communication
Gillet ? Sébastien Leroy, +33 (0) 1 49 77 42 16
Communications and Press
Kate Philipps ? Maïlis Thiercelin, +33
(0) 1 49 77 45 02