Edenred's 2024 General Meeting Sees Full Approval of Resolutions and Strong Company Performance

The 2024 Combined General Meeting of Edenred shareholders held at Comet Bourse, Paris, concluded successfully with the approval of all board-proposed resolutions. Chaired by Bertrand Dumazy, the meeting confirmed a dividend payout of €1.10 per share and reaffirmed Dominique D'Hinnin and Nathalie Balla as directors.

During the meeting, Edenred's Board of Directors maintained its composition, continuing with 12 members, including two employee representative directors. The board boasts a 90% rate of independent directors, in adherence to the AFEP-MEDEF Code standards.

Chairman and CEO Bertrand Dumazy also outlined the progress of the Beyond22-25 strategic plan, demonstrating Edenred’s strengthening position in the global market for employee benefits and mobility management. The company continues to grow, fueling innovations and expanding its digital and connected platform capabilities, particularly in data and artificial intelligence.

Edenred reported another record year in 2023 with revenues exceeding €2.5 billion and EBITDA crossing the €1 billion mark, reflecting robust, profitable growth. The company also keeps championing its corporate social responsibility, significantly performing in environmental, social, and governance (ESG) practices.

The company has started 2024 on a high note, with the first quarter showing strong growth, continuing a trend of success into its eighth consecutive quarter with organic growth above 20%.