Rémy Cointreau: Combined General Meeting of July 18, 2024

Regulatory News:

The Combined General Meeting of Rémy Cointreau (Paris:RCO) shareholders was held on July 18, 2024, at the headquarters of Rémy Cointreau in Cognac, under the chairwomanship of Marie-Amélie de Leusse.

Dividend distribution:

The meeting approved the financial statements for the 2023-24 financial year and set the amount of the dividend at €2.0, for which it decided to give each shareholder the option of receiving payment in cash or in shares.

The dividends will go ex-dividend on July 24, 2024 and be paid from October 1st, 2024.

Shareholders who wish to opt for the payment of the dividend in shares will have a period of time between July 26 and September 16, 2024 inclusive to make a request to their financial intermediary. Shareholders who have not exercised their options by 5 p.m. on September 16, 2024 will only be able to receive their dividends in cash, as of October 1st, 2024.

The issue price of the new share is set at €67,16.

If the amount of the net dividend to which the shareholder is entitled does not equate to a whole number of shares, the shareholder may obtain the number of shares immediately above by paying the difference in cash on the day of exercising the option or receive the number of shares immediately below plus a cash balance.

The new shares will be subject to all legal and statutory provisions and will carry dividend rights as from 1st April 2024, the beginning of the current financial year. They will be issued in registered or bearer form, at the shareholder’s choice. Shareholders will receive a request for instructions, which they must complete and sign and return, from the financial intermediary with whom their shares are held.

A request will be made for the new shares to be traded on Euronext Paris.

Governance:

The meeting approved the renewal, for three years, of the mandates of:

• Bruno Pavlosky and Marc Verspyck, as independent Board members
• Caroline Bois Heriard Dubreuil and Elie Hériard Dubreuil, as Board members representing the reference shareholder

The meeting also approved the appointment of Pierre Bidart, as an independent Board member for a period of three years, replacing Guylaine Saucier. His appointment will ensure a stronger representation on the Board of Directors of executives with extensive experience in the areas of accounting and auditing and in risk monitoring and management.

The Board of Directors, which followed the general meeting, approved his appointment to the audit-finance committee, now chaired by Ms. Sonia Bonnet-Bernard.

The Board of Directors consists of 12 Board members and 3 non-voting members with now a feminization rate of 42% and independence of 58%, in line with AFEP-MEDEF recommendations.

About Rémy Cointreau

All around the world, there are clients seeking exceptional experiences; clients for whom a wide range of terroirs means a variety of flavors. Their exacting standards are proportional to our expertise – the finely-honed skills that we pass down from generation to generation. The time these clients devote to drinking our products is a tribute to all those who have worked to develop them. It is for these men and women that Rémy Cointreau, a family-owned French Group, protects its terroirs, cultivates exceptional multi-centenary spirits and undertakes to preserve their eternal modernity. The Group’s portfolio includes 14 singular brands, such as the Rémy Martin and Louis XIII cognacs, and Cointreau liqueur. Rémy Cointreau has a single ambition: becoming the world leader in exceptional spirits. To this end, it relies on the commitment and creativity of its 1,943 employees and on its distribution subsidiaries established in the Group’s strategic markets. Rémy Cointreau is listed on Euronext Paris.

Regulated information in connection with this press release can be found at www.remy-cointreau.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240718186294/en/

Investor relations: Célia d’Everlange / [e-mail] Media relations: Mélissa Lévine / [e-mail]