LIMASSOL - MHP SE (LSE: MHPC), a prominent international food group with significant operations in Ukraine and Southeastern Europe, announced the adoption of a new remuneration policy for its Administrative Organ members during an Extraordinary General Meeting (EGM) held today in Limassol, Cyprus.
The sole item on the agenda for the meeting was the approval of the New Remuneration Policy, which pertains to the compensation of the company's Administrative Organ members. This policy was prepared by the Nominations and Remuneration Committee and supersedes the previous policy ratified by shareholders on December 28, 2021.
The new policy was presented to the shareholders for consideration and was subsequently passed as an Ordinary Resolution. The EGM, which commenced at 10:00 am at the company's premises, concluded with the resolution's adoption, marking a significant update to MHP SE's governance structure.
MHP SE, listed on the London Stock Exchange (LON:LSEG), is recognized for its extensive food production and distribution network, primarily focusing on poultry production, grain growing, and other agricultural operations.
The implementation of the new remuneration policy is a reflection of the company's ongoing efforts to align its executive compensation with industry standards and shareholder expectations. The policy details were not disclosed in the statement.
The information regarding the EGM and the new remuneration policy is based on a press release statement and is a part of the company's commitment to transparent corporate practices and governance.
Investors and stakeholders of MHP SE can access the minutes of the EGM for a detailed account of the proceedings. The company continues to focus on its strategic operations in the food sector while ensuring its governance policies remain up-to-date and in line with regulatory standards.
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