REVO Shareholders' Meeting

The Ordinary and Extraordinary Shareholders' Meeting of REVO, chaired by President Antonia Boccadoro, was held to approve the 2023 Annual Report.

The 2023 Budget closed with gross written premiums from direct business amounting to € 216.2 million (+69.5% compared to € 131.4 million in FY 2022) and a technical account result of € 15.4 million. The Shareholders' Meeting then approved the distribution of a first dividend of € 0.084 per outstanding ordinary share.

The Group's consolidated results, prepared under international accounting standards, show adjusted operating income of € 21.3 million as of December 31, 2023, compared with consolidated net income of € 10.6 million (and consolidated adjusted net income of € 14.8 million).

The Shareholders' Meeting then approved the 2024 Remuneration Policy Report and cast a favorable advisory vote on the 2023 Remuneration Paid Report. It also appointed the Board of Statutory Auditors that will remain in office for the three-year period 2024-2026 and, specifically, the following were elected as Statutory Auditors: Alberto Centurioni (Chairman), Saverio Ugolini and Claudia Camisotti (Standing Auditors). The appointed Alternate Auditors are Francesco Rossetti and Paola Mazzucchelli.

Read the full press release.