Press releaseRegulated Information

Aalst-Erembodegem, Belgium, May 05, 2023 – Ontex Group NV (Euronext Brussels: ONTEX) held its annual shareholders’ meeting today, followed by an extraordinary shareholders’ meeting. All proposed resolutions were approved by the shareholders by a convincing majority.


Among other things, the shareholders approved a fundamental adjustment to the remuneration policy. This will better align management remuneration with shareholder returns, with a strong emphasis on the share price in three years. The extraordinary shareholders’ meeting also renewed the authorizations for the board of directors within the framework of the authorized capital and for the acquisition of own shares.

Ontex chairman Hans Van Bylen said, “I wish to sincerely thank the shareholders of Ontex for their very clear approval of all the resolutions that the board of directors had proposed to the shareholders’ meeting this year. Several of these resolutions will contribute to the accelerated implementation of our strategic reorientation.

The minutes of the annual and extraordinary shareholders’ meetings are available on Ontex’s website at:

Ontex CFO Peter Vanneste, chairman Hans Van Bylen and corporate secretary Jonas Deroo at Ontex' 2023 annual shareholder meeting in Aalst, Belgium

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Geoffroy Raskin
Maarten Verbanck

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