AgroGeneration, 27 juin 2019
POINTS D’ATTENTION PRIORITAIRES
La société ne soumet pas la rémunération de ses dirigeants à l'approbation de ses actionnaires : si elle n'y est pas obligée, il est de bonne pratique de proposer aux actionnaires de voter sur la rémunération versée aux dirigeants au titre de l'exercice passé (vote ex-post) et sur la politique de rémunération des dirigeants pour l'exercice à venir (vote ex-ante).
Proxinvest note que le Conseil d'administration présente un taux d'indépendance et de féminisation nul, ce qui est regrettable. L'importance grandissante de l'indépendance du Conseil d'administration pour les investisseurs tant nationaux qu'étrangers en fait un point crucial en matière de gouvernance des entreprises : à ce titre, Proxinvest ne saurait que trop peu recommander à la société d'améliorer l'indépendance et la diversité de son Conseil.
Les résolutions 12 et 13 proposent respectivement aux actionnaires d'autoriser la faculté pour le Conseil de procéder au rachat d'actions propres et de réduire le capital social : ces résolutions ne sont pas soutenues par Proxinvest en raison, notamment, du fait que la société ne distribue aucun dividende cette année, en conséquence il apparaît peu cohérent de proposer un rachat-annulation d'actions qui impliquera qu'elle puise dans ses fonds propres pour le réaliser.
Agrogeneration SA is a France-based company engaged in the fishing and farming industry. The Company is a producer of grain and oilseeds. Following its merger with Harmelia, the Company becomes the producer of grain and oilseeds in Ukraine. Agrogeneration SA focuses mainly on the production in Ukraine, both in terms of cultivated acreage and operational efficiency. The Company follows traditional crop rotation and puts money into fertilizers, seeds, and agricultural chemicals for the purpose of achieving profitability crop. Operated farmlands of Agrogeneration SA are located in a number of regions in Ukraine, such as Kharkiv, Lviv and Sumy, among others, which represent standards and a propitious climate for achieving yields.
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