Esso S.A.F. General Meeting: Approval of Divestiture and Exceptional Distribution
During its Mixed General Meeting, Esso S.A.F. approved the divestiture of its stake by ExxonMobil France Holding to North Atlantic France, as well as a specific distribution.
General Meeting Overview
The Mixed General Meeting of Esso S.A.F. shareholders was held under the chairmanship of Charles Amyot, who is both the Chairman of the Board of Directors and the CEO. The shareholders approved the sale of the entire stake of ExxonMobil France Holding in Esso S.A.F. to North Atlantic France. This decision includes the approval of an exceptional distribution of reserves amounting to €60.21 per share.
Details of the Exceptional Distribution
The exceptional distribution decided during the Ordinary General Meeting will amount to €60.21 per share. The schedule for this distribution sets the ex-date on November 12, 2025, followed by payment on November 14, 2025.
Company Name Change
Subject to the completion of the sale of shares, the Extraordinary General Meeting has enacted a change of the company's name to 'North Atlantic Energies'. This change will only take effect after the finalization of the sale of shares held by ExxonMobil France Holding to North Atlantic France. The results of the resolution votes are available online.
