Chairman of Uniper's Supervisory Board firmly rejects Fortum's allegations against Uniper's Management Board
Uniper SE points out that its major shareholder Fortum today disclosed its voting intentions on various agenda items in the run-up to the Uniper Annual General Meeting and announced its preference to postpone the discharge of the Uniper Management Board for the financial years 2017 and 2018.
Dr. Bernhard Reuterberg, Chairman of the Supervisory Board of Uniper, commented: “I firmly reject the renewed allegations made against Uniper's management with regard to the regulatory restrictions in Russia. Apart from the fact that Fortum has never reasoned or substantiated these allegations, for more than a year we have done everything in our power to dispel any doubts about a possible misconduct on the part of the Uniper Management Board: In the Uniper's Supervisory Board, we have comprehensively analyzed the actions of the Management Board and mandated external experts and have come to the conclusion that everything Uniper has done in this context was lawful and in the interest of the company and its shareholders. Fortum's CFO, in his capacity as a member of the Uniper Supervisory Board, had full access to these analyses.”
“Against this background,” Reutersberg continued, “it is completely incomprehensible to me that Pekka Lundmark still has doubts about the legality of the actions of our Management Board. For me, the intention to again postpone the discharge of the Uniper Management Board – without any understandable reason – is clear proof of mistrust of the Uniper Management Board. Today Pekka Lundmark emphasized once again that Fortum wants to be a constructive and reliable shareholder. If he is serious about this, I urge him to send a clear signal tomorrow that we will continue to work together in a spirit of trust”.
The Annual General Meeting of Uniper SE will take place on 22 May from 10 a.m. in the CCD Congress Center Düsseldorf. All relevant information relating to this Annual General Meeting is published here: https://ir.uniper.energy/websites/uniper/German/6505/hauptversammlung.html
The opening of the Annual General Meeting by the Chairman of the Supervisory Board, Dr. Bernhard Reutersberg, and the subsequent speech by the representative of the Uniper Management Board will be broadcast live on the internet.
Uniper is a leading international energy company with activities in more than 40 countries and around 12,000 employees globally. Its business is the secure provision of energy and related services. Its main activities include power generation in Europe and Russia as well as global energy trading. The company is headquartered in Düsseldorf, Germany.
This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE Management and other information currently available to Uniper. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to modify them to conform with future events or developments.