Milan, 1 July 2015 – On 30 June 2015, the meeting of the EPCG shareholders approved the company's 2014 financial statements, appointed new members to the board of directors (with three of seven directors nominated by A2A), and approved a
non-recurring capital restructuring, with coverage of losses carried forward, as a precondition for the distribution of dividends in future years.
At the same time, the shareholders meeting also approved a resolution for the restitution of a portion of the capital to shareholders, for an amount corresponding to the 2014 net earnings, namely, €35 million. As a result, A2A will receive approximately
€14.6 million in the second half of 2015, which is the first financial return since its investment in the Montenegrin company.
A2A and the Montenegro government have also agreed on a one-month extension of the agreements in effect since 2009. This will make it possible to continue with the negotiations already initiated for prolonging the partnership, on the basis of
fundamental principles agreed by the parties.