Safran’s 2025 Annual General Meeting of Shareholders approves a dividend payment of €2.90 per share

Paris, May 22, 2025

Safran (Euronext Paris: SAF) held its Combined Ordinary and Extraordinary Annual General Meeting today at the Safran Campus, chaired by Ross McInnes, Chairman of the Board of Directors.

The Meeting was an opportunity for information, exchange and discussion with shareholders. The event was broadcast live on the 2025 General Meeting page of the Company's website and the video is also available in full on that same webpage. 

In order to facilitate participation in this privileged moment of exchange with the Company's senior management, shareholders were given the opportunity to ask questions either during the meeting or in advance in writing in accordance with current regulations. Safran also provided a dedicated module to ask questions on the 2025 General Meeting page of its website, which was open until the opening of the Meeting. 

Two question-and-answer sessions were offered during the meeting, including one specifically dedicated to the Company's climate strategy. 

Ross McInnes, Chairman of the Board of Directors, and Monique Cohen, Chair of the Appointments and Compensation Committee, presented subjects relating to corporate governance and corporate officers’ compensation. 

Olivier Andriès, Chief Executive Officer, presented the 2024 highlights and the 2025 priorities. He also presented the Group's ambitious CSR strategy and the main achievements and successes of 2024 in this field. 

Pascal Bantegnie, Chief Financial Officer explained the 2024 Group’s results, the 2025 first quarter revenue and the 2025 full year outlook. 

Patrick Pélata, Director responsible for monitoring climate issues and Chairman of the Innovation, Technology & Climate Committee then presented the Group's climate commitments and carbon footprint. Olivier Andriès went on to outline the Group's main results and progress in 2024 in terms of decarbonizing aviation, the Group’s plants and processes, and the supply chain.

Voting results

All the resolutions submitted to the vote of the General Meeting were approved. 

In particular, the shareholders approved:

• the financial statements for the year 2024 and the dividend amount as per 2024 fiscal year at €2.90 per share;
• the appointment of Valérie Baudson as an independent director, replacing Hélène Auriol Potier. The Board of Directors, today, appointed Valérie Baudson as a member of the Appointments and Compensation Committee;
• the re-appointment of Fabienne Lecorvaisier as an independent director. The Board of Directors today renewed her position as a member of the Audit and Risk Committee and appointed her as a member of the Innovation, Technology & Climate Committee;
• the re-appointment of Patrick Pélata as an independent director. The Board of Directors, today renewed his position as Director responsible for monitoring climate issues as well his positions in the three Committees. It was also decided to appoint Patrick Pélata as Lead independent Director, to replace Monique Cohen who will cease to meet the independence criteria at the end of May but who remains Chair of the Appointments and Compensation Committee;
• all resolutions concerning the compensation of corporate officers (2024 compensation and 2025 compensation policies);
• the new authorization enabling Safran to buy back its own shares at a maximum purchase price of €365 per share;
• amendments to the bylaws relating in particular to procedures for the appointment of Directors representing employee shareholders and to the terms of office of Directors;
• the financial authorizations allowing Safran to seize appropriate opportunities arising on financial markets except during a public offer for Safran’s shares. 

The resolutions concerning the composition of the Board of Directors were approved; as a result the Board of Directors remains composed of 16 members with:

• a percentage of independent Directors of 58.3 %¹ ;
• a proportion of women Directors of 41.7 %¹.

The 2025 General Meeting’s voting results will be made available on the 2025 General Meeting page of the Company’s website www.safran-group.com.

Safran will publish its first-half 2025 results on Thursday, July 31, 2025.

For further information, you may contact:
SAFRAN - Relations actionnaires
2, boulevard du Général Martial Valin – 75724 Paris Cedex 15

¹ Directors representing employee shareholders and Directors representing employees are not taken into account in this calculation, in accordance with the French Afep-Medef Corporate Governance Code or French applicable laws and regulations.