Integrated annual report 2020

Page 309

Other information Management” and “Internal Control” of this management

Rights, commitments and

report.

contingencies as of 31

Treasury shares

December 2020

Disclosures related to treasury shares are reported in note 18

Disclosures related to rights, commitments and contingencies

of the consolidated financial statements.

are reported in note 34 of the consolidated financial statements.

Capital management Use of financial instruments

The purpose of the Group’s capital management is to maintain net financial debt and equity ratios that allow for security of

Disclosures related to the use of financial instruments are

liquidity at all times via flexible access to capital markets, in

reported in note 32 of the consolidated financial statements.

order to be able to finance strategic projects and to offer an attractive remuneration to shareholders.

Circumstances which may

Over the two years presented, the Group did not issue new shares or any other dilutive instruments.

considerably impact the development of the Group

Post-balance sheet events

Circumstances which may considerably impact the Disclosures related to post-balance sheet events are reported

development of the Group are reported in the sections “Risk

in note 39 of the consolidated financial statements.

On behalf of the Board of Directors, Brussels, 25 February 2021

Guillaume Boutin

Stefaan De Clerck

Chief Executive Officer

Chairman of the Board of Directors

Proximus Group I Integrated annual report 2020

309


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