CHARENTON-LE-PONT, France—EssilorLuxottica’s (Reuters: ESLX.PA) annual general meeting was held yesterday in Paris, and the group's shareholders approved all 19 resolutions submitted by the board of directors to the Ordinary and Extraordinary General Meeting, including the formal approval of the company's 2022 consolidated financial statements of Group’s sales at €24.5 billion in FY 2022, up 13.9 percent vs 2021 in comparable terms, as previously reported, as well as the compensation policy applicable to the company's executive corporate officers. Senior executives also reviewed the scope of the Group's global business to consumers and professional solutions along with the company's global R&D network spanning vision care, eyewear design, smart eyewear and sun lenses. The overview included its work in myopia management, the new personalized PAL Varilux R Series, increased digital accessibility and the global Leonardo educational platform. The company's Eyes on the Planet sustainability initiatives, corporate social responsibility and the OneSight EssilorLuxottica Foundation work and more.

In his opening remarks on the occasion, Francesco Milleri, chairman and CEO, started by citing the vision of the late Leonardo Del Vecchio. "I would like to pay homage to Leonardo Del Vecchio, the craftsman behind the construction of this group. Leonardo was not only the chairman of EssilorLuxottica, he was a brilliant entrepreneur and an exceptional leader who knew how to have a vision that marked the eyewear sector as a great industrial reality. He left his imprint on the field of eyecare and created a fantastic industrial structure....and values we'll continue to carry forward." 

Milleri and Paul du Saillant, group deputy CEO said, after the meeting, “Five years after its birth in 2018, EssilorLuxottica is now the global champion it was meant to become. We realized our vision of EssilorLuxottica as an open, collaborative and omnichannel company. Our strong and unique assets—from brands and products portfolio to distribution networks, from supply chain to innovation capability, supported by highly skilled teams—allow us to grow with the eyecare and eyewear market in a sustainable way and to deliver on our mission to help people ‘see more and be more.’ 

"We remain committed to improving consumer experience and services to eyecare professionals through innovation and to enhance market standards. As we celebrate these key milestones, we would like to thank our shareholders for their continued trust and support in achieving our goals.”