Annual General Meeting of HUBER+SUHNER AG: Shareholders endorse all of the Board of Directors’ proposals
Ad hoc announcement pursuant to Art. 53 LR
At the 52nd Annual General Meeting of HUBER+SUHNER AG on 31 March 2021 in Pfäffikon ZH (Switzerland) the shareholders endorsed all proposals of the Board of Directors.
The retained earnings of CHF 286,021,059 will be used as follows:
- Dividend of CHF 1.30 gross per registered share CHF 25,314,068
- The balance carried forward amounts to CHF 260,706,991
With the ex-dividend date of 6 April 2021, payment of the dividend will be accomplished free of bank charges on Thursday, 8 April 2021.
The Annual General Meeting confirmed Urs Kaufmann as Chairman of the Board of Directors as well as all other present members of the Board of Directors in office.
Ernst & Young AG, Zurich, was appointed as the company's auditors for the financial year 2021, and the law firm Bratschi Ltd., Zurich, as independent proxy up to and including the Annual General Meeting 2022. The shareholders approved all proposed compensations.
In accordance with Covid-19 Ordinance 3 of the Swiss Federal Council, the Annual General Meeting was held without the physical participation of shareholders. They were able to cast their votes in writing or electronically by issuing a power of attorney to the independent proxy. The Annual General Meeting was held on the premises of HUBER+SUHNER AG at its registered office in Pfäffikon ZH in the presence of the independent proxy and, via video conference, a representative of the auditors.
The minutes of the Annual General Meeting of HUBER+SUHNER AG with detailed results on the individual agenda items will be available at hubersuhner.com (Company/Annual General Meeting) from Thursday, 1 April 2021.
Head Corporate Communications
+41 44 952 2560
Media release (PDF)