Today at the Annual General Meeting (AGM) of Straumann Holding AG, the Straumann shareholders approved all the proposals put forward by the Board of Directors by a large majority. The meeting was attended by 255 shareholders, who together with the independent voting representative, represented 72.17% of the total share capital.
The shareholders approved the following:
The next ordinary general meeting of Straumann’s shareholders will be convened on 12 April 2024 at the Basel Congress Center.
Disclaimer
This release contains forward-looking statements that reflect the current views of management, and which are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Straumann Group to differ materially from those expressed or implied in this document. Statements are made on the basis of management's views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, pandemics, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside Straumann's control. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Straumann is providing the information in this release as of this date and does not undertake any obligation to update any statements contained in it as a result of new information, future events or otherwise. This release constitutes neither an offer to sell nor a solicitation to buy any securities.
The shareholders approved the following:
- The Management Report, the Annual Financial Statements and the Consolidated Financial Statements for the 2022 business year.
- The Compensation Report for the 2022 business year, in a consultative vote.
- The appropriation of earnings and dividend payment for the 2022 business year: CHF 127 million for the dividend with a balance of approximately CHF 1.6 billion carried forward. The approved dividend corresponds to CHF 0.80 per share. The dividend will be paid net of 35% withholding tax as of 13 April 2023. The ex-dividend date is 11 April 2023.
- Discharge of the Board of Directors and the Executive Management for the 2022 business year.
- The fixed compensation of the Board of Directors collectively for the next term.
- The compensation of the Executive Management.
- The re-election of Gilbert Achermann as Member and Chairman of the Board, as well as Marco Gadola, Juan José Gonzalez, Petra Rumpf, Dr h.c. Thomas Straumann, Nadia Tarolli Schmidt and Regula Wallimann as Board Members – each for a term of one year.
- The election of Dr. Olivier Filliol as a new Board Member.
- The re-election of Regula Wallimann and Nadia Tarolli Schmidt and the election of Marco Gadola to the Human Resources & Compensation Committee for a term of one year.
- The re-election of Neovius AG in Basel as the independent voting representative for a term of one year.
- The re-election of Ernst & Young AG, Basel, as auditors for the 2023 business year.
- Amendments of the Articles of Association.
The next ordinary general meeting of Straumann’s shareholders will be convened on 12 April 2024 at the Basel Congress Center.
Disclaimer
This release contains forward-looking statements that reflect the current views of management, and which are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Straumann Group to differ materially from those expressed or implied in this document. Statements are made on the basis of management's views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, pandemics, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside Straumann's control. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Straumann is providing the information in this release as of this date and does not undertake any obligation to update any statements contained in it as a result of new information, future events or otherwise. This release constitutes neither an offer to sell nor a solicitation to buy any securities.
