Annual General Meeting approves all motions proposed by the Board of Directors
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Bystronic AG
/ Key word(s): AGMEGM
Zurich, April 25, 2023 – At today’s Annual General Meeting, the shareholders of Bystronic AG approved the motions of the Board of Directors. In particular, the distribution of a dividend of CHF 12.00 per class A registered share and CHF 2.40 per class B registered share was approved. Jacob Schmidheiny stepped down after 46 years on the Board of Directors – 30 years as Chairman – for reasons of age. The Board of Directors thanks Jacob Schmidheiny for his successful work and the excellent cooperation. The shareholders elected all other members of the Board of Directors for a further term of office of one year and confirmed Heinz O. Baumgartner as Chairman of the Board of Directors. Felix Schmidheiny and Eva Zauke were elected as new members. Urs Riedener and Robert F. Spoerry were also confirmed as existing members of the Compensation Committee. Inge Delobelle was newly elected to the committee. The shareholders approved the maximum total compensation of the Board of Directors for the term of office until the Annual General Meeting 2024 as well as the maximum total amount for the compensation of the Executive Committee for the financial year 2024. In an advisory vote, the Compensation Report 2022 was also approved. In line with the proposal of the Board of Directors, the shareholders elected PricewaterhouseCoopers as new auditors for the 2023 financial year. The shareholders also approved the proposal of the Board of Directors to revise the Articles of Association of Bystronic AG in order to implement the requirements of the reform of Swiss company law, which came into force on January 1, 2023. For queries: About Bystronic Bystronic’s operational headquarters are located in Niederönz (Switzerland). Additional development and production sites are located in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin, Shanghai, and Shenzhen (China), and Hoffman Estates (USA). We are active with our own sales and service companies in more than 30 countries and are represented by agents in numerous other countries. Disclaimer Additional features: File: Annual General Meeting approves all motions proposed by the Board of Directors
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| Language: | English |
| Company: | Bystronic AG |
| Giesshübelstrasse 45 | |
| 8045 Zürich | |
| Switzerland | |
| Phone: | +41 79 637 46 33 |
| E-mail: | investor@bystronic.com |
| Internet: | ir.bystronic.com |
| ISIN: | CH0244017502 |
| Valor: | A117LR |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1615505 |
| End of News | EQS News Service |
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1615505 25.04.2023 CET/CEST
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