Shareholders Adopt All Motions Proposed by the Board of Directors
• Distribution of a dividend of CHF 3.00 per share approved
• Remuneration Report 2023 and future remuneration of Board of Directors and Group Executive Committee formally accepted
• All members of the Board of Directors who stood for re-election were elected
• Thomas Oetterli newly appointed Chairman of the Board of Directors
• Jennifer Maag newly appointed to the Board of Directors
• Amendments to the Articles of Association approved
On April 17, 2024, 312 shareholders, who represent 68.7% of the share capital, attended the 133rd Annual General Meeting of Rieter Holding Ltd.
Dividend
The shareholders approved the proposal of the Board of Directors to distribute a dividend of CHF 3.00 per share. The dividend for the 2023 financial year will be paid on April 23, 2024.
Annual Report, Financial Statements, Consolidated Financial Statements and Remuneration Report
The shareholders also adopted all other motions proposed by the Board of Directors, namely approval of the annual report, financial and consolidated financial statements for 2023. Moreover, they formally approved the actions of the members of the Board of Directors and those of the Group Executive Committee in the year under review.
By way of two separate consultative votes, the shareholders approved both the 2023 Remuneration Report and the 2023 report on non-financial matters.
Remuneration of the Members of the Board of Directors and the Group Executive Committee
In two separate binding votes, the proposed maximum total remuneration of the members of the Board of Directors and the Group Executive Committee for the 2025 financial year was approved.
Election to Board of Directors
The members of the Board of Directors who were standing for election – Peter Spuhler, Hans-Peter Schwald, Roger Baillod, Carl Illi, Sarah Kreienbühl, Daniel Grieder and Thomas Oetterli – were confirmed for a further one-year term of office. In addition, Jennifer Maag was newly elected to the Board of Directors for a term of office.
Chairman of the Board of Directors Bernhard Jucker was no longer available to stand for re-election. The general meeting elected Thomas Oetterli as Chairman of the Board of Directors.
The members of the Remuneration Committee who were standing for election – Sarah Kreienbühl and Hans-Peter Schwald – were re-elected for a one-year term of office. Daniel Grieder was newly elected to the Remuneration Committee.
Amendments to the Articles of Association
The shareholders further approved the proposals of the Board of Directors to amend the Articles of Association of Rieter Holding Ltd.
