Annual General Meeting 2015

Daniel Lippuner and René Cotting appointed to the Board of Directors

At the annual general meeting of shareholders (AGM) of Bossard Holding AG on Monday, all Board proposals were approved with a large majority. Following the departures since 2013, the Board of Directors now has further reinforcements with the election of Dr. René Cotting and Daniel Lippuner. The annual general meeting of shareholders approved all current directors in their posts. Dr. Thomas Schmuckli remains as Chairman of the Board of Directors.

Back in September 2014, the Board of Directors of Bossard Holding AG announced that it would be filling the vacancies in the Board and, with the appointment of Dr. René Cotting and Daniel Lippuner, intended to bring new skills to the Board. Dr. René Cotting, CFO on the executive committee of ABB Switzerland, will bring in particular his European and American market knowledge and his experience in the areas of finance and supply chain management to the Board. Daniel Lippuner, CEO of the Saurer Group, will be a strong addition to the Board with his global industry experience and his expertise in the field of innovation.

In addition, the AGM approved the dividend proposed by the Board of Directors. Accordingly, from the net income of CHF 57.1 million (previous year: CHF 56.0 million) a net dividend of CHF 3.00 will be paid out for the registered A shares and CHF 0.60 for the registered B shares. The dividend proposal is based on the current dividend payout policy of Bossard Holding AG, according to which the shareholders are entitled to 40 percent of the Group net income. Bossard registered A shares will be traded ex-dividend from April 15, 2015. The dividend payment will be made on April 20, 2015.

The annual general meeting of shareholders also approved PricewaterhouseCoopers AG, Zurich, as auditors for the 2015 financial year.

A total of 658 shareholders attended the annual general meeting or shareholders: they represented 10 458 682 of votes.