Annual General Meeting of Shareholders 2018

Martin Kühn appointed to the Board of Directors

At the annual general meeting of shareholders of Bossard Holding AG all motions of the Board of Directors were approved with a large majority. After the resignation of Helen Wetter-Bossard, Martin Kühn was newly elected to the Board of Directors. The annual general meeting of shareholders approved all current directors in their posts. Dr. Thomas Schmuckli remains as Chairman of the Board of Directors.

In January 2018, the Board of Directors of the Bossard Holding AG informed about the resignation of Helen Wetter-Bossard and has nominated at the same time Martin Kühn as her successor. Martin Kühn, who has been with the KIBAG Group since 2010, will bring his knowledge as CFO of KIBAG and his experience as a business economist and Swiss-certified auditor to the Board of Directors.

In addition, the annual general meeting of shareholders approved the motion of the Board of Directors to increase the dividend by 27.3 percent. Accordingly, from the record net income of CHF 80.2 million (previous year: CHF 62.4 million) a gross dividend of CHF 4.20 will be paid out for the listed registered A shares and CHF 0.84 for the registered B shares. Bossard registered A shares will be traded ex-dividend from April 11, 2018. The dividend payment will be made on April 16, 2018.

The annual general meeting of shareholders also approved PricewaterhouseCoopers AG, Zurich, as auditors for the 2018 fiscal year.

A total of 780 shareholders attended the annual general meeting of shareholders: they represented 10,265,974 of a total of 13,400,000 possible votes.

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