STRAUMANN HOLDING AG Straumann Group: 2019 AGM approves all proposals
Basel, 5 April 2019 - At their Annual General Meeting (AGM) in Basel today, the Straumann shareholders approved all the proposals put forward by the Board of Directors by a large majority. 374 shareholders attended the meeting. Together with proxies and online voters, they represented 74% of the total share capital.
The shareholders approved the following:
- The Management Report, the Annual Financial Statements and the Consolidated Financial Statements for the 2018 business year.
- The Compensation Report for the 2018 business year, in a consultative vote.
- The appropriation of earnings and dividend payment for the 2018 business year: CHF 83 million for the dividend with a balance of approximately CHF 1 billion carried forward. The approved dividend corresponds to CHF 5.25 per share, an increase of CHF 0.50 on the previous year. The dividend will be paid as of 11 April; the ex-dividend date is 9 April.
- The discharge of the Board of Directors for the 2018 business year.
- The fixed compensation of the Board of Directors for the next term in a maximum amount of CHF 2.7 million. Approximately 40% of the compensation is paid in shares at market value; these shares are blocked for two years.
- The compensation of the Executive Management, including a maximum total fixed compensation of CHF 7.3 million for the period from 1 April 2019 to 31 March 2020, a short-term variable compensation of CHF 6.1 million for the 2018 business year, and a maximum long-term, variable compensation of CHF 3.9 million for the 2019 business year.
- The re-election of Gilbert Achermann as Member and Chairman of the Board, as well as Monique Bourquin, Dr Sebastian Burckhardt, Ulrich Looser, Dr Beat Lüthi, Dr h.c. Thomas Straumann and Regula Wallimann as Board Members - each for a term of one year. The election of Juan-José Gonzalez as an additional Board Member for a term of one year.
- The re-election of Monique Bourquin, Ulrich Looser and Dr h.c. Thomas Straumann 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 2019 business year.
The voting results are published on the Straumann Group's website.
The next ordinary general meeting of Straumann's shareholders will be convened on 7 April 2020 at the Basel Congress Center.
About the Straumann Group
The Straumann Group (SIX: STMN) is a global leader in tooth replacement and orthodontic solutions that restore smiles and confidence. It unites global and international brands that stand for excellence, innovation and quality in replacement, corrective and digital dentistry, including Straumann, Neodent, Anthogyr, Medentika, ClearCorrect, Dental Wings, and other fully/partly owned companies and partners. In collaboration with leading clinics, institutes and universities, the Group researches, develops, manufactures and supplies dental implants, instruments, CADCAM prosthetics, biomaterials and digital solutions for use in tooth replacement and restoration or to prevent tooth loss.
Headquartered in Basel, Switzerland, the Group currently employs more than 6000 people worldwide and its products, solutions and services are available in more than 100 countries through a broad network of distribution subsidiaries and partners.
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Tensid EQS Ltd., Switzerland www.tensid.ch |
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