GAM : publishes AGM agenda

23 April 2024 GAM Holding AG publishes AGM agenda

• GAM Holding AG will hold its Annual General Meeting in Zurich on 15 May 2024
• To provide long-term stability and support the implementation of GAM's strategy, the Board of Directors proposes an ordinary capital increase by way of a rights issue
• All existing members of the Board of Directors are standing for re-election
• In addition, Inès de Dinechin, Anne Empain and Donatella Ceccarelli are nominated to the Board of Directors. If elected, they will bring further in-depth industry knowledge to the Board of Directors and contribute to the desired gender representation

GAM Holding AG today published the invitation including the agenda for its Annual General Meeting (AGM) to be held in Zurich on 15 May 2024.

To support the implementation of GAM's strategy, the Board of Directors proposes to shareholders to approve an ordinary capital increase by way of a rights issue. The proposed rights issue, of up to CHF 100 million, will be offered to all existing shareholders, and will be fully underwritten by Rock Investment SAS, a group company of GAM's anchor shareholder NJJ Holding SAS. This will effectively capitalise the loan facility granted by Rock Investment SAS and provide enhanced long-term stability for GAM.

The invitation to the Annual General Meeting states that the proposed rights issue is subject to the Swiss Takeover Board granting an exemption from the requirement to make a tender offer if Rock Investment SAS exceeds the threshold of 33 1/3 of the voting rights of GAM Holding AG after the rights offering.

GAM is delighted to announce that the Swiss Takeover Board has now made the decision to grant Rock Investment SAS the exemption from the requirement to make a tender offer in connection with the capital increase.

All existing members of the Board of Directors are standing for re-election. In addition, the Board of Directors nominates three new female candidates to be elected to the Board. If elected, the majority of the members of the Board of Directors will be non-executive and independent. They will bring further in-depth industry knowledge to the Board of Directors and contribute to the desired gender representation, an important element of GAM's commitment to foster diversity, equality and inclusion.

Brief biographies, the invitation and information related to agenda items are published on www.gam.com/agm2024. The AGM will be held in English.

Upcoming events:

15 May 2024	Annual General Meeting
8 August 2024	Half year results 2024

For further information please contact:

Media Relations Ute Dehn Christen T [phone]

Investor Relations Richard McCallum T [phone]

Visit us at: www.gam.com

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About GAM

GAM is an independent investment manager that is listed in Switzerland. Total assets under management were CHF 63.8 billion as of 31 December 2023, with Investment Management at CHF 19.3 billion and Fund Management Services at CHF 44.7 billion. As of 31 January 2024, Fund Management Services were successfully transferred to the Carne Group. GAM has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983 and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland.

Other Important Information

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