Komax : 4/14/2021 - Annual General Meeting of Komax Holding AG approves all of Board of Directors’ proposals

Dierikon, 14 April 2021

Media release

Annual General Meeting of Komax Holding AG approves all of Board of Directors' proposals

At the Annual General Meeting of 14 April 2021, the shareholders of Komax Holding AG approved all the proposals of the Board of Directors. As in the previous year, the Annual General Meeting took place at the premises of Komax Holding AG in Dierikon without shareholders attending in person. In total, 51.8% of the votes were represented by the independent proxy.

In accordance with the Swiss Federal Council's COVID-19 Ordinance 3, no shareholders were physically present at the Annual General Meeting. Instead, they were able to exercise their powers in respect of voting and electing via electronic or written instructions to the independent proxy, who represented 51.8% of the 3,850,000 shares in total.

The shareholders approved all the proposals of the Board of Directors by a clear majority. These included the proposals that the distribution of a dividend be waived and that all six incumbent members on the Board of Directors be re-elected for a further one-year term. These are Beat Kälin (Chairman), David Dean, Andreas Häberli, Kurt Haerri, Mariel Hoch, and Ro- land Siegwart. The shareholders elected Andreas Häberli, Beat Kälin, and Roland Siegwart to the Remuneration Committee.

The detailed voting results can be found in the appendix below.

Contact Roger Müller

Vice President Investor Relations / Corporate Communications Phone [phone] [e-mail]

Komax is a globally active technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry, the Komax Group helps its customers implement economical and safe manufacturing processes, especially in the automotive supply sector. The Komax Group employs more than 2000 people worldwide and provides sales and service support via subsidiaries and independent agents in more than 60 countries.

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APPENDIX - Voting results of the 2021 Annual General Meeting

		Proposal of the		No votes / Proportion of
Agenda item	Board of Directors	Yes votes	abstentions	yes votes
1.	Approval of the Annual Report and financial statements of Komax
	Holding AG as well as the consolidated financial statements for the
	2020 financial year	Yes votes	1,985,127	7,769	99.61%
2.	Discharge of the Board of Directors and Executive Committee	Yes votes	1,952,399	17,316	99.12%
3.	Appropriation of profit for the 2020 financial year	Yes votes	1,966,700	26,196	98.69%

4. Elections

4.1	Re-elections to the Board of Directors
	Beat Kälin as Chairman of the Board of Directors	Yes votes	1,774,302	218,594	89.03%
	David Dean as member of the Board of Directors	Yes votes	1,976,726	16,170	99.19%
	Andreas Häberli as member of the Board of Directors	Yes votes	1,721,297	271,599	86.37%
	Kurt Haerri as member of the Board of Directors	Yes votes	1,962,167	30,729	98.46%
	Mariel Hoch as member of the Board of Directors	Yes votes	1,982,629	10,267	99.48%
	Roland Siegwart as member of the Board of Directors	Yes votes	1,886,551	106,345	94.66%

4.2 Re-elections to the Remuneration Committee

	Andreas Häberli as member of the Remuneration Committee	Yes votes	1,701,313	291,583	85.37%
	Beat Kälin as member of the Remuneration Committee	Yes votes	1,839,771	153,125	92.32%
	Roland Siegwart as member of the Remuneration Committee	Yes votes	1,951,531	41,365	97.92%
4.3	Election of the independent proxy
	Law firm Tschümperlin Lötscher Schwarz AG, Lucerne	Yes votes	1,989,143	3,753	99.81%

4.4 Re-election of the external auditors

PricewaterhouseCoopers AG, Basel

Yes votes

1,619,910

372,986

81.28%

	Proposal of the		No votes /	Proportion of
Agenda item	Board of Directors	Yes votes	abstentions	yes votes

5. Compensation

5.1

Advisory vote on the Compensation Report for the 2020 financial year

Yes votes

1,661,317

331,579

83.36%

5.2 Approval of the total compensation payable to the Board of Directors

for the 2022 financial year

Yes votes

1,668,505

324,391

83.72%

5.3 Approval of the total compensation payable to the Executive Committee

for the 2022 financial year

Yes votes

1,897,529

95,367

95.21%