ANNUAL GENERAL MEETING 2015 OF KUDELSKI SA Dienstag, 31. März 2015 - 17:45

Cheseaux, Switzerland – March 31, 2015 – The Annual General Meeting of Kudelski SA (SIX:KUD.S) was held today at the company’s headquarters in Cheseaux-sur-Lausanne. All proposals of the Board of Directors were voted with strong majorities. 109 shareholders attended the Meeting or were represented corresponding to 64’435’737 shares out of a total of 95’752’999 shares.

The shareholders approved the annual report, Kudelski SA’s financial statements and the Group’s 2014 consolidated accounts and profit allocation. They also approved the reports of the Group auditors, as well as the discharge of the Board of Directors and the Executive Board for 2014.

Mrs. Marguerite Kudelski and Messrs. Laurent Dassault, Joseph Deiss, Patrick Foetisch, André Kudelski, Pierre Lescure, Alec Ross, Claude Smadja and Alexandre Zeller were re-elected as members of the Board for a one-year term. Mr. André Kudelski was also re-elected as Chairman of the Board of Directors.

The shareholders re-elected Messrs. Patrick Foetisch, Claude Smadja, Pierre Lescure, Alexandre Zeller and Joseph Deiss as members of the Remuneration and Nomination Committee.

PricewaterhouseCoopers SA in Lausanne (Pully) was re-elected as the Group’s audit firm for a one-year period. Mr. Jean-Marc Emery, notary in Morges, was re-elected as an independent representative for a one-year period.

An ordinary distribution of CHF 0.30 per bearer shares and of CHF 0.03 per registered share will be paid on April 9, 2015 upon presentation of coupon No 14 and 15. Coupon No 14 of CHF 0.20 per bearer share and of CHF 0.02 per registered share is not subject to withholding tax as it is funded from the capital contribution reserve. Coupon No 15 of CHF 0.10 per bearer share and of CHF 0.01 per registered share out of retained earnings is subject to withholding tax.

Note
The 2014 Annual Report PDF file is available on: http://www.nagra.com/investors/publications.