Myriad Group AG Shareholders Approve All Motions by the Board of Directors at the Annual General Meeting Donnerstag, 24. März 2016 - 17:35

1. The Shareholders’ Meeting approved the Annual Report, Group and Parent Company Accounts 2015 with 99.79% of the votes represented.
2. The Shareholders’ Meeting followed the proposal by the Board of Directors to endorse the Compensation Report 2015 with 92.19% of the votes represented.
3. The Shareholders’ Meeting followed the proposal by the Board of Directors to offset legal reserves in the amount of CHF 12,847,598, as well as capital contribution reserves of CHF 60,000,000, against the accumulated loss of CHF 107,432,193 million with 99.72% of the votes represented.
4. The members of the Board of Directors and of the Executive Management were granted discharge for the financial year 2015 with 97.91% of the votes represented.
5. The Shareholders’ Meeting followed the Board of Directors recommendation to approve the opting out proposal by Patinex AG with 91.52% of the votes represented on the basis of all shareholders present or represented. It has also been approved by a majority of 80.79% calculated on the basis of all shareholders present or represented but without the voting rights of Patinex AG.
6. Elections
   1. Messrs Erik Hansen and Mauro Saladini were re-elected in individual election procedures as members of the Board of Directors (and Mr Erik Hansen as chairman of the Board of Directors) for another term of office of one year with 99.70% and 99.69% respectively, of the votes represented.
   2. Mr David Galbraith was elected as a new member of the Board of Directors for a one-year term with 99.69% of the votes represented.
   3. Messrs Erik Hansen and Mauro Saladini were elected as members of the Compensation and Nomination Committee for a one-year term until the end of the next ordinary shareholders’ meeting with 99.56%, and 99.57% respectively, of the votes represented.
   4. PricewaterhouseCoopers AG, Zurich, was re-elected as Auditors for an additional one-year term of office with 99.83% of the votes represented.
   5. Roger Wirz, attorney at law, LL.M., 8400 Winterthur, was elected as Independent Proxy until the end of the next Annual General Meeting with 99.94% of the votes represented.
7. The Shareholders’ Meeting followed the proposal by the Board of Directors to set a maximum amount CHF 600,000 for compensation of the Board of Directors for the business year 2017 with 96.89% of the votes represented.
8. The Shareholders’ Meeting followed the proposal by the Board of Directors to set a maximum amount CHF 3,500,000 for compensation of the Executive Committee for the business year 2017 with 96.87% of the votes represented.

http://www.myriadgroup.com/en/investors/general-meetings/

ENDS