ALTIN AG – Decisions of the Annual General Meeting Montag, 09. Mai 2016 - 18:30
ALTIN AG – Decisions of the Annual General Meeting
Baar, 9 May 2016 – ALTIN AG (SIX: ALTN, LSE: AIA), the Swiss alternative investment company, held its Annual General Meeting today.
Thomas Amstutz is named Chairman of the Board. Dieter Dubs and Gerhard Niggli have been elected Board members for one year. Roger Rüegg and André Pabst have been re-elected for one more year.
The Compensation Committee is made up of Thomas Amstutz, André Pabst, and Roger Rüegg.
As announced previously Eric Syz and Peter Altorfer who acted as Director and Chairman respectively are stepping down. The Board of Directors would like to extend their thanks for their commitment and contribution over the years and wish them all the best.
Given the new, modified composition of the Board of Directors, a maximum total amount of remuneration of CHF 250’000 was approved for financial year 2017 (initially a total amount of CHF 90’000 was submitted for approval).
PricewaterhouseCoopers AG, the independent auditors have not been re-elected as announced on 3 May 2016. KPMG AG was appointed to take over this role.
Among the other items on the agenda, the 2015 annual report, Financial Statements and Consolidated Financial Statements have been approved. Also, retained earnings for the year 2015, amounting to CHF 120’885’268 are approved to be carried forward.
Finally, shareholders have unanimously discharged the Board of Directors and CEO.
