VAT Group AG Annual General Meeting 2019:; Shareholders approve all Board proposals Donnerstag, 16. Mai 2019 - 17:33

At today’s ordinary Annual General Meeting of VAT Group AG, the attending shareholders approved all motions proposed by the Board of Directors.

489 shareholders representing 55.3% percent of the company’s share capital were present at the meeting held in St Gallen.

The shareholders re-elected Dr. Martin Komischke as Chairman of the Board of Directors. In addition Urs Leinhäuser, Karl Schlegel, Dr. Hermann Gerlinger, Heinz Kundert und Dr. Libo Zhang were confirmed as members of the Board of Directors.

The shareholders elected Dr. Martin Komischke, Karl Schlegel and Heinz Kundert to the Nomination and Compensation Committee.

The shareholders approved the payout from capital contribution reserves of CHF 4.00 per registered share of VAT. The payment will take place on May 24, 2017. The shareholders also approved the annual report 2018, the annual financial statements of VAT Group AG and the consolidated accounts.

The compensation report 2018 was endorsed by a vast majority of shareholders in an advisory vote. Shareholders also approved in separate binding votes the short-term variable compensation (STI) of the Group Executive Committee for the financial year 2018, the total maximum amount of fixed compensation of the Group Executive Committee for the financial year 2020, the maximum amount of the long-term incentive (LTI) of the Group Executive Committee for the financial year 2020 and the total maximum amount of compensation for the members of the Board covering the next term until the Annual General Meeting 2020.

For further information, please contact:

VAT Group AG

Communications & Investor Relations

Michel R. Gerber

T +41 81 772 42 55

Financial calendar