2026 Annual General Meeting of Zurich Airport Ltd. Freitag, 17. April 2026 - 18:23

The 2026 Annual General Meeting focused on the successful course of business in 2025 and developments in the current year. Zurich Airport Ltd. reported revenue of CHF 1,361 million (+3%) and annual profit of CHF 346 million (+6%) for the 2025 financial year. The positive revenue trend is attributable to both aviation and non-aviation business. 

The Annual General Meeting at The Circle Convention Center also focused on the company’s long-term orientation and resilience. In his speech, Chairman of the Board of Directors, Josef Felder, emphasised that Zurich Airport Ltd. was in a good position and had a very successful year. This strength rests upon the diversified business model in particular, with its Aviation, Commercial, Real Estate and International divisions. International activities are also of key importance with regard to future challenges and the further development of the Zurich site. It remains necessary to build up resilience in a targeted manner, especially in a stable and successful phase.

Approval of new dividend policy  

The shareholders approved all items on the agenda in accordance with the formal requests of the Board of Directors. The Annual General Meeting approved the proposed amendments to the Articles of Association of Zurich Airport Ltd., including an amendment that establishes a basis for modern remuneration models for the Management Board and the Board of Directors. In addition, formal approval was granted for the correction of a formal error in the reserve allocation, which the company had already communicated in March. It was also decided to distribute an ordinary dividend of CHF 8.50 per share. This decision was based on the dividend policy adopted by the Board of Directors in the previous year, which stipulates a payout ratio of around 75% of net profit adjusted for one-off effects, provided that the leverage ratio of Zurich Airport Ltd. is low.

For the third time in a row, a vote was also taken on the non-financial reporting, which shows developments in the area of sustainability in the past year. 

Election of the Board of Directors 

The members of the Board of Directors standing for re-election, Claudia Pletscher, Corine Mauch, Stephan Gemkow and Josef Felder as Chairman, were elected for a further year. 

Stefan Paul, CEO of Kühne+Nagel International AG, was elected to the Board of Directors as of May 2026. He succeeds Guglielmo Brentel, who did not stand for re-election after 12 years. Zurich Airport Ltd. would like to thank Guglielmo Brentel for his great commitment. He contributed to the success of the airport as a well-connected expert in the tourism industry with entrepreneurial foresight. 

The representatives of the Canton of Zurich mandated to sit on the Board of Directors are Carmen Walker Späh, Head of Zurich’s Department of Economic Affairs, Beatrix Frey-Eigenmann and Beat Schwab. They were not elected in the Annual General Meeting, but delegated by the Zurich Government Council.

Stefan Paul was elected as a new member of the Nomination & Compensation Committee (NCC). The composition of this committee will be as follows: Claudia Pletscher (Chair), Beat Schwab, Stefan Paul and Josef Felder (without voting rights). 

 

Read the 2025 integrated report