VAT Group AG Conducts Successful Annual General Meeting for 2024

VAT Group AG held its Annual General Meeting (AGM) on May 14, 2024, where shareholders voted in favor of all proposals put forth by the Board of Directors. The meeting saw a significant shareholder presence, with 351 shareholders representing 67.82% of the company’s share capital. Among the key decisions was the approval of a steady dividend of CHF 6.25 per share.

Dr. Martin Komischke was re-elected as Chairman of the Board of Directors. Meanwhile, Thomas A. Piliszczuk joined the board, taking over from Maria Heriz who did not re-stand for election. The company’s financial calendar also indicates that the dividend payment will occur on May 21, 2024, following the requisite ex-dividend date set for May 16, 2024.

Additionally, the AGM saw positive responses towards the company's financial and non-financial reports, with strong shareholder endorsement of the 2023 compensation and sustainability reports. Strategic compensation structures for the executive committee also received approval, securing executive incentives for the fiscal year 2025.