PRESS RELEASE

from KOMAX Holding AG (isin : CH0010702154)

Annual General Meeting approves dividend increase

KOMAX Holding AG / Key word(s): AGMEGM
Annual General Meeting approves dividend increase

12.04.2023 / 20:13 CET/CEST


Dierikon, 12 April 2023

Media release

At the Annual General Meeting held on 12 April 2023 at the Culture and Convention Center Lucerne, the shareholders of Komax Holding AG approved all the proposals of the Board of Directors. Among other things, they confirmed all incumbent members of the Board of Directors for another term of office and approved a dividend of CHF 5.50 per share as well as the proposed amendment to the Articles of Association.

 

307 shareholders took part in the Annual General Meeting of Komax Holding AG at the Culture and Convention Center Lucerne. They approved all proposals of the Board of Directors by a significant majority. Overall, 70.8% of the share capital was represented.

 

The shareholders approved the proposed dividend increase to CHF 5.50 per share (previous year: CHF 4.50), corresponding to a payout ratio of 54.5%. Of this amount, CHF 2.75 will be distributed from capital contribution reserves, and will therefore be tax-free for natural persons domiciled in Switzerland who hold the shares as part of their private assets. The ex-date is Friday, 14 April 2023. The dividend will be paid on Tuesday, 18 April 2023.

 

The comprehensive amendment of the Articles of Association was also widely approved. Komax Holding AG can therefore comply with the requirements of the revised Swiss law on companies limited by shares, which entered into force on 1 January 2023, and also reflect current best practice in the area of corporate governance.

 

Finally, the shareholders re-elected all seven incumbent members of the Board of Directors for a further term of one year. These are Beat Kälin (Chairman), David Dean, Andreas Häberli, Kurt Haerri, Mariel Hoch, Roland Siegwart, and Jürg Werner. The shareholders elected Andreas Häberli, Beat Kälin, and Roland Siegwart to the Remuneration Committee.

 

The detailed voting results can be found in the appendix below.

Contact
Roger Müller
Vice President Investor Relations / Corporate Communications
Phone +41 41 455 06 16
roger.mueller@komaxgroup.com
 

Komax is a globally active technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry, the Komax Group helps its customers implement economical and safe manufacturing processes, especially in the automotive supply sector. The Komax Group employs about 3'400 employees worldwide and provides sales and service support via subsidiaries and independent agents in more than 60 countries.

Komax News Portal
Topics and insights from the world of automated wire processing: https://newsportal.komaxgroup.com/en

Komax Holding AG, Industriestrasse 6, 6036 Dierikon, Switzerland
Phone +41 41 455 04 55, komaxgroup.com



End of Media Release


Language:English
Company:KOMAX Holding AG
Industriestrasse 6
6036 Dierikon
Switzerland
ISIN:CH0010702154
Valor:907324
Listed:SIX Swiss Exchange
EQS News ID:1606335

 
End of NewsEQS News Service

1606335  12.04.2023 CET/CEST

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