At the Annual General Meeting of Shareholders of HUBER+SUHNER AG on 5 April 2017 in Pfäffikon the shareholders accepted all proposals of the Board of Directors. The retained earnings of CHF 239’740’063 will be used as follows:
| • Dividend of CHF 1.25 gross per registered share | CHF | 24’314’200 |
| • The balance carried forward amounts to | CHF | 215’425’863 |
With the ex-dividend date of 7 April 2017, payment of the dividend will be accomplished free of bank charges on Tuesday, 11 April 2017.
The 48th Annual General Meeting elected Urs Kaufmann as Chairman of the Board of Directors. He succeeds Dr. Beat Kälin and he was furthermore elected to the Nomination and Compensation Committee where he succeeds Christoph Fässler. All other previous members of the Board of Directors were confirmed in office.
PricewaterhouseCoopers AG was appointed as the company’s auditors for the financial year 2017, and the law firm Schoch, Auer & Partner, St. Gallen as independent proxy up to and including the Annual General Meeting 2018. The shareholders approved all proposed compensations.
