PFÄFFIKON, Switzerland — April 5, 2016 — A total of 303 shareholders attended Oerlikon’s Annual General Meeting of Shareholders (AGM) at the KKL Luzern in Lucerne, Switzerland, representing 69.30-percent of the total share capital. All resolutions were approved, including the dividend payout of CHF 0.30 per share for 2015.
Facilitating shareholders’ direct involvement in management compensation and in accordance with Swiss corporate governance standards, shareholders voted on the maximum aggregate prospective total compensation of the Board, the maximum aggregate prospective fixed and the retrospective variable compensation of the Executive Committee. All three items were accepted.
Prof. Dr. Michael Süss was re-elected as Chairman of the Board of Directors, while Gerhard Pegam and Hans Ziegler were both re-elected as members of the Board. Dr. Jean Botti, David Metzger and Alexey V. Moskov were voted in as new members of the Board. Additionally, shareholders approved the re- election of Prof. Dr. Michael Süss and Hans Ziegler and the election of Alexey V. Moskov as members of the HRC. All elected Board members will serve a one-year term.
“I sincerely thank all shareholders for their renewed confidence,” said Prof. Dr. Michael Süss. “We have the strategy and leadership in place to bring Oerlikon into its next era, and we are confident that we will build a company that can effectively seize future opportunities in attractive markets and create more value for shareholders over the medium to long term.”
Posted April 5, 2016