Annual General Meeting of Shareholders 2016
- Dividend maintained at prior year’s level; fifth consecutive dividend payout
- Prof. Dr. Michael Süss reelected as Chairman of the Board
- Dr. Jean Botti, David Metzger and Alexey V. Moskov voted in as new Board members
- All Board members who stood for re-election and all nominated members of the Human Resources Committee (HRC) approved
Pfäffikon SZ / Lucerne, 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 % 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.”
All voting results from Oerlikon’s 2016 AGM can be found at www.oerlikon.com/agm.
About Oerlikon
Oerlikon (SIX: OERL) is a leading global technology Group, with a clear strategy of becoming a global powerhouse in surface solutions, advanced materials and materials processing. The Group is committed to investing in value-bringing technologies that provide customers with lighter, more durable materials that are able to increase performance, improve efficiency and reduce the use of scarce resources. A Swiss company with over 100 years of tradition, Oerlikon has a global footprint of over 13 500 employees at more than 170 locations in 37 countries and sales of CHF 2.7 billion in 2015. The company invested CHF 103 million in R&D in 2015 and has over 1 350 specialists developing innovative and customer-oriented products and services.
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OC Oerlikon Corporation AG, Pfäffikon, (together with its affiliates hereinafter referred to as “Oerlikon”) has made great efforts to include accurate and up-to-date information in this document. However, Oerlikon makes no representation or warranties, expressed or implied, as to the truth, accuracy or completeness of the information provided in this document. Neither Oerlikon nor any of its directors, officers, employees or advisors, nor any other person connected or otherwise associated with Oerlikon, shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this document.
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