2016 Annual General Meeting

The 2016 Annual General Meeting took place:

Friday, 8th April 2016, at 10:30 a.m. in the Congress Center Basel, San Francisco Hall, Messeplatz 21, Basel, Switzerland

The shareholders approved all the proposals put forward by the Board of Directors. The meeting was attended by 362 shareholders, who together with proxies represented 80% of the total share capital. The shareholders were able to give their voting instructions to the independent proxy online in advance. 

The meeting approved the following:

  • The Management Report, the Annual Financial Statements, the Consolidated Financial Statements for the business year 2015 and in a consultative vote the Compensation Report for the business year 2015.
  • The appropriation of the available earnings: CHF 63.2 million for the dividend and CHF 733.7 million for retained earnings.
  • The discharge of the Board of Directors for their activities in the Business Year 2015.
  • The compensation of the Board of Directors for the next term.
  • The compensation of the Executive Management:

    • The fixed compensation of the Executive Management for the period 1 April 2016 – 31 March 2017
    • The long-term variable compensation of the Executive Management for the current business year
    • The short-term variable compensation of the Executive Management for the business year 2015.
       
  • The increase of the contingent share capital to CHF 44’000.
  • The increase of the number of mandates permitted outside the Group for members of the Executive Committee from one to two mandates.
  • The election of Gilbert Achermann as chairman and member and the election of Dr Sebastian Burckhardt, Roland Hess, Ulrich Looser, Dr Beat Lüthi, Stefan Meister and Dr h.c. Thomas Straumann as members to the Board of Directors for a term of one year.
  • The election of Ulrich Looser, Dr Beat Lüthi and Stefan Meister to the Compensation Committee for a term of one year.
  • The election of NEOVIUS Schlager & Partner as the independent voting representative for a term of one year.
  • The election of Ernst & Young AG as auditors for a term of one year.

Calendar

  • Ex date: 12 April 2016
  • Payment date: 14 April 2016

2017 Annual General Meeting

The 2017 ordinary general meeting of Straumann’s shareholders will be convened on 7 April 2017 at the Basel Congress Center.