SIG Annual General Meeting 2023

288,050,915 votes or about 75.35 percent of the share capital were represented at SIG’s Annual General Meeting (“AGM”), which was held at SIG’s headquarters in Neuhausen am Rheinfall, Switzerland.

The AGM approved all proposals, including:

• A cash dividend of CHF 0.47 per share, to be paid out of capital contribution reserves. The payment of the dividend is scheduled for 27 April 2023.
• The maximum aggregate amount of compensation of the Board of Directors for the period from the 2023 AGM until the 2024 AGM and of the Group Executive Board for the financial year 2024 and, in a non-binding advisory vote, the Compensation Report 2022.
• An amendment to the Company’s purpose in the Articles of Association to explicitly state that the Board of Directors and the Group Executive Board shall endeavour to ensure that the group’s business activities and operations strive for long-term, sustainable value creation and a positive impact on society and the environment.
• The establishment of a capital band as introduced under the new Swiss corporate law in lieu of the existing authorized share capital. Under the capital band, the Board of Directors may increase the share capital by up to 20% of the current share capital if shareholders' subscription rights are safeguarded, and up to 10% if shareholders' subscription rights are restricted. The authority to reduce the share capital by cancellation or by par value reduction is limited to 10%. The authorisation under the capital band is limited to 3 years. Thereafter the Board of Directors will be required to ask shareholders to renew the capital band.

The AGM further re-elected all the Board of Directors who stood for re-election, as well as Florence Jeantet who was elected as a new member of the Board of Directors. Andreas Umbach was confirmed as Chair of the Board of Directors for a one-year term. Wah-Hui Chu and Mariel Hoch were re-elected and Matthias Währen was elected as members of the Compensation Committee for a one-year term.

The Board of Directors would like to take this opportunity to extend its sincere thanks to Colleen Goggins, who decided not to stand for re-election in 2023. The Board of Directors is grateful for her valuable contributions since joining the Board of Directors in 2018.