103 shareholders attended the Annual Shareholder Meeting of COMET Holding AG in Berne, which together with the votes delegated to the independent shareholder representative, re-presented a total of 379’623 (49.79%) of the voting rights of COMET Holding AG.
Approval of the annual financial statements and the distribution of paid-in capital
The Annual Shareholder Meeting approved the 2011 annual report and financial statements. Retained earnings of CHF 21.1 million were carried forward to new account. The proposal by the Board of Directors for the transfer of paid-in capital and the payment of CHF 4.00 per registered share from the distributable paid-in capital reserve were also approved. Share-holders will receive the payment on April 25, 2012. The Board of Directors was granted full discharge for 2011.
Re-elections and new election
Members standing for re-election to the Board of Directors, Hans Hess, Hans Leonz Notter, Lucas A. Grolimund and Rolf Huber, were appointed for a further one-year term up to the 2013 Annual Shareholder Meeting. Hans Hess will continue as Chairman of the Board of Directors. Prof. Dr. Gian-Luca Bona, CEO of Empa was elected as a new member of the Board of Directors. He will take over as Head of the Innovation and Technology Committee.
Election of the auditors
The Annual Shareholder Meeting also approved the Board of Directors’ proposal to extend the mandate of Ernst & Young AG as the auditors of COMET Holding AG for a further year. Ernst & Young AG has already confirmed in writing that it will be pleased to accept the mandate.
The next Annual Shareholder Meeting of COMET Holding AG will be held on April 18, 2013 in Berne.
2012 corporate calendar:
August 23, 2012 Publication of the 2012 half-year report
November 14, 2012 Investor Day 2012