Administrative details for the Annual General Meeting
In view of the ongoing coronavirus situation, the Board of Directors has decided that the upcoming Annual General Meeting on 29 April 2022 will again be held without the personal attendance of shareholders. As a result, shareholders are invited to vote by giving a power of attorney and related voting instructions to the independent proxy, either by returning the proxy form or by exercising their voting rights online. Further information on how to grant a power of attorney is provided in the ‘Administrative details’ section of the invitation to the Annual General Meeting that has been sent to shareholders today.
Selected agenda items
As announced on 23 February 2022, for the 2021 financial year, the Board of Directors of EFG International proposes to the Annual General Meeting that a dividend of CHF 0.36 per registered share be paid by way of a distribution out of reserves from capital contributions. This represents an increase of 20% compared to the dividend paid for the 2020 financial year. Subject to shareholder approval at the Annual General Meeting on 29 April 2022, the ex-dividend date will be 04 May 2022 and the payment of the cash distribution is scheduled for 06 May 2022. The dividend is free from Swiss withholding tax.
The current members and the Chair of the Board of Directors will all stand for re-election for a further one-year term of office until the end of the next Annual General Meeting.
Further proposals to the Annual General Meeting include but are not limited to:
- The approval of the compensation of the Board of Directors and the Executive Committee.
- The renewal and minor amendment of the authorised share capital in a maximum amount of CHF 22,500,000, authorising the Board of Directors to issue up to 45,000,000 registered shares.
- The increase of the existing conditional share capital for employee options and similar rights by no more than CHF 2,150,000 by issuing no more than 4,300,000 fully paid-up registered shares representing approx. 1.4% of the total issued shares capital.
Invitation and agenda items for the AGM
The invitation and all agenda items for the Annual General Meeting in English and in German can be found on EFG International’s website at: efginternational.com/investors/annual-general-meeting