Administrative details for the Annual General Meeting:
Shareholders can attend the Annual General Meeting (AGM) in person in Zurich or they can cast their vote online or by granting a power of attorney and issuing voting instructions to the independent proxy. Further details on the AGM and information on how to grant a power of attorney are provided in the “Administrative details” section of the invitation to the AGM that was sent to shareholders today.
Selected agenda items:
As announced on 22 February 2023, the Board of Directors of EFG International is proposing to the AGM that a dividend of CHF 0.45 per registered share be paid for the 2022 financial year. This represents an increase of 25% compared to the dividend for the 2021 financial year. The distribution will be paid out of reserves from capital contributions and will be free from Swiss withholding tax. Subject to shareholder approval at the AGM on 21 April 2023, the ex-dividend date will be 25 April 2023 and the payment of the cash distribution is scheduled for 27 April 2023.
As previously announced, Susanne Brandenberger and Steven Jacobs are not standing for re election at the forthcoming AGM. They will be succeeded by Philip Lofts (see separate media release issued today) and Maria Leistner (see media release of 01 November 2022). The Chair of the Board of Directors and all other current members of the Board of Directors will stand for re-election for a further one-year term of office ending at the conclusion of the next AGM.
Further proposals to the AGM include but are not limited to:
- The approval of the compensation of the Board of Directors and the Executive Committee.
- The replacement of the current, no longer renewable authorized capital by a capital band having an upper and lower limit of approx. 130% and 70% of the share capital currently registered in the commercial register.
- Other amendments to the Articles of Association in the context of the revision of Swiss Stock Corporation Law.
Invitation and agenda items for the AGM
The invitation and all agenda items for the AGM in English and German can be found on EFG International’s website at: efginternational.com/ch/investors/annual-general-meeting
This document has been prepared by EFG International AG (“EFG”) solely for use by you for general information only and does not contain and is not to be taken as containing any securities advice, recommendation, offer or invitation to subscribe for, purchase or redeem any securities regarding EFG.
This media release includes forward-looking statements that reflect EFG’s intentions, beliefs or current expectations and projections about EFG’s future results of operations, financial condition, liquidity, performance, prospects, strategies, opportunities and the industries in which it operates. Forward-looking statements involve all matters that are not historical facts. EFG has tried to identify those forward-looking statements by using the words ‘may’, ‘will’, ‘would’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘project’, ‘believe’, ‘seek’, ‘plan’, ‘predict’, ‘continue’ and similar expressions. Such statements are made on the basis of assumptions and expectations which, although EFG believes them to be reasonable at this time, may prove to be erroneous.
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