At today’s Annual General Meeting (AGM), which took place in Stans without audience based on Article 6a of the Swiss Federal Government’s Ordinance 2 on measures to fight Covid-19, shareholders approved all proposals through voting instructions to the independent proxy.
Daniel von Stockar, Chairman of SoftwareONE, stated: “In these unprecedented times, we all have to adapt the way we communicate and work. SoftwareONE’s AGM this year was held in accordance with the guidance from the federal authorities to best protect the health and safety of our shareholders and employees. I would like to extend my gratitude and appreciation to our shareholders for their understanding and continuous support of our company.”
The AGM approved the Annual Report (including the Management Report), the Annual Statutory and Consolidated Financial Statements for the financial year 2019 and in a non-binding (consultative) vote, the Compensation Report for 2019.
A dividend of CHF 0.21 per share was approved and will be paid out of non-Swiss capital contribution reserves on 22 May 2020. The shares will be traded ex-dividend as from 19 May 2020 and the dividend record date is 20 May 2020.
The shareholders voted in favor of granting discharge to the members of the Board of Directors and the members of the Executive Board for the financial year 2019.
The shareholders re-elected Daniel von Stockar as member and Chairman of the Board of Directors. Beat Curti, José Alberto Duarte, Andreas Fleischmann, René Gilli, Johannes Huth, Timo Ihamuotila, Peter Kurer, Marie-Pierre Rogers, and Jean-Pierre Saad were re-elected as members of the Board for another term of office until the 2021 AGM, while Marina Nielsen did not stand for re-election. The shareholders also re-elected all members of the Nomination and Compensation Committee, Johannes Huth, Peter Kurer, Marie-Pierre Rogers and Daniel von Stockar for a one-year term of office until the 2021 AGM.
The shareholders re-elected Keller KLG, Zurich, Switzerland as Independent Proxy and Ernst & Young AG as Auditor for a one-year term of office.
Furthermore, shareholders approved the maximum aggregate compensation of the Board of Directors until the 2021 AGM and the maximum aggregate compensation of the Executive Board for the 2021 financial year. Shareholders also voted in favor of an increase of the maximum aggregate compensation for the members of the Executive Board for the financial year 2020.