Press release BoxID: 670752 (Dätwyler Holding AG)

Dätwyler Holding AG
Gotthardstr. 31
6460 Altdorf, ch
http://www.daetwyler.ch

Contact person
Guido Unternährer
+41 (41) 87519-00

Datwyler AGM approves all Board proposals

(PresseBox) ( Altdorf, 14-04-09 )

On Tuesday, 8 April 2014, Dätwyler Holding Inc. held its 56th Annual General Meeting at the theatre (uri) Tellspielhaus in Altdorf. The 228 shareholders attending the meeting approved all proposals put forward by the Board of Directors.

In view of the promising outlook and solid profitability, the Annual General Meeting declared an increased dividend of CHF 2.80 (previous year: CHF 2.60) per bearer share and CHF 0.56 (previous year: CHF 0.52) per registered share. This represents a payout ratio of 37.1% (previous year: 32.1%). The dividend will be paid from 15 April 2014 upon presentation of Coupon No. 7.

Furthermore, the Annual General Meeting approved a comprehensive amendment to the Articles of Association to implement the Swiss Ordinance against Excessive Compensation in Listed Companies (VegüV). One year earlier than required by law, the shareholders approved the maximum remuneration to be paid to the Board of Directors and Executive Board and elected the members of the Remuneration Committee and the Independent Proxy for the first time. In addition, Werner Inderbitzin resigned from the Board after 12 years of service as a Director. Chairman Ulrich Graf expressed appreciation for all his contributions to the Datwyler Group. The Board of Directors of Dätwyler Holding Inc. now consists of six members.

Dätwyler Holding AG

The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Technical Components Division is one of Europe's foremost highservice distributors of electronic, automation and ICT components and accessories. The Sealing Solutions Division is a leading supplier of customised sealing solutions to global market segments, such as the automotive, health care, civil engineering and consumer goods industries etc. With a total of more than 50 operating companies, sales in over 100 countries and some 6,500 employees, the Datwyler Group generates annual revenue of some CHF 1,300 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

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