Annual General Meeting 2015 – Shareholders approve all proposals put forward by the Board of Directors

Horgen, May 6, 2015 – At the Annual General Meeting of Schweiter Technologies AG held today in Horgen, shareholders approved all proposals of the Board of Directors.

In particular, the distribution of a CHF 40 dividend per bearer share was approved. Dividends will be paid out on May 12, 2015.

Beat Siegrist, Lukas Braunschweiler, Vanessa Frey, Jan Jenisch and Jacques Sanche were all re-elected as members of the Board of Directors, and Beat Siegrist was additionally confirmed as Chairman. Jacques Sanche, Vanessa Frey and Jan Jenisch were also elected to the Compensation Committee. In the constitutive meeting following the Annual General Meeting, Jacques Sanche was elected Chairman of the Compensation Committee.

The shareholders approved the proposal of the Board of Directors to amend the articles of incorporation and also authorized the maximum total remuneration payable to the Board of Directors for their term of office up to the 2016 General Meeting and the maximum total remuneration payable to Management for financial year 2016.

At the start of the year, operational business developed solidly and in line with the forecast communicated in the media release dated March 16, 2015.

For further information please contact:
Martin Klöti, CFO
Tel. +41 44 718 33 03, fax +41 44 718 34 51, martin.kloeti@schweiter.com