Swipe here for further topics

Corporate structure and shareholders

The organizational structure of Georg Fischer is illustrated in the diagram on this page. The Corporation has three operational divisions, GF Piping Systems, GF Automotive and GF AgieCharmilles, plus the Corporate Staff Units Finance & Controlling and Corporate Development. The Chief Executive Officer is also the Head of Corporate Development.

The CEO, supported by the other members of the Executive Committee, bears responsibility for the management of the Corporation, where this is not delegated to the divisions or the Corporate Staff Units. The Heads of the Divisions, supported by the Heads of the Business / Technology Units and Service Centers, bear responsibility for the management of the divisions. The Corporate Staff Units support the Board of Directors and the Executive Committee in their management and supervisory functions.

The parent company of all the Corporate Companies is Georg Fischer Ltd. It is incorporated under Swiss law and is domiciled in Schaffhausen, Switzerland. Georg Fischer Ltd is listed on the SIX Swiss Exchange (FI-N, security number 175 230). Its share capital is CHF 41,008,980, and its market capitalization was CHF 1,509 million as at 31 December 2012 (previous year: CHF 1,316 million).

Corporate Governance

Affiliated companies

An overview of all affiliated companies in the scope of consolidation can be found here. The list contains the company name, domicile, share capital and the percentage held by Georg Fischer.

Significant shareholders and shareholder groups

As at 31 December 2012, the BlackRock Group (see group structure as published on 22 May 2012 on the SIX disclosure platform), held indirectly by BlackRock Inc (USA) had voting rights in excess of 5 %. As at 31 December 2012 two shareholder groups had voting rights between 3 % and 5 %: (i) Professor Dr. Giorgio Behr and Behr Deflandre & Snozzi BDS AG as shareholders belonging to the same group and (ii) UBS Fund Management (Switzerland) AG.

Five disclosure notifications were published in the year under review, of which three relate to UBS Fund Management (Switzerland) Ltd, one to the BlackRock Group and one to Professor Dr. Giorgio Behr and Behr Deflandre & Snozzi BDS AG as shareholders belonging to the same group. Disclosure notifications pertaining to shareholdings in Georg Fischer Ltd that were filed with Georg Fischer Ltd and the SIX Swiss Exchange are published on the latter’s electronic publication platform. The notifications can be accessed via the following weblink to the database search page of the disclosure office:

Cross-shareholdings

There are no cross-shareholdings or shareholder pooling agreements with other companies.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Capital structure

Capital and share information

Fully paid-in share capital amounts to CHF 41,008,980 and is divided into 4,100,898 registered shares each with a par value of CHF 10. Each registered share has one vote at the Annual Shareholders’ Meeting. The authorized capital and the conditional capital amount to a maximum of CHF 6,000,000. The maximum authorized or conditional capital is reduced by the amount that conditional or authorized capital is created by the issue of bonds or similar debt instruments or new shares.

By no later than 21 March 2014, the maximum authorized share capital will be CHF 6,000,000 divided into no more than 600,000 registered shares each with a par value of CHF 10. Moreover, the share capital may be increased via the conditional capital by a maximum of CHF 6,000,000 by the issue of no more than 600,000 fully paid-in registered shares with a nominal value of CHF 10 each, through the exercise of conversion rights and /or warrants granted in connection with the issuance on capital markets of bonds or similar debt instruments of the company or one of its Corporate Companies. As of 31 December 2012 no such bonds or debt instruments were outstanding. The beneficiaries and the conditions and modalities of the issue of authorized capital are described in § 4.4 a) of the Articles of Association of Georg Fischer and those of conditional capital in § 4.4 b) of the Articles of Association of Georg Fischer.

The subscription to and acquisition of the new shares, and any subsequent transfer of the shares, are subject to the statutory restrictions on transferability (see the next section “Restrictions on transferability”).

Further information on the share capital and changes in capital in the last five years can be found in the financial section. No participation or profitsharing certificates exist.

Restrictions on transferability

Entry in the company’s share register as a shareholder or beneficiary with voting rights is subject to the approval of the Board of Directors. Approval of registration is subject to the following conditions: A natural person or legal entity may not accumulate, either directly or indirectly, more than 5 % of the registered share capital. Persons who are bound by capital or voting rights, by consolidated management or in a similar manner, or who have come to an agreement for the purpose of circumventing this rule, shall be deemed as one person. Applications for registration in excess of this threshold will be refused generally. In the year under review, no applications for exceptions were received.

Nominee registrations

Persons who hold shares for third parties (referred to as nominees) are only entered in the share register with voting rights if the nominee declares his willingness to disclose the names, addresses, and shareholdings of those persons on whose behalf he holds the shares. The same registration limitations apply, mutatis mutandis, to nominees as to individual shareholders. Applications for registration in excess of the threshold of 5 % will be refused.

Cancellation or amendment of restrictions

Cancellation or easing of the restrictions on the transferability of registered shares requires a resolution of the Annual Shareholders’ Meeting passed by at least two-thirds of the shares represented and an absolute majority of the par value of the shares represented.

Convertible bonds and options

There are no outstanding convertible bonds, and Georg Fischer has issued no options.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Board of Directors

Responsibilities

The Board of Directors has ultimate responsibility for supervising and monitoring the management of Georg Fischer Ltd. The Board of Directors is responsible for all matters vested in it by the law or the Articles of  Association, provided it has not delegated these to other bodies. These are in particular:

  • decisions on corporate strategy and the organizational structure,
  • appointing and dismissing members of the Executive Committee,
  • organizing finance and accounting,
  • determining the annual and investment budgets.

Unless otherwise provided for by law or the Articles of Association, the Board of Directors delegates operational management to the Chief Executive Officer, who is assisted in this task by the Executive Committee. The extent to which competencies are delegated by the Board of Directors to the Executive Committee and the nature of the cooperation between the Board and the Executive Committee are defined by the Organization and Business Rules.

Independence

All members of the Board of Directors are non-executive. There are no significant business relationships between the members of the Board or the companies or organizations they represent and Georg Fischer Ltd or a Corporate Company.

Elections and term of office

The members of the Board of Directors are elected individually and normally for a term of three years by the Annual Shareholders’ Meeting. Each year the Annual Shareholders’ Meeting will elect or re-elect around a third of the Board members. When selecting Board members, particular emphasis is placed on entrepreneurial experience, relevant expertise or particular international ties. The Board of Directors aims to achieve a proper balance of competence and knowledge, taking into account the main operational focus of the Corporation, its international orientation and the accounting requirements of listed companies.

The term of office of newly elected members is determined at the time of election, with consideration given to the staggered renewal of the Board. Members whose term has expired may be re-elected immediately. Members of the Board must resign their mandate at the Annual Shareholders’ Meeting following their 70th birthday.

2012

At the 116th Annual Shareholders’ Meeting on 21 March 2012, Isabelle Welton and Roger Michaelis were elected as new members of the Board. To meet concerns of the staggered (re-)election of the Board of Directors Isabelle Welton was elected for three years and Roger Michaelis for one year in individual votes. Rudolf Huber was re-elected in an individual vote for three years. Martin Huber and Bruno Hug resigned from the Board of Directors as they reached the age limit.

Internal organizational structure

The Board of Directors constitutes itself by electing a Chairman and a Vice Chairman each year from among its members. The Board of Directors constituted itself the day of the Annual Shareholders’ Meeting, 21 March 2012, as follows: Andreas Koopmann, Chairman; Gerold Bührer, Vice Chairman (both new).

Areas of responsibility

The members of the three standing Board Committees are listed on page 49. The Board Committees provide preliminary advice to the Board of Directors and do not make any definitive decisions (except the Compensation Committee; see page 51). They discuss the issues assigned to them and make proposals to the Board of Directors as a whole. The CEO attends the meetings of the Board Committees, but is not entitled to vote. Minutes of the committee meetings are sent to all members of the Board of Directors. The Chairmen of the individual committees also make a verbal report at the next meeting of the Board of Directors and submit any proposals.

Work methods of the Board of Directors

Decisions are made by the Board of Directors as a body. Members of the Executive Committee also participate in Board meetings for agenda items relating to the company’s business, but are not entitled to vote. Only the Chief Executive Officer is present when personnel topics are dealt with. Personnel topics affecting him directly are treated in his absence. Invitations to Board meetings list all the issues that the Board of Directors, a Board Committee or the CEO wishes to discuss. All participants in a Board meeting receive detailed written material on the proposals in advance.

The Board of Directors meets at least four times a year under the leadership of its Chairman. During the year under review, it met six times: The Board met twice for two-day meetings and consultations; two meetings lasted half a day and two meetings lasted two hours or less. In addition, the Board visited several Corporate Companies in Germany and Switzerland in the year under review. The three standing Board Committees met a total of 12 times. One ad hoc committee of the Board of Directors held one meeting. The dates of the regular meetings are generally set well in advance to enable all members to attend personally. In the year under review, the attendance rate was 97 %.

External consultants are called on for their services when specific topics are involved. Further information is provided in the section on the Board Committees.

Committees (As of January 2013)

Audit Committee
Rudolf Huber, Chairman
Gerold Bührer
Kurt E. Stirnemann


Compensation Committee
Ulrich Graf, Chairman
Isabelle Welton
Zhiqiang Zhang


Nomination Committee
Andreas Koopmann, Chairman
Roman Boutellier
Jasmin Staiblin

Evaluation

The Board of Directors reviews its performance and that of its members annually as part of a self-assessment. Employing a standardized method, the members of the Board of Directors assessed target achievement as well as the quality of cooperation and Board meetings in the fall of 2012. The findings of this evaluation will be incorporated into the annual planning for 2013.

Audit Committee

The Audit Committee consists of three Board members. The Audit Committee supports the Board of Directors in monitoring the accounting and financial reporting, supervises internal and external audits, assesses the efficiency of the internal audit system including risk management, and compliance with statutory provisions, acknowledges the sensitivity analysis of the pension trust funds of Georg Fischer Ltd, and issues its opinions on transactions concerning equity and liabilities at Georg Fischer Ltd. The Audit Committee also decides whether or not the consolidated financial statements and those of Georg Fischer Ltd can be recommended to the Board of Directors for presentation to the Annual Shareholders’ Meeting.

As a rule, the Chairman of the Board, the CEO, the CFO, the Head of Internal Auditing, and representatives of the external auditor also attend the meetings. At the request of the Audit Committee the external auditor also provides information on current questions relating to the financial statements and financial issues.

During the business year just ended, the Audit Committee held six meetings, three of which lasted half a day, and the other three less.

Compensation Committee

The Compensation Committee consists of three Board members. It supports the Board of Directors in setting compensation policy at the highest corporate level. As required, it uses knowledge of external compensation specialists about market data from comparable companies in Switzerland, in addition to publicly available data obtained on the basis of compensation disclosures. In the year under review, an external consultant was retained in one case to a limited extent. The Compensation Committee proposes to the Board of Directors the total amount of compensation to be paid to the entire Executive Committee and the Chief Executive Officer. In addition the Compensation Committee decides on the remuneration of the individual members of the Executive Committee upon a proposal of the Chief Executive Officer. The Compensation Committee held three meetings during the past financial year, each of which lasted about an hour and a half.

Nomination Committee

The Nomination Committee consists of three Board members. It supports the Board of Directors in succession planning and assists in the selection of suitable candidates for the Board of Directors and the Executive Committee. The Nomination Committee is kept informed annually about succession planning for the two senior operating management levels. In the year under review, the Nomination Committee held three meetings, which lasted two hours on average.

Ad hoc committees

In the year under review, the Board established an ad hoc committee on one occasion. It advised the Board on issues of corporation law and met once for a meeting lasting two hours. The meeting was also attended by the CEO, the CFO, specialists from Georg Fischer and external specialists.

Information and control instruments

The Board of Directors is informed in depth about business performance every month. The members of the Board also receive the monthly report, which contains current information concerning business performance and the financial statements of the Corporation, the divisions and Corporate Companies together with a detailed commentary. The Executive Committee presents and comments on business performance and tables all important matters at the Board meetings. It also presents its assessment of business performance for the coming months.

In addition, the Board of Directors receives the estimate prepared twice a year with the figures for the entire business year. The Board of Directors also approves the budget of the Corporation and of the divisions for the following year. Once a year, it receives the results of medium-term planning for the next three years. The Board of Directors holds a two-day meeting once a year to discuss the strategies of the divisions and the Corporation as a whole.

The Chairman of the Board of Directors attends the Corporate Convention of the senior management and the Executive Committee’s planning meeting and is a regular attendee at other corporate management meetings. The Chairman of the Board of Directors and the CEO inform and consult each other regularly on all business matters that are of fundamental importance or have far-reaching ramifications. The Chairman of the Board receives the invitations and minutes of the Executive Committee and Corporate Staff Meetings. He visits Corporate Companies on a regular basis to see their operations for himself and how they are implementing the Corporation’s strategies. In 2012, he visited Corporate Companies in Europe, the Emerging Markets and the USA.

Internal Auditing

Internal Auditing reports to the Chairman of the Audit Committee operationally and to the CFO administratively. Based on the risk-oriented audit plan approved by the Audit Committee, Corporate Companies are audited either annually or every two to three years, depending on the risk assessment. In the year under review 54 internal audits were conducted. The written report is discussed with the management of the company in question. Copies are sent to the line managers, the external auditor, the Executive Committee and the Chairmen of the Board of Directors and of the Audit Committee. Audit reports with significant findings are presented to and discussed in the Audit Committee.

Internal Auditing also ensures that all discrepancies arising in internal and external audits are addressed and submits a report on such questions to the Executive Committee and the Audit Committee. The Head of Internal Auditing prepares an annual report, which is discussed by the Executive Committee and the Audit Committee. He also serves as the secretary of the Audit Committee.

Corporate compliance

The Service Center Law & Compliance informs the Board of Directors and the Executive Committee about legal issues and significant changes to the law. The Corporate Compliance Officer (CCO) is appointed by the Chief Executive Officer and in this function reports to the General Counsel and can report to the CEO if necessary. Especially through preventive measures and training in the divisions along with information and advice to the Corporate Companies, the CCO ensures that the Corporate Companies comply with the law, internal directives and the Corporation’s principles of business ethics in their business activities. The Executive Committee, in consultation with the CCO, defines priority issues.

In 2012, various compliance measures were taken: (i) an internal e-learning program was conducted on competition and cartel law for approx. 500 employees; (ii) more than 20 training sessions were held for Corporate Companies and at management meetings on cartel law, anticorruption efforts, export controls, and other compliance topics; (iii) audits were conducted at three Corporate Companies in connection with a local compliance model; (iv) cooperation with Internal Auditing was strengthened by extending the audit program to include compliance topics, while ongoing consulting and support for internal audits was also provided; (v) an “Exports Controls Task Force” was set up and trained to provide coordination and mutual support for the Corporate Companies in the GF AgieCharmilles division; (vi) advice was given on issues relating to export controls, cartel law and labor law. The Board of Directors reviewed and discussed the 2012 Compliance Report.

Risk management

The Board of Directors and Executive Committee attach considerable importance to a cautious approach to strategic, financial, and operating risks. The Head of the Service Center Risk, Tax & IP Services is the Chief Risk Officer (CRO). In this function, the CRO reports directly to the Chief Executive Officer and is supported in this task by a part-time risk officer from each of the three divisions. Together with internal specialists in corporate risk management, the risk officers form the Corporate Risk Council, chaired by the CRO. The Council held two meetings during the past business year. In addition, the CRO conducted workshops with the management of the three divisions and with the Executive Committee at which the concrete risk situation was analyzed, measures were discussed, and key risks were defined. The results of these workshops were submitted to the Board of Directors. Furthermore, the Board of Directors held a workshop in 2012 on the subject of risk management, at which the Board members presented what they considered to be the significant risks and defined measures for risk control and risk reduction that are to be implemented by management.

The approach to financial risks is explained in the financial report on pages 94 to 97, while operational risks are dealt with on page 16 and on pages 92 and 93.

Assessment

The Board of Directors evaluates and assesses the performance of the Executive Committee and its members at least once a year in the absence of the Executive Committee members. The Nomination Committee must approve any appointments of Executive Committee members to external Boards of Directors or to high-level political or military functions.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Executive Committee

The Chief Executive Officer is responsible for the management of the Corporation. Under his leadership, the Executive Committee addresses all issues of relevance to the Corporation, takes decisions within its remit and submits proposals to the Board of Directors. The Heads of the three Divisions and two Corporate Staff Units are responsible for drafting and achieving their business objectives and for managing their units autonomously. No management responsibility is delegated to third parties at the Executive Committee level (management contracts).

Members

As at the end of the year under review, the Executive Committee had the following members: Yves Serra, CEO and at the same time Head of Corporate Development; Pietro Lori, Head of GF Piping Systems; Josef Edbauer, Head of GF Automotive; Jean-Pierre Wilmes, Head of GF AgieCharmilles; Roland Abt, CFO and Head of Corporate Finance & Controlling.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Shareholders’ rights

As at 31 December 2012, Georg Fischer Ltd had 14,212 shareholders with voting rights (previous year: 13,966), most of whom reside in Switzerland. To maintain this broad base, the Articles of Association provide for the statutory restrictions summarized hereinafter.

Restriction on voting rights

The total number of votes exercised by one person for his own shares and shares for which he votes by proxy may not exceed 5 % of the votes of the company’s total share capital. Persons bound by capital or voting rights, by consolidated management or otherwise acting in concert for the purpose of circumventing this provision are deemed to be one person. In the year under review, no applications for exceptions were made.

The restriction of voting rights under § 4.10 of the Articles of Association may be revoked only by a resolution of the Annual Shareholders’ Meeting, passed by a twothirds majority of the shares represented and an absolute majority of the par value of the shares represented.

Proxy voting

A shareholder may, on the basis of a written power of attorney, be represented at the Annual Shareholders’ Meeting by another shareholder entitled to vote, a member of a governing body, the independent proxy, or a proxy holder of deposited shares. Partnerships may be represented by a partner or authorized signatory, legal entities by a person authorized by law or the Articles of Association, married persons by their spouse, wards by their legal guardians and minors by their legal representative, regardless of whether such representatives are shareholders or not.

Statutory quorum

The following resolutions of the Annual Shareholders’ Meeting require a majority greater than that laid down by law. At least two-thirds of the shares represented and an absolute majority of the par value of the shares represented must be in favor of:

  • the easing or revocation of restrictions on the transferability of shares,
  • the introduction, expansion, easing or revocation of restrictions on voting rights,
  • the conversion of registered shares into bearer shares,
  • the removal from office of a quarter or more of the members of the Board of Directors,
  • amendments to § 16.1 of the Articles of Association concerning the election and term of office of members of the Board of Directors,
  • the removal of limitations in the Articles of Association regarding the resolutions passed by the Annual Shareholders’ Meeting, in particular those contained in § 12.

Convocation of the general meeting of shareholders

No regulations exist which deviate from those stipulated by law.

Agenda

Shareholders representing a minimum of 0.3 % of the share capital may request that an item be added to the agenda. The application must be submitted in writing no later than 60 days before the meeting and must specify the item to be discussed and the shareholder’s proposal.

Entry in the share register

The deadline for entering shareholders in the share register with regard to attendance at the Annual Shareholders’ Meeting is around ten days before the date of the Annual Shareholders’ Meeting. It is mentioned in the invitation to the Annual Shareholders’ Meeting.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Change of control and defense measures

The Articles of Association of Georg Fischer Ltd do not contain any regulations governing “opting-out” or “opting-up”. For one year subsequent to the effective date of a change of control, the contractually agreed period of notice is doubled for the members of the Executive Committee (from 12 to 24 months), as well as for several other members of senior management (from 6 to 12 months). Furthermore, a change of control will result in the cancellation of all existing disposal limitations for shares allocated according to the share plan. In the event of a change of control, bondholders and banks have the right to demand the immediate repayment of bond issues and loans before they are due.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Auditors

Mandate

PricewaterhouseCoopers, Zurich, was appointed to audit the financial statements of the Corporation and of Georg Fischer Ltd for the first time in the year under review. The relevant entry in the Commercial Register dates from 24 April 2012. The chief auditor, Stefan Räbsamen, who is responsible for the mandate, began this work following the Annual Shareholders’ Meeting on 21 March 2012. The auditor in charge is changed every seven years. The statutory auditor is elected at the Annual Shareholders’ Meeting for a term of one year.

Audit fees

In 2012, the Corporation spent about CHF 2.39 million worldwide in connection with the audit conducted by PricewaterhouseCoopers of the financial statements of Georg Fischer Ltd, of the Georg Fischer Corporation, and of the Corporate Companies. For additional services PricewaterhouseCoopers received fees of approximately CHF 0.39 million. In 2012 these services relate to tax advice (CHF 0.08 million) and other consulting mandates in connection with accounting (CHF 0.31 million).

Supervisory and control instruments

The Audit Committee reviews and evaluates the effectiveness and independence of the external auditors annually. The Audit Committee bases its evaluation on the following criteria:

  • quality of the documents and management letters,
  • time taken and costs,
  • quality of oral and written reports on individual aspects and pertinent questions relating to accounting, auditing or additional consulting mandates.

For the evaluation, the members of the Audit Committee use first of all the knowledge and experience which they have acquired as a result of similar functions at other companies. Internal Auditing also issues an annual list of all services rendered by external auditors for the Corporation and their costs. This report is discussed by the Executive Committee and the Audit Committee. Authorization of the costs for the audit of Georg Fischer Ltd, the audit of the financial statements of the Corporation and of all Corporate Companies was given by the the Audit Committee for 2012, as part of the renewed tender procedure. Further services from PricewaterhouseCoopers will be examined by the Head of Internal Auditing and will be approved either by the CFO or by the managing directors of the individual Corporate Companies, depending on the volume. A high level of cost transparency is ensured because Internal Auditing prepares a report every year.

In the presence of internal and external auditors, the Audit Committee also evaluates potential for improvement regarding collaboration, the processing of assignments and any interfaces or overlapping of Internal and external Auditing. A representative of the auditors attended the five ordinary meetings of the Audit Committee.

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Information policy

Georg Fischer implements a policy of communicating proactively, openly and promptly with all stakeholders. All communication measures are based on a commitment to uphold the company’s credibility. Whenever possible and permissible, employees are notified first of issues that affect them. Open communication at all levels is an important element of management responsibility. Responsibility for communication and information lies primarily with Corporate Communications and Investor Relations.

The Corporation’s continually updated internet site (www.georgfischer.com) and media releases on important events are a fixed feature of Georg Fischer communications. As a company listed on the SIX Swiss Exchange, Georg Fischer is subject to the requirements on ad hoc publicity, i.e. the obligation to report any potential share-relevant information. Georg Fischer also maintains a dialog with investors and media workers at special events and road shows.

The key facts and figures on Georg Fischer, digital media kits on important events, and the calendar of events of relevance to shareholders, analysts and the media (annual shareholders’ meetings, press conferences, etc.) can be viewed and downloaded from the Georg Fischer website.

Subscription to the e-mail service is free of charge. All media releases are available on the Georg Fischer website at the same time as they are published. The online media release archive dates back three years. In addition, shareholders of Georg Fischer Ltd receive the condensed Annual Report and the Mid-Year Report directly in the post, and all other interested persons on request.

Investor Relations

Daniel Bösiger

Daniel Bösiger
Head of Corporate Controlling / Investor Relations
Georg Fischer AG
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

daniel dot boesiger #at# georgfischer dot com

Corporate Communications

Beat Römer
Head of Corporate Communications
Georg Fischer AG
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

media #at# georgfischer dot com

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com

Changes after the balance sheet date

Between 1 January and the copy deadline on 14 February 2013, one disclosure notification was made on 15 January 2013 relating to Professor Dr. Giorgio Behr and Behr Deflandre & Snozzi BDS AG as shareholders belonging to the same group, stating that the voting rights are below 3 %.

Disclosure notifications pertaining to shareholdings in Georg Fischer Ltd that were filed with Georg Fischer Ltd and the SIX Swiss Exchange are published on the latter’s electronic publication platform. The notifications can be accessed via the following weblink to the database search page of the disclosure office:

Contact us

Corporate Communications
Georg Fischer Ltd
Amsler-Laffon-Strasse 9
8201 Schaffhausen
Switzerland

kommunikation #at# georgfischer dot com