Annual Shareholders’ Meeting approves all proposals

17/04/2019 18:00

At the 123rd Annual Shareholders’ Meeting held on 17 April 2019, the shareholders of Georg Fischer Ltd approved all proposals of the Board of Directors. 

A total of 1'081 shareholders with 75'052 votes were present at the 123rd Annual Shareholders' Meeting of the Georg Fischer Ltd at the IWC Arena in Schaffhausen. The independent proxy represented 2'029'020 of the votes. This presence corresponds to 72.66% of the shareholder votes entered in the share register with voting rights.

The shareholders voted for all proposals. They approved the Annual Report, the Financial Statement, the Consolidated Financial Statements 2018, as well as the Compensation Report in an advisory vote. They also approved the distribution of an increased dividend amounting to CHF 25 per share (previous year CHF 23).

Eight of the nine members of the Board of Directors were re-elected. After serving on the Board for 18 years, Gerold Bührer is stepping down upon reaching the statutory age limit. Andreas Koopmann, Chairman of the Board, thanked Gerold Bührer for his long-standing and valuable contribution. Yves Serra, retiring CEO of GF, was elected as a new member of the Board. The Annual Shareholders' Meeting confirmed Andreas Koopmann as Chairman of the Board of Directors and also approved the future maximum compensation of both the Board of Directors and the Executive Committee.

Beat Römer

Head of Corporate Communications

Georg Fischer Ltd

Amsler-Laffon-Strasse 9

8201 Schaffhausen

Switzerland

GF comprises three divisions: GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. Founded in 1802, the Corporation is headquartered in Switzerland and is present in 33 countries with 140 companies, 57 of them production facilities. Its 15’027 employees generated sales of CHF 4’572 million in 2018. GF is the preferred partner of its customers for the safe transport of liquids and gases, lightweight casting components, and high-precision manufacturing technologies.

You will find further information at www.georgfischer.com.

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