Annual General Meeting approves all proposals and dividend of CHF 2.50

At today’s Annual General Meeting, the shareholders of Autoneum Holding Ltd approved all proposals of the Board of Directors. A dividend of CHF 2.50 per share was approved for the 2023 financial year. Martin Klöti was elected as a new member of the Board of Directors.

256 shareholders attended the Annual General Meeting of Autoneum Holding Ltd in Winterthur today. A total of 72.56 percent of the share capital was represented by the shareholders present or the independent proxy.

In his speech, Board of Directors Chairman Hans-Peter Schwald stated, “The Borgers Automotive takeover was a strategically important step. As a result, Autoneum is significantly expanding its global market and technology leadership with sustainable and lightweight acoustic and thermal management solutions for vehicles.”

CEO Eelco Spoelder outlined the key events of 2023 and stated, “Autoneum’s success can be attributed to a clear focus on strategic priorities and profitable growth as well as the consistent implementation of corresponding action plans. On this basis, Autoneum confirms the positive outlook for 2024.”

The shareholders approved the 2023 Annual Report, including the Annual Financial Statements and the Consolidated Financial Statements. The Board of Directors’ proposal to distribute a dividend of CHF 2.50 per registered share for the 2023 financial year based on the positive Group result was also approved by the Annual General Meeting. The dividend payment will be made from April 15, 2024, onwards. The Corporate Responsibility Report 2023 was approved by 99.48 percent in a consultative vote.

Chairman Hans-Peter Schwald and the other members of the Board of Directors Liane Hirner, Norbert Indlekofer, Michael Pieper, Oliver Streuli and Ferdinand Stutz were confirmed for another year. Hans-Peter Schwald, Norbert Indlekofer, Ferdinand Stutz and Oliver Streuli were re-elected to the Compensation Committee. In addition, the shareholders of Autoneum Holding Ltd granted discharge to all members of the Group Executive Board and the Board of Directors by a large majority of votes.

With the appointment of Martin Klöti, the Board of Directors of Autoneum Holding Ltd is expanding from six to seven members. Hans-Peter Schwald said, “Martin Klöti’s expertise in the areas of corporate management and finance in internationally active companies is of great value to Autoneum. The Board of Directors is pleased about this enriching addition, and we look forward to our future collaboration.”

The consultative vote on the 2023 Remuneration Report was approved by 86.89%. The proposals for the remuneration of the Board of Directors and the Group Executive Board for the 2025 financial year as well as the other proposals were also approved by a large majority.

All voting results will be published in detail in the minutes of the Annual General Meeting, which will be available on the website from April 24, 2024.