SoftwareOne publishes 2023 Annual Report and invitation to AGM - Seite 2

In terms of elections to the Board of Directors, the request from the company's 29%-block shareholders to replace the current Board of Directors in its entirety, except for Daniel von Stockar, will be voted on. The Board of Directors rejects such a proposal as it is considered detrimental to SoftwareOne. However, it is open to recommending a proportionate number of the 29%-block shareholders' nominees for election to the Board of Directors. This recommendation is based on the firm belief that a balanced Board of Directors is in the best interest of all stakeholders as it would provide continuity to allow the management of the company to stay focused on meeting its growth, profitability and other strategic objectives.

Accordingly, the Board of Directors proposes the re-election of Chairman Adam Warby and its members standing for re-election, Marie-Pierre Rogers, Elizabeth Theophille, Jim Freeman and José Alberto Duarte. It also proposes the election of Till Streichert as a new member. Furthermore, the Board of Directors recommends that the shareholders re-elect Daniel von Stockar and elect Annabella Bassler and Andrea Sieber as representatives of the 29%-block shareholders to the Board of Directors. If elected, the Board of Directors intends to appoint Till Streichert as new Chair of the Audit Committee.

Shareholders are asked to register their shares in the share register as soon as possible and no later than 10 April 2024 in order to be able to vote their registered shares at the AGM in person or via a representative.

IMPORTANT NOTICE

The Annual Report, a letter to shareholders and the invitation and full agenda for the AGM on 18 April 2024 in the KKL Lucerne are available here on SoftwareOne’s website.

In case of questions from shareholders, our hotline is available for you via [phone] or [e-mail]

CONTACTS

Anna Engvall, Investor Relations

Phone [phone], [e-mail]

FGS Global, Media Relations

Phone [phone], [e-mail]

 

ABOUT SOFTWAREONE

SoftwareOne is a leading global software and cloud solutions provider that is redefining how organizations build, buy and manage everything in the cloud. By helping clients to migrate and modernize their workloads and applications – and in parallel, to navigate and optimise the resulting software and cloud changes – SoftwareOne unlocks the value of technology. The company's ~9,300 employees are driven to deliver a portfolio of 7,500 software brands with a presence in over 60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange under the ticker symbol SWON. Visit us at www.softwareone.com