Annual General Meeting V-ZUG

Shareholders approve all proposals

V-ZUG Holding AG / Key word(s): AGMEGM Annual General Meeting V-ZUG: Shareholders approve all proposals 23.04.2024 / 16:00 CET/CEST Zug, 23 April 2024 MEDIA / INVESTOR RELEASE

4^th Annual General Meeting 

At the 4^th Annual General Meeting (AGM) in Zug, Switzerland, the shareholders of V-ZUG Holding AG approved all the proposals put forward by the Board of Directors. The Annual General Meeting confirmed the re-election of the Chairman and all members of the Board of Directors as well as the Human Resources & Compensation Committee for a further term of office of one year. Due to the challenging market situation and continued high investments, the Annual General Meeting decided not to distribute a dividend.

This year, V-ZUG Holding AG held its second Annual General Meeting with physical attendance since going public. 256 shareholders attended the meeting in Zug; 71.0 % of the share capital were represented. The agenda items included the report on the 2023 financial year; this was submitted to the Annual General Meeting for the first time together with the report on non-financial matters (sustainability report) for the 2023 financial year. In addition to the consultative vote on the 2023 compensation report, the appropriation of retained earnings for 2023 was approved, the responsible bodies were discharged and the members of the Board of Directors, the Chairman of the Board of Directors, the members of the Human Resources & Compensation Committee, the independent proxy and the auditors were elected. The remuneration of the Board of Directors and Executive Committee was also approved.

 

Further information

Adrian Ineichen	Gabriele Weiher
CFO	Head of Investor and Media Relations
Tel.: [phone]	Tel.: [phone]

 

Key dates

19 July 2024	Publication of the half-year results 2024
6 March 2024	Publication of the annual results 2024
8 April 2025	Annual General Meeting 2025
23 July 2025	Publication of the half-year results 2025

Media release (PDF)

About the V-ZUG Group

“Bringing simplicity into your home and creativity into your kitchen.”

V-ZUG is Switzerland’s leading brand in household appliances and markets its products in selected premium markets abroad. V-ZUG has been developing and manufacturing kitchen and laundry appliances in Switzerland for over 110 years and offers a comprehensive service in all its markets. The SIBIRGroup AG, which focuses on the Swiss-wide provision of all-brand servicing and the retail of household appliances, is also part of the V-ZUG Group. The V-ZUG Group currently employs around 2,100 people.

V-ZUG Holding AG is listed in the Swiss Reporting Standard of SIX Swiss Exchange in Zurich and represented in the Swiss Performance Index (SPI) (securities number 54 248 374, ISIN CH0542483745, ticker symbol VZUG).

Legal notes

This media release is published in German and English. The German version is binding. V-ZUG Holding AG processes personal data in accordance with its privacy statement, which is available at www.vzug.com/ch/en/privacy-statement.

News Source: V-ZUG Holding AG

---

End of Media Release

---

1887401  23.04.2024 CET/CEST