Annual General Meeting - Shareholders approve all proposals of the Board of Directors

COLTENE Holding AG / Key word(s): Miscellaneous Annual General Meeting - Shareholders approve all proposals of the Board of Directors 21.04.2022 / 18:30 Media Release

Altstätten, 21 April, 2022

After two years, today's Annual General Meeting was again held in Altstätten with shareholders in attendance as usual. The shareholders approved all proposals of the Board of Directors with a large majority and decided on a dividend of CHF 3.30 per share. 177 shareholders with voting rights were present and a total of 78.4% of the votes were represented.

At the AGM, which was held in physical form, the shareholders approved the Management Report, the Annual and Consolidated Financial Statements for 2021, and the profit to be carried forward to 2022. In addition, they approved the distribution of CHF 3.30 per share from the capital contribution reserves with foreign reference. The members of the Board of Directors and the Executive Committee were discharged from liability. The shareholders confirmed all members of the Board of Directors and the Compensation Committee standing for re-election and re-elected Nick Huber as Chairman. Board members Erwin Locher and Matthew Robin announced that this will be their last term of office and that they will not be available for re-election next year. Ernst & Young AG, St. Gallen, was confirmed as auditor. Finally, the shareholders approved the Compensation Report 2021 in an advisory vote and approved the fixed compensation to the members of the Board of Directors for the period from the AGM 2022 to the AGM 2023 and to the Executive Committee for the financial year 2023 as proposed.

The distribution of CHF 3.30 per share represents a yield of 2.9% based on a share price of CHF 112.40 (as of 31 December) and will be paid on 27 April 2022 (payment date). It will be paid tax-free to individuals with tax domicile in Switzerland.

For further information: Markus Abderhalden, CFO,
phone [phone], mobile [phone], e-mail [e-mail]