Evolva shareholders approve all motions proposed by the Board at today’s Annual General Meeting

Evolva Holding SA / Key word(s): AGMEGM Evolva shareholders approve all motions proposed by the Board at today’s Annual General Meeting 18.04.2023 / 17:30 CET/CEST Press Release (PDF)

The shareholders approved, among others:

• The Reverse stock split of 250:1, followed by a reduction of the par value of the shares to CHF 1.00
• Introduction of a capital band of up to +/- 20% of current share capital
• Re-election of all board members and election of Stephan Schindler as Chairperson, ensuring continuity in the Board

Reinach, 18 April 2023 — Evolva (SIX: EVE), a pioneer in the field of natural molecules and industrial biotech, today held its Annual General Meeting (AGM) in Basel. Shareholders approved all proposals put forward by the Board of Directors by a large majority.

Stephan Schindler, newly elected Chairperson of Evolva, stated: “We thank our shareholders for their ongoing support and trust as expressed by their approval of all suggested agenda items by a large majority. Together with my colleagues on the Board and in close collaboration with our CEO Christian Wichert and his team, we strive to build on the solid foundation which the new leadership team has been able to lay over the past 12 months and to further accelerate the profitable growth of Evolva to deliver long-term value to our shareholders.”

The shareholders approved the following proposals of the Board:

• Management Report, the Annual Financial Statements and the Consolidated Financial Statements, each for the financial year 2022.
• Compensation Report 2022 in a consultative vote.
• Discharge from liability of the members of the Board of Directors and the Executive Management for the fiscal year 2022.
• Appropriation of the Annual Result for 2022.
• Reverse stock split: the consolidation of the Evolva shares with a reverse split ratio of 250:1. Furthermore, shareholders approved the ordinary capital increase for fractional compensation of CHF 11.45 as needed for the implementation of the reverse stock split.
• Reduction of par value: Following the reverse stock split, the par value of all outstanding shares was reduced to CHF 1 through a declarative capital reduction.
• Adaptation of Conditional Capital: The conditional capital contained in Article 3a and Article 3c of the Articles of Association was adapted in line with the reverse stock split and the reduction of the par value.
• Election of Directors: re-elections of all members of the Board: Mr. Beat In-Albon, Mr. Stephan Schindler, Mr. Christoph Breucker, Mr. Andreas Pfluger and Mr. Andreas Weigelt
• Election of Chair: Mr. Stephan Schindler was elected as Chairperson.
• Election to the Compensation Committee: the re-election of Christoph Breucker and Andreas Pfluger.
• Election of the auditor: the re-election of MAZARS AG, Zurich, for a one-year term.
• Election of the independent proxy: the re-election of Dr. Oscar Olano, staehelin olano Advokatur und Notariat, Basel, for a term of one year.
• Compensation of the Board of Directors: Approval of the maximum compensation until the AGM 2024.
• Compensation of the Executive Management: Approval of the maximum compensation for the period from 1 July 2023 to 30 June 2024.
• Introduction of the capital band: Introduction of a capital band of +/- 20% of share capital , replacing the previous authorized capital.
• Further amendments to the Articles of Association as a result of revised corporate law.