Schaffner Holding AG 23 rd Annual General Meeting endorses all proposals of the Board of Directors Distribution of CHF 6.50 per share entitled to dividends

Media Release

Schaffner Holding AG

23rd Annual General Meeting endorses all proposals of the Board of Directors

Distribution of CHF 6.50 per share entitled to dividends

Luterbach, 15 January 2019 – At the Annual General Meeting (AGM) of Schaffner Holding AG on 15 January 2019, shareholders accepted all proposals of the Board of Directors. In particular, the AGM approved the distribution of CHF 6.50 net per share from free reserves for additional paid-in capital. The distribution is exempt from Swiss anticipatory tax and will be paid out beginning on 21 January 2019.

Elections

Urs Kaufmann was re-elected as a member and as Chairman of the Board of Directors for a term ending at the conclusion of the next AGM. As well, the existing Board members Philipp Buhofer, Gerhard Pegam, Suzanne Thoma and Georg Wechsler, were re-elected for the same period. Urs Kaufmann, Philipp Buhofer and Suzanne Thoma are the members of the Compensation Committee until the end of the next AGM. The shareholders also appointed the lawyer and notary Dr. iur. Wolfgang Salzmann as the independent proxy for a term ending at the conclusion of the next AGM, and reappointed BDO AG, Solothurn, as the external auditors for fiscal year 2018/19.

Compensation

The shareholders accepted the compensation report for fiscal year 2017/18 in a non-binding, consultative vote. For the compensation of the five-member Board of Directors, the shareholders approved a maximum aggregate amount of CHF 600,000 for the period to the next AGM. For the compensation of the Executive Committee, which is made up of the Chief Executive Officer and five other members, the AGM set a maximum aggregate amount of CHF 4,000,000 for fiscal year 2019/20.

Changes of the Articles of Association

The shareholders approved the abolition of the conditional share capital and changes to the Articles of Association in connection with the compensation of the Board of Directors and the Executive Board.

In addition, at its meeting of 15 January 2019, the Board of Directors abolished the statutory provision on the authorized capital increase from the Articles of Association, as the period for implementing the capital increase has expired.

Contacts

Marc Aeschlimann

Chief Executive Officer

T +41 32 681 66 01

marc.aeschlimann@schaffner.com

Kurt Ledermann

Chief Financial Officer

T +41 32 681 66 01

kurt.ledermann@schaffner.com

Financial calendar

7 May 2019

5 December 2019

14 January 2020

Publication of half-year report 2018/19

Publication of annual report 2018/19

24th Annual General Meeting

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