Annual General Meeting of Schaffner Holding AG approves all proposals

Media Release

Annual General Meeting of Schaffner Holding AG approves all proposals

Luterbach, Switzerland, 12 January 2021 – The 25th Annual General Meeting of Schaffner Holding AG was held today in Luterbach. Due to the exceptional situation in connection with the coronavirus, the meeting was held without the personal participation of shareholders, in accordance with the Federal Council's COVID 19 Ordinance 3. A total of 61.58% of the share capital entitled to vote was represented by the independent proxy.

The General Meeting approved all proposals of the Board of Directors. In particular, it approved the distribution of CHF 2.00 per share, consisting of an ordinary dividend of CHF 1.00 per share and a withholding tax-free distribution from capital reserves of CHF 1.00 per share. The distribution will be made as from 18 January 2021.

Urs Kaufmann, Philipp Buhofer and Gerhard Pegam, who were standing for re-election to the Board of Directors, have been confirmed for another one-year term. The financial expert Andrea Tranel, newly proposed for the Board of Directors, was also elected by a large majority. She replaces Georg Wechsler, who decided not to stand for re-election after nine years on the Board of Directors. Urs Kaufmann was re-elected as Chairman of the Board of Directors.

The 26th Annual General Meeting of Schaffner Holding AG will be held in Luterbach on 11 January 2022.

Contact

Schaffner Holding AG, Investor Relations and Media Office: c/o Dynamics Group, Zurich

Thomas Balmer, +41 43 268 32 34 or +41 79 703 87 28

investor-relations@schaffner.com

Financial calendar

6 May 2021

7 December 2021

11 January 2022

Publication of half-year results 2020/21

Publication of annual results 2019/20

26th Annual General Meeting

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