As in the previous year, the annual general meeting of Bucher Industries was held in accordance with the Federal Council Ordinance on Measures to Combat the Coronavirus (COVID-19 Ordinance 3) without the physical attendance of shareholders. Shareholders could exercise their voting rights exclusively by dele­gation to the independent proxy holder. The AGM was held at Glatt Tower, in the Conference room on the 11th floor, in 8304 Wallisellen.

The shareholders approved all the proposals of the board of directors. They confirmed the amendments to the articles of association and all the members of the board of directors and of the compensation committee who were standing for election. They also re-elected Philip Mosimann as chairman of the board of directors.

Claude Cornaz (60), who has served since 2002 as a member of the board of directors and the compen­sation committee, did not stand for re-election. On behalf of the board, the chairman thanked him for his many years of dedicated service. With his entrepreneurial thinking he helped to shape the strategic posi­tioning of the Group and the divisions over many years. His in-depth industry know-how in the field of glass container manufacturing was extremely valuable.

The annual general meeting approved the compensation of the members of the board of directors and of group management.

The dividend of CHF 6.50 per registered share will be paid out to the shareholders on 21 April 2021. The share will trade ex-dividend from 19 April 2021 onwards.

The amended articles of association will come into force when they are recorded in the commercial register.

The next ordinary annual general meeting of Bucher Industries AG will be held on 12 April 2022, starting at 3.30 p.m., at the Mövenpick Hotel in Regensdorf, Switzerland.

The following documents relating to the 2021 annual general meeting are available on the Bucher Industries website at bucherindustries.com/en/investors/annual-general-meeting: