Zurich / Switzerland, 1 December 2011
The Annual General Meeting of ARYZTA AG has approved all proposals of the Board of Directors with strong majorities.
Shareholders approved the Annual Report and Accounts for the financial year 2011 and, in an advisory vote in line with the Swiss Code of Best Practice for Corporate Governance, approved the 2011 Compensation Report.
Shareholders also approved the distribution of a dividend of CHF 0.5679 per registered share. Discharge was duly granted to the members of the Board of Directors for the 2011 business year. Shareholders confirmed the re-election of Brian Davy and Patrick McEniff (CFO) to the Board of Directors, each for a further three-year term of office. In addition, Michael Muller, Shaun Higgins and Hugh Cooney were elected as new members of the Board of Directors, each for a three-year term.
The proposed amendment to Article 5 and the abolition of Article 4 of the Articles of Association were passed at the meeting.
PricewaterhouseCoopers AG, Zurich were elected as auditors for the 2012 business year.
The Board and its Committees now comprise:-
Board of Directors:
Denis Lucey (Chairman), Charles (Chuck) Adair, Hugh Cooney, J Brian Davy, Shaun Higgins, Owen Killian (CEO), Patrick McEniff (CFO), Michael Muller, William Murphy, Hans Sigrist
Shaun Higgins (Chairman), Hugh Cooney, William Murphy
Nomination & Remuneration Committee
J Brian Davy (Chairman), Charles Adair, Denis Lucey
Tel: +41 (0) 44 583 42 00