ARYZTA AG’s Annual General Meeting Approves All Board Motions

Zurich / Switzerland, 10 December 2013

At the Annual General Meeting of ARYZTA AG, held this morning in Zurich, shareholders approved all proposals of the Board of Directors.

Shareholders approved the Annual Report and Accounts for the financial year 2013 and, in an advisory vote in line with the Swiss Code of Best Practice for Corporate Governance, approved the 2013 Compensation Report.

Shareholders also approved the distribution of a dividend of CHF 0.6652 per registered share.

Discharge was duly granted to the members of the Board of Directors for the 2013 business year.

Shareholders confirmed the re-election of Mr. Charles (Chuck) Adair and Mr. Owen Killian to the Board of Directors for a further three-year term of office.  In addition, Mr. Andrew Morgan and Mr. John Yamin (CEO of the Americas & Global Food Officer) were elected as new members of the Board of Directors for a three-year term.

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/COO), Andrew Morgan, Michael Muller, Wolfgang Werl̩, John Yamin. 

Audit Committee:
Shaun Higgins (Chairman), Hugh Cooney, Wolfgang Werl̩, Andrew Morgan.

Nomination & Remuneration Committee:
J Brian Davy (Chairman), Charles Adair, Denis Lucey.

Shareholders also approved the proposal to renew the authorised share capital and to adopt a new Article 5 of the Articles of Association as set out in the invitation to the Annual General Meeting. 

PricewaterhouseCoopers AG, Zurich were elected as auditors for the 2014 business year.