Press release: Annual General Meeting approves all proposals of the Board of Directors

In his report to the annual general meeting, Jacques Sanche, CEO of Bucher Industries AG, said that the 2017 financial year had been pleasing overall. The Group is expecting the market environment to be largely positive in the current year, bringing with it an increase in both sales and group profit.

The shareholders then proceeded to approve all the proposals of the board of directors. They confirmed 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 and Martin Hirzel as a new member of the board of directors. Martin Hirzel's election brings the number of board members to seven.

The annual general meeting approved by a large majority 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 24 April 2018. The share will trade ex-dividend from 20 April 2018 onwards.

The next ordinary annual general meeting of Bucher Industries AG will be held on 17 April 2019, starting at 3.30 p.m., at the Mövenpick Hotel in Regensdorf, Switzerland.

The following documents relating to the 2018 annual general meeting are available on the Bucher Industries website at www.bucherindustries.com:

• Invitation to the annual general meeting
• The minutes of the annual general meeting in due course

Contact

Jacques Sanche, CEO

Manuela Suter, CFO

Phone +41 43 815 80 40

E-mail: media@bucherindustries.com

www.bucherindustries.com