Carlo Gavazzi shareholders' meeting - All agenda points approved

Steinhausen, July 25, 2017 - At today's annual shareholders' meeting of Carlo Gavazzi Holding AG the Directors Valeria Gavazzi, Federico Foglia, Stefano Premoli Trovati and Daniel Hirschi as representative of the holders of bearer shares were re-elected for another period of one year. As proposed by the Board, Valeria Gavazzi was confirmed as Chairman.

The shareholders also approved the distribution of an ordinary dividend of CHF 15.00 per bearer share and CHF 3.00 per registered share.

In addition, they approved the board compensation for the preceding term of office, the fixed compensation for the next business year for executive management and their variable compensation for the 2016/17 business year.

All other items of the agenda were also approved by the shareholders.


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