Media Release Forbo Group

Baar, April 6, 2017

Today's Ordinary General Meeting of Forbo Holding Ltd was attended by 122 shareholders, representing 1,261,741 registered shares or 70.10 percent of the share capital issued.

The shareholders approved all the proposals of the Board of Directors by a large majority. They approved the Annual Report, the annual statements and the consolidated financial statements, while also granting discharge to the responsible governing bodies. In addition, they voted in favor of the proposed distribution of earnings amounting to CHF 19 per share. CHF 8.30 of this dividend will be paid out to shareholders for the last time in the form of a tax-exempt distribution from capital contribution reserves, while the remaining portion, CHF 10.70, will be paid out as a normal dividend.

With the approval of a new share buyback program, the Board of Directors is authorized to repurchase treasury shares up to a maximum of 10 percent of the share capital over a period of three years either on a second trading line at the SIX Swiss Exchange or by another means. These shares are definitely intended to be canceled.

The shareholders also approved the amendment of the Articles of Association in connection with the implementation of a long-term incentive plan for the Executive Board.

They approved the 2016 remuneration report by a large majority in a consultative vote. The Ordinary General Meeting approved the maximum total remuneration of the Board of Directors for 2018, the maximum fixed remuneration of the Executive Board for 2018, the variable remuneration of the Executive Board for 2016, and the maximum variable long-term remuneration of the Executive Board for 2017 by a significant majority.

All the current members of the Board of Directors were re-elected for a further one-year term of office. They are This E. Schneider, Executive Chairman, and the members Dr. Peter Altorfer, Michael Pieper, Claudia Coninx-Kaczynski, Dr. Reto Müller and Vincent Studer. The current members of the Remuneration Committee - Dr. Peter Altorfer, Claudia Coninx-Kaczynski and Michael Pieper - were also confirmed for a further year.

Lastly, the shareholders extended the mandate of the auditor, KPMG Ltd, for a further year. Furthermore, René Peyer was re-elected as independent proxy.