In detail, the Ordinary Annual General Meeting 2012 of Julius
Baer Group Ltd. passed the following resolutions:
The annual report, the financial statements and the Group
accounts for the year 2011 were approved.
The dissolution and distribution of roughly CHF 196
million "share premium reserve/capital contribution
reserve" was approved. The amount corresponds to a
distribution of CHF 1.00 per registered share, of which
CHF 0.60 is considered as ordinary and CHF 0.40 as
special distribution. The distribution is not subject to
the Swiss withholding tax and will be paid free of
expense from 18 April 2012.
The members of the Board of Directors and of the
Executive Board were discharged for the 2011 financial
Gilbert Achermann and Andreas Amschwand were elected as
new members of the Board of Directors for a one-year
term. The Board members Leonhard Fischer and Claire
Giraut were re-elected, also for a one-year term. Raymond
J. Baer and Peter Kuepfer did not seek re-election after
many years in office.
10 240 000 own shares with a par value of CHF 0.02 each
which were bought back until 28 February 2012 under a
share buyback programme will be destroyed. Thus, the
share capital will be reduced by CHF 204 800 and the
Articles of Incorporation amended accordingly.
KPMG AG, Zurich, was appointed as Statutory Auditors for
another one-year period.
The Chairman's address by Raymond J. Baer and the
presentation by Chief Executive Officer Boris F.J. Collardi
are available on www.juliusbaer.com/agm (see link on the