Shareholders of Molecular Partners AG approve all Board proposals at the Annual General Meeting - Bill Burns elected new Chairman

Zurich-Schlieren, April 18, 2018. At today's Annual General Meeting of Molecular Partners AG (SIX: MOLN), the shareholders of the company approved all motions proposed by the Board of Directors with a large majority and elected William (Bill) Burns as new Chairman of the Board.

At today's Annual General Meeting of Molecular Partners AG, Bill Burns was elected new Chairman of the Board of the company. Bill held various executive positions at Roche for 28 years, culminating in his nomination to the position of CEO of Roche Pharmaceuticals and board seats at Roche, Genentech and Chugai Pharmaceuticals. The company will benefit from Bill's vast experience in the development and commercialization of drugs, particularly in oncology, and extensive knowledge of pharmaceutical industry operations.

Bill Burns commented: "I thank our shareholders for their trust. Together with my colleagues of the Board of Directors we maximize all efforts and look ahead on a continuation of the progress of the company's pipeline which we were able to witness already during the first quarter of 2018."

Bill Burns, Göran Ando, Gwen Fyfe, Steven H. Holtzman, William A. Lee, Petri Vainio and Patrick Amstutz were re-elected as members of the Board of Directors. The shareholders also elected the three proposed members of the Nomination and Compensation Committee - Bill Burns, Göran Ando and William A. Lee.

Further, the shareholders of Molecular Partners AG approved the annual report and the annual financial statements for the financial year 2017, the appropriation of the 2017 results, as well as the compensation report (in a consultative vote). The Board of Directors and the Management Board were granted discharge for the financial year 2017.

The shareholders of the company renewed the authorization of the Board of Directors of Molecular Partners AG to increase the share capital of the company within a period of two years and also approved all proposals regarding compensation, including the proposed respective compensation amounts for the Board of Directors and the Management Board.

Financial Calendar

April 26, 2018

Interim Management Statement Q1 2018

August 30, 2018

Publication of 2018 Half-year Results

November 01, 2018

Q3 2018 Management Statement

http://investors.molecularpartners.com/financial-calendar-and-events/


Media Release (PDF)



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