Au/Wädenswil, April 25, 2017 — All proposals presented by the Board of Directors at the 194th Annual General Meeting of Von Roll Holding AG held at the Mövenpick convention center Zurich-Regensdorf on 24 April 2017 were approved by a substantial majority of shareholders.
The annual report, financial statements and consolidated statements for the 2016 financial year and the actions of the Board of Directors and Group Management were approved. In addition the reports of the statutory auditors were acknowledged.
The Members of the Board of Directors were reelected and Dr. Peter Kalantzis was confirmed as President of the Board of Directors for the next period.
The candidates for the Remuneration Committee, the independent voting representative and the statutory auditors were reelected again. The fixed remuneration proposals for the Board of Directors and the Executive Board were approved by the shareholders. No variable remuneration will be paid for the financial year 2016.
About Von Roll Holding AG: As a Swiss industrial company, Von Roll Holding AG focuses on products and systems for power generation, transmission and industrial applications. Von Roll is a global market leader for electrical insulation products, systems and services and has a worldwide presence in 29 sites with about 1,700 employees.
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This press release is based on information currently available. Unforeseeable risks and influences may lead to discrepancies with the statements made here. For more information on the company and its business performance, please refer to the Annual and Semi-Annual Report of Von Roll Holding AG which is available in digital form at https://www.vonroll.com/en/.