Dormakaba AGM Approves All Proposals

On October 10, 2024, Dormakaba Holding AG held its Annual General Meeting in Rümlang. Shareholders approved all proposals by the Board of Directors. The meeting was attended in person by 241 shareholders, with 2,883,737 registered shares with voting rights represented, corresponding to 68.6% of the share capital.

A significant approval was for the dividend payout of CHF 8.00 per share, marking a payout ratio of 51.1%. The payments, mainly from available earnings, will commence on October 16, 2024. The meeting also endorsed the re-elections and introduced two new independent board members, Marianne Janik and Ilias Läber.

Additionally, the shareholders approved the Group Management Report, Annual Financial Statements, and the Group's new Report on Non-Financial Matters. The meeting concluded with the reappointment of PricewaterhouseCoopers AG as auditors and Keller AG as independent proxy.