Siegfried Shareholders Endorse Proposals at 2025 AGM

During the 122nd Annual General Meeting of Siegfried Holding AG in Zofingen, 192 shareholders participated, representing over 54% of the share capital. All proposals put forward by the Board of Directors received approval.

The annual and financial statements for 2024, along with a report on non-financial matters, were sanctioned. A capital reduction was accepted, offering CHF 3.80 per share to shareholders as a nominal value repayment instead of a traditional dividend. The payout is scheduled for April 24, 2025.

A share split at a 1:10 ratio was endorsed, aimed at increasing liquidity and bolstering employee share programs. Reelections confirmed current members of the Board and Dr. Andreas Casutt's role as Chairman.

The exposure to US tariffs was addressed, with Siegfried's related sales being under CHF 10 million. The firm also announced an increase in shareholder distribution by CHF 0.20, totaling CHF 3.80 per share.