VZ Holding AG Shareholders Support Board's Proposals Unanimously

During the Annual General Meeting (AGM) for VZ Holding Ltd, which took place in Zug on April 8, 2024, shareholders showed unanimous support for all motions put forth by the Board of Directors. This included the election of Nadia Tarolli Schmidt and Henriette Wendt as new board members. The approval of various administrative and financial reports for the fiscal year 2023 was achieved, and the executives of both the Board of Directors and the Executive Board were formally exonerated from their duties for the past year.

The AGM sanctioned a dividend payout of CHF 2.24 per registered share, scheduled for April 12, 2024. Additionally, Matthias Reinhart was confirmed to continue as the Chairman of the Board of Directors along with the re-election of Roland Iff, Albrecht Langhart, Roland Ledergerber, and Olivier de Perregaux as board members. The Compensation Committee will also retain Matthias Reinhart, Roland Iff, and Roland Ledergerber for another year.

Furthermore, the AGM ratified the reappointment of the Law Office Keller Ltd as the independent proxy and PricewaterhouseCoopers Ltd as the auditors. It also approved the proposed maximum remuneration for the Board of Directors for the 2024/25 term, the fixed remuneration for the Executive Board for 2024, as well as their variable remuneration for 2023.