Cham, Switzerland – June 24, 2022
Today, the Annual General Meeting 2022 of Landis+Gyr Group AG (SIX: LAND) took place in Steinhausen with the physical presence of shareholders. 198 shareholders (including proxies) attended the meeting, representing 61.64% of the issued share capital. All proposals put forward by the Board of Directors were approved.
The seven members of the Board of Directors standing for re-election were re-appointed for a one-year term of office and Andreas Umbach was re-elected as the Company’s Chairman. Shareholders also ratified the amounts for future compensation and, in a consultative vote, approved the financial year 2021 Remuneration Report. In addition, the renewal of the authorized capital in the amount of 10% of the issued share capital for two years was approved.
The Annual General Meeting approved the Financial Statements for financial year 2021 as well as the proposal of the Board of Directors to distribute CHF 2.15 per registered share payable from statutory capital reserves. The distribution will be paid from June 30th, 2022, onwards.
Detailed voting results and minutes of the Annual General Meeting 2022 will be available in the coming days on Landis+Gyr’s investor website: www.landisgyr.com/investors/annual-general-meeting.
Key Dates
| Ex-Dividend Date | June 28th, 2022 |
| Dividend Record Date | June 29th, 2022 |
| Dividend Payment Date | June 30th, 2022 |
| Publication of Half Year Results 2022 | October 27th, 2022 |
| Release of Results for Financial Year 2022 | May 1st, 2023 |
