06. April 2016

Datwyler’s AGM approves all Board proposals

Zhiqiang Zhang elected to an enlarged Board of Directors

Dätwyler Holding Inc. held its 58th Annual General Meeting at the theater (uri) Tellspielhaus in Altdorf on Tuesday, 5 April 2016. The 239 shareholders attending the meeting approved all proposals put forward by the Board of Directors.

In view of the promising prospects and the company’s healthy profitability, the Annual General Meeting resolved to pay an unchanged dividend of CHF 2.20 per bearer share and CHF 0.44 per registered share. This equates to a distribution ratio of 44.0% (previous year: 35.9%). The dividend will be paid from 11 April 2016 upon presentation of Coupon No. 10. The day the shares commence trading without entitlement to the dividend (the ex-date) is 7 April 2016.

The Annual General Meeting also elected Zhiqiang Zhang as a new Director. The Chinese national is a member of the management team at Sweden’s Sandvik Group in his capacity as Chairman for the Greater China Region and Head of Emerging Markets. “Zhiqiang Zhang has held managerial roles at European companies in China for nearly 30 years,” explains Ulrich Graf, Chairman of the Board of Directors of Dätwyler Holding Inc. “This experience makes him a real asset to Datwyler’s Board of Directors.”

All other Directors were re-elected for a further one-year term. The separate meeting of bearer shareholders elected Jürg Fedier and re-elected Ernst Lienhard as their representatives on the Board of Directors. Hanno Ulmer was elected to the Remuneration Committee, succeeding Ulrich Graf. The Board of Directors of Dätwyler Holding Inc. now consists of nine members.

Datwyler Group (www.datwyler.com)
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Technical Components division is one of Europe’s foremost high-service distributors of electronic, ICT and automation components and accessories. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods industries. With a total of more than 50 operating companies, sales in over 100 countries and some 7'000 employees, the Datwyler Group generates annual revenue of some CHF 1'200 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

Enquiries:
Guido Unternährer, Head of Corporate Communications, +41 41 875 19 00

Photos (in print quality):
www.datwyler.com/en/media/image-library/

Financial Calendar:
12 August 2016: Interim Report 2016

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