At this year’s General Assembly of Cicor Technologies Ltd., at which shareholders were able to exercise their voting rights in accordance with Art. 6a of Ordinance 2 on Measures to Control Coronavirus (COVID-19) exclusively by granting authorization and giving instructions to the independent proxy, the shareholders approved all proposals by the Board of Directors. The Meeting approved the 2019 annual report, annual financial statements, consolidated financial statements and appropriation of the balance sheet result; it also granted discharge to the members of the board of directors and management for the 2019 financial year. In addition, the Board of Directors’ total remuneration for the next term of office and the approval of the fixed and variable remuneration elements for management were endorsed for the following financial year. The Meeting also approved the proposal to distribute CHF 1.50 per registered share from the capital contribution reserve.
All members of the Board of Directors and remuneration committee were re-elected. In addition, the independent voting proxy, the lawyer Pascal Moesch (Athemis, Rue Jaquet-Droz 32, 2300 La Chaux-de-Fonds) and the auditing department of KPMG AG, Zurich, were appointed by the Annual General Assembly.
Alexander Hagemann Patric Schoch
Tel. +41 71 913 73 00 Tel. +41 71 913 73 00
E-mail: firstname.lastname@example.org E-mail: email@example.com
Cicor Management AG