Basel, Switzerland—Lonza Group Ltd. has hosted its Annual General Meeting, according to a press release. Due to the COVID-19 crisis, shareholders were not allowed to attend in person; all shareholders delegated their votes to the independent proxy, who therefore represented 100% of the 44,965,404 votes usually cast by shareholders.
All Board members standing for re-election—including Albert M. Baehny, Chairman of the Board—were re-elected for another one-year term, according to the release. The shareholders elected Dorothée Deuring and Moncef Slaoui as new members of the board, and elected Angelica Kohlmann, Christoph Mäder, and Jürgen Steinemann as the three acting members of the Nomination and Compensation Committee.
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The shareholders supported all other motions proposed by the Board, including the acceptance of the remuneration report and the binding votes on the compensation for the Board of Directors and the Executive Committee, the release says.
A dividend of CHF 2.75 per share will be paid out starting May 5, 2020. Half the dividend will be paid out as repayment from reserves from capital contributions, without deduction of Swiss withholding tax.
The short-form minutes of the Meeting can be found here.