Feintool general meeting approves all motions

This is an ad hoc announcement pursuant to Article 53 of the Listing Rules (LR) of the SIX Exchange Regulation AG. 

The shareholders of Feintool International Holding AG accepted all motions at the Annual General Meeting on April 23, 2024. Martin Klöti was elected as a new member of the Board of Directors. 

At the ordinary general meeting of Feintool International Holding AG on April 23, 2024, the shareholders approved the 2023 annual report, the 2023 annual financial statements and the 2023 consolidated financial statements. They also approved the payment of a dividend of CHF 0.17 per share and a payment from capital contribution reserves of CHF 0.17 per share. In addition, the shareholders granted discharge to the Board of Directors and the Executive Committee for their business activities during the year under review. Furthermore, the total remuneration of Board of Directors members for the 2024/2025 year in office and the Group Executive Board members for the 2025 financial year was approved. 

All members of the Board of Directors standing for re-election, namely Alexander von Witzleben, Dr. Marcus Bollig, Norbert Indlekofer and Heinz Loosli were confirmed for another year by the General Assembly. Martin Klöti was elected as a new member of the Board of Directors. Since last November, he serves as CFO and member of the Group Executive Board of the Artemis Group, which is the major shareholder of Feintool. Furthermore, Martin Klöti was appointed as a new member of the Compensation Committee by the General Meeting alongside the current members Norbert Indlekofer (Chairman) and Alexander von Witzleben.  

The independent voting rights representative and the auditors KPMG were also confirmed in office until the next ordinary general meeting or for the 2024 financial year.