Zurich, 26 April 2021
ORIOR AG held its 11th Annual General Meeting as a listed company in Zurich today, without the physical presence of its shareholders in accordance with Art. 27 of the COVID-19 Ordinance 3.
A total of 4,060,915 voting rights were represented, which corresponds to 62.31 % of the share capital consisting of 6,517,499 issued shares. Representation through the independent proxy designated by the company was the only means of participation for voting shareholders.
All the proposals by the Board of Directors were approved by shareholders at the Annual General Meeting. This means that the Annual Report, the annual financial statements and the consolidated financial statements for 2020 were all adopted, the dividend was endorsed, and the members of the Board of Directors, its Chairman, Rolf U. Sutter, and the members of the Compensation Committee were all re-elected. At the subsequent constitutive meeting of the Board of Directors that followed, the Board of Directors appointed Dr. iur. Markus R. Neuhaus as Vice Chairman of the Board of Directors; Ms. Monika Friedli-Walser was named Chairwoman of the Compensation Committee. Ernst & Young AG, Basel, was confirmed as auditor for the 2021 financial year, and lawyer René Schwarzenbach, from Proxy Voting Services GmbH, was re-elected as independent proxy. Furthermore, an amendment to the Articles of Association to create the basis for a remuneration component aligned with the long-term development of the ORIOR Group, along with, in a non-binding advisory vote, the Compensation Report 2020 as well as all the proposals regarding the remuneration of the members of the Board of Directors and the Executive Committee, were approved.
Rolf U. Sutter, Chairman of the Board of Directors: "On behalf of the entire Board of Directors and the ORIOR Group management, I would like to thank all of our shareholders for the trust and loyalty they have demonstrated towards ORIOR. Unfortunately, we were once again prevented from holding an in-person Annual General Meeting, but health and safety had to come first. Thank you for your understanding. The next Annual General Meeting is scheduled for 5 April 2022. Hopefully on that occasion we will be able to see each other in person again and very much look forward to doing so. We would also like to take this opportunity to sincerely thank our employees, our partners, and our consumers."