Private Equity Holding AG: Shareholders of Private Equity Holding AG approve all proposals by the Board of Directors

NEWS RELEASE

Zug, June 5, 2023

Shareholders of Private Equity Holding AG approve all proposals by the Board of Directors

At the Annual General Meeting of Private Equity Holding AG held on June 5, 2023 in Zug, the shareholders approved all the proposals by the Board of Directors.

Annual report, IFRS financial statements and statutory annual financial statements for the financial year 2022/2023; acknowledgement of the auditor’s reports

The shareholders approved the annual report, the IFRS financial statements and statutory annual financial statements for the financial year 2022/2023 (99.9%).

Discharge of the Board of Directors

The shareholders granted discharge to the Board of Directors for the financial year 2022/2023 (98.5%).

Elections to the Board of Directors

Board of Directors

The shareholders re-elected Dr. Hans Baumgartner, Martin Eberhard, Dr. Petra Salesny and Fidelis Götz for another one-year term ending at the next Annual General Meeting 2024:  

• Dr. Hans Baumgartner (93.6%)
• Martin Eberhard (97.3%)
• Dr. Petra Salesny (95.4%)
• Fidelis Götz (99.7%)

Compensation Committee

The shareholders elected the following Board members to form the Compensation Committee for the period of one year (until the end of the AGM 2024):

• Martin Eberhard (97.3%)
• Dr. Petra Salesny (95.4%)
• Fidelis Götz (99.7%)

Independent Proxy

The shareholders elected KBT Treuhand AG, Zurich, as an independent proxy for one year (until the end of the AGM 2024) (99.7%).

Election of the auditors

The shareholders re-elected KPMG AG, Zurich, as statutory auditors for another one-year term (until the end of the AGM 2024) (100%).

Appropriation of available earnings and dividend distribution

The shareholders approved a distribution of CHF 1.00 per registered share, of which one half will be distributed from the capital contribution reserves and one half as ordinary dividend from voluntary retained earnings (97.5%).

The shareholders disapproved a distribution of CHF 2.00 per registered share suggested by one shareholder (99.6%).

Compensation of the Board of Directors

The shareholders approved a total maximum amount of CHF 200,000 to be paid as compensation to the members of the Board of Directors for the period of one year (until the next AGM, 98.0%). Dr. Petra Salesny foregoes the compensation for her work as a member of the Board of Directors.

Compensation of the Delegate of the Board of Directors

The shareholders approved an additional compensation to be paid to the Delegate responsible for the management of the Company. The proposed additional compensation shall not exceed a maximum amount of CHF 100,000 for the period of one year (until the next AGM, 98.0%).

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Private Equity Holding AG (SIX: PEHN) offers investors the opportunity to invest, within a simple legal and tax optimized structure, in a broadly diversified and professionally managed private equity portfolio.

For further information, please contact:

Kerstin von Stechow, Investor Relations, [email protected], phone +41 41 726 79 80, http://www.peh.ch