The General Meeting of Shareholders approved the management report, the annual financial statements and the consolidated financial statements 2018. The remuneration report 2018 was also approved in a consultative vote.
The General Meeting of Shareholders followed the proposal by the Board of Directors to carry forward the balance sheet loss and granted the members of the Board of Directors and of the Management release („Entlastung“) for the business year 2018.
Dr Remo Lütolf (including election as Chairman of the Board of Directors) and Andreas R. Herzog were elected as new members of the Board of Directors. The present members of the Board of Directors Dr Franz Richter and Hans-Michael Hauser were re-elected. Hans-Michael Hauser and Andreas R. Herzog were elected as members of the Nomination & Compensation Committee.
PricewaterhouseCoopers AG, Bern, was re-elected as auditors and Mr lic. iur. André Weber was re-elected as the independent proxy holder for another year.
The General Meeting of Shareholders approved the total maximum amounts of remuneration for the Board of Directors and for the Management (Executive Board) for the business year 2020.
In addition, the General Meeting of Shareholders voted in favour of the agenda item regarding modification and amendment of the existing authorised capital and approved the respective amendment of the Articles of Association.
The shareholder proposals (Sentis Capital PCC) regarding the cancellation of Art. 3a of the Articles of Association (cancellation of the authorised capital); amendment of Art. 8 of the Articles of Association (right of shareholders to convene a General Meeting of Shareholders); amendment of Art. 35 of the Articles of Association (term of office of the auditors) were declined by the General Meeting as proposed / recommended by the Board of Directors.
The shareholder proposal (Sentis Capital PCC) regarding amendment of Art. 10 of the Articles of Association (announcement of the Annual Report) was approved by the General Meeting against the proposal / recommendation of the Board of Directors.
The shareholder proposals (Sentis Capital PCC) regarding amendment of Art. 10 of the Articles of Association (Shareholders‘ right to place items on the agenda) and amendment of Art. 28 of the Articles of Association (mandates outside the MBT) were approved by the General Meeting, as also proposed / recommended by the Board of Directors.
A further shareholder proposal submitted to the General Meeting, the election of Urs M. Fähndrich as member of the Board of Directors, was declined by the General Meeting as recommended / proposed by the Board of Directors.
Meyer Burger is a leading and globally active technology company specialising in innovative systems and production equipment for the photovoltaic (solar), semiconductor and optoelectronic industries. As an internationally recognised premium brand, Meyer Burger offers its customers in the PV industry reliable precision products and innovative solutions for the manufacture of highly efficient solar cells and solar modules.
Meyer Burger’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).
Meyer Burger Technology AG
Schorenstrasse 39
CH3645 Gwatt (Thun)
Telefon: +41 (33) 2212800
Telefax: +41 (33) 2212808
http://www.meyerburger.com
MEYER BURGER Technology AG
Telefon: +41 (33) 43938-34
E-Mail: ingrid.carstensen@meyerburger.com
Corporate Communications
Telefon: +41 (33) 22127-85
E-Mail: stefan.diepenbrock@meyerburger.com