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Please find below all Forbo media releases listed by year.
Forbo shareholders approve all proposals from Board of Directors
The shareholders of Forbo Holding Ltd approved all of the proposals submitted by the Board of Directors to the 85th Ordinary General Meeting, which was held in Zug, by a wide majority. Dr. Albert Gnägi and Michael Pieper were reelected to the Board of Directors. The payment from the capital contribution reserve of a dividend of CHF 12 per share will take place on May 8, 2013. The dividend is exempt from withholding tax.
Baar, April 26, 2013
The number of shareholders who attended the Ordinary General Meeting of Forbo Holding Ltd was 125; representing a total of 1,402,746 registered shares, or 62.34 percent of the share capital issued.
The shareholders approved all proposals from the Board of Directors by a wide majority. They accepted the Annual Report, the Financial Statements, the Consolidated Financial Statements and the Remuneration Report for the 2012 financial year, while also granting discharge to the responsible governing bodies. Furthermore, they approved the proposal to distribute the profit in the form of a withholding tax-exempt dividend of CHF 12 per share from the capital contribution reserve.
Dr. Albert Gnägi, upon reaching the mandatory retirement age, was reappointed as a member of the Board of Directors for a one-year term and Michael Pieper for a further three-year term, by an overwhelming majority of the shareholders.
The shareholders also extended the mandate of the auditor PricewaterhouseCoopers AG for an additional year.
Forbo is a leading producer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions. The company employs 5,000 people and has an international network of 24 production and distribution companies, 6 assembly operations and 37 sales organizations in a total of 34 countries. Forbo is headquartered in Baar in the canton of Zug, Switzerland.
Forbo Holding Ltd is listed on SIX Swiss Exchange (security number 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.S).
Contact person:
This E. Schneider
Delegate to the Board of Directors and CEO
Tel. +41 58 787 25 15
Fax +41 58 787 20 15
www.forbo.com
