General Meeting 2019

The company’s Annual General Meeting for the financial year 2018 took place in the City Garden Hotel in Zug on 25 June 2019.

In total, 11,365,863 shares or votes were represented at this year’s General Meeting by shareholders or their representatives (395,794) or by the independent voting proxy (10,970,069). This represents 29.78 % (rounded) of the company’s entire share capital.

The General Meeting voted to approve the Annual Report, the Annual Financial Statement and the Consolidated Financial Statement for 2018 and acknowledged the reports of the auditor and the group auditor. In addition, the shareholders approved the carryforward of the net loss to new account. Furthermore, the company’s Board of Directors and Group Executive Committee were formally granted discharge for all their activities relating to the financial year 2018. The General Meeting approved the Board of Directors’ motion with regard to maximum remunerations for the Board of Directors (for the period up until the next General Meeting) and for the Group Executive Committee (for the financial year 2020). Finally, the acting members of the Board of Directors (Mr. Gerhard Schempp (President), Dr. Rainer Reichert and Mr. Marc Gurov), the President of the Board of Directors, the members of the Remuneration Committee, the independent voting proxy as well as the auditors Ferax Treuhand AG were re-elected for a further year. Mr. Klaus O. Schmidt was not up for re-election, but Mr. Daniel Zimmermann was elected as new member of the Board of Directors and of the Remuneration Committee for the term of one year. The General Meeting approved the Board of Directors’ motion to amend the Articles of Incorporation. Please refer to the minutes of the Ordinary General Meeting for the exact voting results of the individual items of the agenda.

OpenLimit would like to thank all shareholders who attended this years's General Meeting.

Further Information:

Presentation of the General Meeting 2019 (German)
Protocol of the Ordinary General Meeting 2019 (German)

2019

Contact for investors

 OpenLimit
 
 
<script>