Tuesday, April 7, 2009
Ordinary Annual General Meeting of Julius Baer Holding Ltd.
At today's Ordinary Annual General Meeting of Julius Baer Holding Ltd., an unchanged gross pidend of CHF 0.50 per registered share and a capital reduction by cancelling 4,403,500 Julius Baer registered shares bought back under the share buyback programme 2008-2010 were approved among other proposals. The Annual General Meeting elected Leonhard H. Fischer as new member of the Board of Directors for a three-year term. Chairman Raymond J. Baer was reelected for another three-year term of office.
In detail, the Ordinary Annual General Meeting 2009 of Julius Baer Holding Ltd. passed the following resolutions:
The annual report, the financial statements and the Group accounts for the year 2008 as well as the report of the statutory auditors were approved.
The appropriation of the disposable profit with a gross pidend of CHF 0.50 per registered share was approved, with payment as of 15 April 2009.
The members of the Board of Directors and of the Executive Board were discharged for the 2008 financial year.
Leonhard H. Fischer was elected as new member of the Board of Directors for a three-year term of office. Chairman Raymond J. Baer was reelected for another three-year term of office.
KPMG Ltd., Zurich, was appointed as statutory auditors for another one-year period.
The capital reduction by cancelling 4,403,500 Julius Baer registered shares held by the Company itself bought back until 31 December 2008 under the share buyback programme 2008-2010 approved by the Ordinary Annual General Meeting 2008 was passed.
Further amendments to the articles of incorporation on the agenda were approved.
The Chairman's address by Raymond J. Baer and the presentation by Dieter A. Enkelmann, Group CFO, may be accessed via www.juliusbaer.com/agm.