Board’s recommendation to shareholders
Recommendation on the appro-
priation of reserves
Movements in earnings available
Board’s recommendation to shareholders on the appropriation of reserves
The Board of Directors will propose to the Ordinary General Meeting of 17 March 2022 that a distribution be awarded to shareholders of CHF 1.30 per share through a release from voluntary retained earnings.
For the 2020 financial year, the Ordinary General Meeting resolved that a distribution be awarded to shareholders of CHF 1.80 per share. Of this amount, CHF 1.10 per share derived from earnings available and CHF 0.70 per share from a release from the capital contribution reserve.