General Meeting of Shareholders of Zug Estates Holding Ltd approves all
proposals of the Board of Directors

Zug Estates Holding AG / Key word(s): AGMEGM/Real Estate
General Meeting of Shareholders of Zug Estates Holding Ltd approves all
proposals of the Board of Directors

09.04.2024 / 18:00 CET/CEST

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Press release
Zug, 9 April 2024

Today, the 12th General Meeting of Shareholders of Zug Estates Holding Ltd
was held at the Theater Casino Zug, attended by 214 shareholders. A total of
80.2% of the voting share capital was represented. The shareholders approved
all proposals of the Board of Directors.

The General Meeting of Shareholders decided to distribute a total of CHF
22.4 million to shareholders for the 2023 financial year. The ordinary gross
dividend (subject to withholding tax) is CHF 4.40 per series A registered
share and CHF 44.00 per series B registered share. After payment of Swiss
withholding tax of 35%, this results in a net dividend of CHF 2.86 per
series A registered share and CHF 28.60 per series B registered share.
Payment of the net dividend will take place as of Monday, 15 April 2024
(payment date).

All members of the Board of Directors standing for re-election were
confirmed for a further term of one year. Beat Schwab was also re-elected as
Chairman of the Board of Directors. Johannes Stöckli and Annelies Häcki
Buhofer were re-elected to the Nomination and Compensation Committee. In a
consultative vote, the General Meeting of Shareholders expressed its
agreement with the remuneration report and approved the remuneration for the
members of the Board of Directors and Group management. The shareholders
elected KPMG Ltd, Zug, as the auditors for the 2024 financial year for the
first time.

The 13th General Meeting of Shareholders of Zug Estates Holding Ltd will be
held on 10 April 2025.

Downloads:

Press release (PDF)

Important dates:

     15 April 2024 | Distribution to shareholders (payment date)
     22 August 2024 | Publication of 2024 half-year report
     27 August 2024 | Sustainability Forum

For further information, please contact:

     Patrik Stillhart, CEO    T +41 41 729 10 10, (1)ir@zugestates.ch
     Mirko Käppeli, CFO

1. mailto:ir@zugestates.ch
About Zug Estates
The Zug Estates Group conceives, develops, markets and manages properties in
the Zug region. It focuses on central sites that are suitable for a wide
range of uses and allow sustainable development. The real estate portfolio
is composed mainly of the two sites in Zug and Risch Rotkreuz. The Group
also runs a city resort in Zug incorporating the leading business hotels
Park Hotel Zug and City Garden and a comprehensive range of restaurants. The
total value of the portfolio as of 31 December 2023 was CHF 1.83 billion.
Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich (ticker
symbol: ZUGN, securities number: 14 805 212).

Zug Estates Holding AG | Baarerstrasse 18 | CH-6300 Zug | T +41 41 729 10 10
| www.zugestates.ch


News Source: Zug Estates Holding AG


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End of Media Release

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   Language:       English
   Company:        Zug Estates Holding AG
                   Industriestrasse 12
                   6300 Zug
                   Switzerland
   Phone:          +41 41 729 10 10
   E-mail:         ir@zugestates.ch
   Internet:       www.zugestates.ch
   ISIN:           CH0148052126, CH0148052118
   Valor:          A1J0M6
   Listed:         SIX Swiss Exchange
   EQS News ID:    1876837

End of News EQS News Service
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1876837 09.04.2024 CET/CEST