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Belimo Holding AG / Key word(s): AGMEGM
49th Annual General Meeting of BELIMO Holding AG Approves All Motions
2024-03-26 / 06:00 CET/CEST
The 49^th Annual General Meeting of BELIMO Holding AG was held on March 25, 2024. 488 shareholders accepted the
invitation from Belimo Group and gathered at the ENTRA event location in Rapperswil (Switzerland). Together with the
Independent Voting Rights Representative, they represented the votes of 8,476,230 or 68.9% of the Company's shares.

The shareholders approved all motions presented by the Board of Directors, including the decision to maintain the
dividend at CHF 8.50 per share, to be distributed on April 2, 2024. The 2023 Report on Non-Financial Matters and the
2023 Remuneration Report were approved by consultative votes. The shareholders discharged the members of the Board of
Directors for the 2023 financial year.

The shareholders approved the proposed amendments to the Articles of Incorporation of BELIMO Holding AG, which are
mainly in response to revisions to the Swiss company law. Taking these amendments into account, the proposed maximum
remuneration of the Board of Directors from January 1, 2024, to the 2024 Annual General Meeting, and from the 2024
Annual General Meeting to the 2025 Annual General Meeting, were approved. In addition, the proposed maximum
remuneration of the Executive Committee for both the 2024 and the 2025 financial years was also approved.

All sitting members of the Board of Directors were re-elected to one-year terms of office. No new members were proposed
for election to the Board. Patrick Burkhalter was confirmed as the Chairman of the Board of Directors and Dr. Martin
Zwyssig as the Deputy Chairman. The shareholders elected Sandra Emme (Lead), Urban Linsi, Ines Pöschel and Stefan
Ranstrand, as members of the Remuneration and Nomination Committee, to additional one-year terms of office.

Proxy Voting Services GmbH, Zurich, was confirmed as the Independent Voting Rights Representative and Ernst & Young AG,
Zurich, was re-elected to the office of External Auditor for a one-year term.


The Belimo Group is the global market leader in the development, production, and sales of field devices for the
energy-efficient control of heating, ventilation, and air-conditioning systems. The focus of our core business is on
damper actuators, control valves, sensors and meters. In 2023, the Company reported sales of CHF 859 million and over
2,300 employees. Information about the Company and its products is available at www.belimo.com. The shares of BELIMO
Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN).



Contact Dr. Markus Schürch, CFO +41 43 843 61 72

Agenda          Dividend Payment                            April 2, 2024 
Publication of the Semiannual Report 2024   July 22, 2024 
Belimo Capital Markets Day 2024             September 4, 2024 

Publication of Sales 2024 January 20, 2025
Publication Annual Report 2024 /
February 24, 2025
Media and Financial Analysts Conference
Annual General Meeting 2025 March 24, 2025
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Language:     English 
Company:      Belimo Holding AG 

Brunnenbachstrasse 1
8340 Hinwil
Switzerland

Phone:        +41 43 843 63 80 
Fax:          +41 43 843 62 41 
E-mail:       ir@belimo.ch 
Internet:     www.belimo.com 
ISIN:         CH1101098163 
Listed:       SIX Swiss Exchange 
EQS News ID:  1866889 

End of News EQS News Service
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1866889 2024-03-26 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1866889&application_name=news

END) Dow Jones Newswires

March 26, 2024 01:00 ET (05:00 GMT)