Results of the Annual General Meeting of Baloise Holding Ltd

Baloise Holding AG / Key word(s): AGMEGM
Results of the Annual General Meeting of Baloise Holding Ltd

26-Apr-2024 / 13:14 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR (SIX) and pursuant
to Art. 16 KR (BX)
The issuer is solely responsible for the content of this announcement.

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Basel, 26 April 2024. At the 61st Annual General Meeting, the shareholders
of Baloise Holding Ltd approved the proposal to increase the dividend to CHF
7.70 per share and elected Dr Guido Fürer as a new member of the Board of
Directors. Two of the three shareholder proposals achieved a qualified
majority; consequently, the registration and voting rights restrictions were
removed from the Articles of Association of Baloise Holding Ltd and the
threshold for a qualified majority was lowered from three quarters to two
thirds.

At the Annual General Meeting of Baloise Holding Ltd, two of the three
shareholder proposals reached the required qualified majority. The
provisions in the Articles of Association concerning the restriction of
registration and voting rights were rescinded and the qualified majority for
important decisions of the Annual General Meeting was lowered from three
quarters to two thirds of the votes represented at the AGM. However, the
shareholder proposal to amend the nominee clause was rejected, as
recommended by the Board of Directors.

Higher dividend approved

The Annual General Meeting voted in favour of all proposals by the Board of
Directors. The shareholders approved the Company's 2023 management report,
annual financial statements and consolidated financial statements, and
granted discharge to the members of the Board of Directors and management
team. The AGM also approved the dividend proposed by the Board of Directors,
meaning that a gross dividend of CHF 7.70 per share will be paid for the
2023 financial year.

Change of personnel on the Board of Directors

After eight successful years on the Board of Directors of Baloise Holding
Ltd, Hugo Lasat did not stand for re-election.

The shareholders elected Dr Guido Fürer as a new member of the Board of
Directors. Dr Fürer was Group Chief Investment Officer and a member of the
Corporate Executive Committee at Swiss Re from 2012 to 2023. Between 2019
and 2022, he held the position of Country President for Swiss Re in
Switzerland, and was also the chair of the Group Strategic Council.

Dr Thomas von Planta was confirmed as Chairman of the Board of Directors,
and the remaining members of the Board of Directors were each re-elected for
a term of one year.

'Our shareholders have approved our proposal to increase the dividend by 30
centimes to CHF 7.70 (gross). Three shareholder proposals had been
submitted. The restrictions on registration and voting rights were
originally introduced by our shareholders, and today a qualified majority of
shareholders have opted to remove these provisions from the Articles of
Association rather than amending them at the next AGM. We also welcome Dr
Guido Fürer to the Board of Directors, and we express our gratitude to Hugo
Lasat for his invaluable work over the last eight years,' said Dr Thomas von
Planta, Chairman of the Board of Directors, with regard to today's AGM.

The full speech in German by Dr Thomas von Planta can be downloaded from
www.baloise.com/annual-general-meeting and can be watched as a video stream
from 27 April 2024 at www.youtube.com/BaloiseGroup.

Important dates

* Tuesday, 30 April 2024: Ex-dividend date

* Friday, 3 May 2024: Dividend payment date

  * Thursday, 12 September 2024: Investor update and 2024 half-year
    financial results

* Wednesday, 20 November 2024: Q3 2024 interim statement

Further information

* Media information at www.baloise.com

* Media kit for the Annual General Meeting

* CV and profile of Dr Guido Fürer

* Financial calendar

Contact
Baloise, Aeschengraben 21, CH-4002 Basel
Website: www.baloise.com
E-Mail: media.relations@baloise.com / investor.relations@baloise.com
Media Relations: Tel: +41 58 285 82 14
Investor Relations: Tel: +41 58 285 81 81

About Baloise

The focus is firmly on the future at Baloise. We aim to make tomorrow more
straightforward, safer and more carefree for our customers, and we are
taking responsibility for this today. Baloise is more than just a
traditional insurance company. Through our smart finance and insurance
solutions, we offer a complete service package. Dependable support, reliable
cooperation and trust-based relationships are key aspects of our stakeholder
interaction. We take care of financial matters so that our customers can
concentrate on the important things in their lives and can find inspiration
in the everyday. Baloise, a European company founded more than 160 years
ago, currently employs 8,000 people at its headquarters in Basel
(Switzerland) and across its subsidiaries in Belgium, Germany and
Luxembourg. Our services generated a business volume of around CHF 8.6
billion in 2023. Baloise Holding Ltd shares (BALN) are listed on the SIX
Swiss Exchange.


News Source: Baloise Holding AG


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End of Inside Information

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   Language:       English
   Company:        Baloise Holding AG
                   Aeschengraben 21
                   4002 Basel
                   Switzerland
   Phone:          +41 61 285 85 85
   Fax:            +41 61 285 70 70
   E-mail:         media.relations@baloise.com
   Internet:       https://www.baloise.com
   ISIN:           CH0012410517
   Listed:         BX Berne eXchange; SIX Swiss Exchange
   EQS News ID:    1890773

End of Announcement EQS News Service
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1890773 26-Apr-2024 CET/CEST