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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.
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rights were rescinded and the qualified majority for important decisions of the Annual General Meeting was lowered from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  
End of Inside Information  
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

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END) Dow Jones Newswires

April 26, 2024 07:14 ET (11:14 GMT)