Annual General Meeting of LEM Holding approves all proposals

LEM HOLDING SA / Key word(s): AGMEGM
Annual General Meeting of LEM Holding approves all proposals

28.06.2024 / 07:00 CET/CEST

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Geneva, 28 June 2024 - LEM (SIX: LEHN), a global leader in electrical
measurement for automation, e-mobility, renewable energy, power network and
railroad applications, held its Annual General Meeting yesterday at the
HP/Hive Innovation Lab in Meyrin, Geneva. At the Annual General Meeting a
total of 83.63% of the share capital entitled to vote was represented.

A strong majority followed the Board of Directors' recommendations and
approved all the resolutions. In particular, it approved the distribution of
a gross dividend of CHF 50.00 per dividend-bearing share. The net amount
after Swiss withholding tax of CHF 32.50 will be distributed on 4 July 2024.

The Board members standing for re-election Ilan Cohen, François Gabella,
Andreas Hürlimann, Ulrich Looser, Ueli Wampfler and Werner Weber have been
confirmed for another one-year term. Dr. Libo Zhang has been elected as new
member of the Board of Directors. Andreas Hürlimann was confirmed as
Chairman. The members of the Nomination & Compensation Committee were also
re-elected.

The compensation of the Board of Directors and the Executive Management has
been approved as well as the consultative votes on the compensation report
and the report on non-financial matters.

The minutes and voting results of the Annual General Meeting will be
published on LEM's website as soon as they are available within the
deadlines required by law.

The next Annual General Meeting of LEM Holding will take place on 26 June
2025.


LEM - Life Energy Motion
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A leading company in electrical measurement, LEM engineers the best
solutions for energy and mobility, ensuring that our customers' systems are
optimized, reliable and safe.

Our 1'800 people in 17 countries transform technology potential into
powerful answers. We develop and recruit the best global talent, working at
the forefront of megatrends such as renewable energy, mobility, automation
and digitization. With innovative electrical solutions, we are helping our
customers and society accelerate the transition to a more sustainable
future.

Listed on the SIX Swiss Exchange since 1986, the company's ticker symbol is
LEHN.

www.lem.com

   Investor contact Andrea    Media contact Dynamics Group Thomas Balmer,
   Borla, Chief Finance       +41 79 703 87 28, (1)tba@dynamicsgroup.ch
   Officer +41 22 706 1250    Christian Wolf, +41 79 457 72 05,
   (1)investor@lem.com  1.    (2)cwo@dynamicsgroup.ch  1.
   mailto:investor@lem.com    mailto:tba@dynamicsgroup.ch 2.
                              mailto:cwo@dynamicsgroup.ch

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   Language:       English
   Company:        LEM HOLDING SA
                   Route du Nant-d'Avril 152
                   1217 Meyrin
                   Switzerland
   E-mail:         investor@lem.com
   Internet:       www.lem.com
   ISIN:           CH0022427626
   Listed:         SIX Swiss Exchange
   EQS News ID:    1935215

End of News EQS News Service
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1935215 28.06.2024 CET/CEST