Annual General Meeting V-ZUG: Shareholders approve all proposals

V-ZUG Holding AG / Key word(s): AGMEGM
Annual General Meeting V-ZUG: Shareholders approve all proposals

23.04.2024 / 16:00 CET/CEST

---------------------------------------------------------------------------

Zug, 23 April 2024

MEDIA / INVESTOR RELEASE

4th Annual General Meeting

At the 4th Annual General Meeting (AGM) in Zug, Switzerland, the
shareholders of V-ZUG Holding AG approved all the proposals put forward by
the Board of Directors. The Annual General Meeting confirmed the re-election
of the Chairman and all members of the Board of Directors as well as the
Human Resources & Compensation Committee for a further term of office of one
year. Due to the challenging market situation and continued high
investments, the Annual General Meeting decided not to distribute a
dividend.

This year, V-ZUG Holding AG held its second Annual General Meeting with
physical attendance since going public. 256 shareholders attended the
meeting in Zug; 71.0 % of the share capital were represented. The agenda
items included the report on the 2023 financial year; this was submitted to
the Annual General Meeting for the first time together with the report on
non-financial matters (sustainability report) for the 2023 financial year.
In addition to the consultative vote on the 2023 compensation report, the
appropriation of retained earnings for 2023 was approved, the responsible
bodies were discharged and the members of the Board of Directors, the
Chairman of the Board of Directors, the members of the Human Resources &
Compensation Committee, the independent proxy and the auditors were elected.
The remuneration of the Board of Directors and Executive Committee was also
approved.

Further information

     Adrian Ineichen           Gabriele Weiher
     CFO                       Head of Investor and Media Relations
     Tel.: +41 58 767 60 03    Tel.: +41 58 767 86 19

Key dates

     19 July 2024    Publication of the half-year results 2024
     6 March 2024    Publication of the annual results 2024
     8 April 2025    Annual General Meeting 2025
     23 July 2025    Publication of the half-year results 2025

Media release (PDF)

About the V-ZUG Group

"Bringing simplicity into your home and creativity into your kitchen."

V-ZUG is Switzerland's leading brand in household appliances and markets its
products in selected premium markets abroad. V-ZUG has been developing and
manufacturing kitchen and laundry appliances in Switzerland for over 110
years and offers a comprehensive service in all its markets. The SIBIRGroup
AG, which focuses on the Swiss-wide provision of all-brand servicing and the
retail of household appliances, is also part of the V-ZUG Group. The V-ZUG
Group currently employs around 2,100 people.

V-ZUG Holding AG is listed in the Swiss Reporting Standard of SIX Swiss
Exchange in Zurich and represented in the Swiss Performance Index (SPI)
(securities number 54 248 374, ISIN CH0542483745, ticker symbol VZUG).



Legal notes

This media release is published in German and English. The German version is
binding. V-ZUG Holding AG processes personal data in accordance with its
privacy statement, which is available at
www.vzug.com/ch/en/privacy-statement.


News Source: V-ZUG Holding AG


---------------------------------------------------------------------------

End of Media Release

---------------------------------------------------------------------------

1887401 23.04.2024 CET/CEST