Results of Annual Shareholders Meeting of R&S Group Holding AG

R&S Group Holding AG / Key word(s): AGMEGM
Results of Annual Shareholders Meeting of R&S Group Holding AG

28.05.2024 / 17:45 CET/CEST

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News release

Results of Annual Shareholders Meeting of R&S Group Holding AG

* Shareholders approved all motions proposed by the Board of Directors

  * The approved dividend payment amounts to CHF 0.25 per registered share
    and payment thereof will take place on 03 June 2024.

Sissach/BL, Switzerland, 28 May 2024 - The ordinary Annual Shareholders
Meeting of R&S Group Holding AG (SIX: RSGN) took place today at The Circle,
Zurich-Airport. A total of 86.12% of the shares entitled to vote and 74.17%
of the share capital (excl. treasury shares) was represented.

The shareholders approved the annual report, the stand-alone financial
statements according to the Code of Obligations and the consolidated
financial statements of the group according to SWISS GAAP FER for the
financial year ending 31 December 2023, the compensation report for the
financial year ending 31 December 2023 in an advisory vote and the 2023
report on non-financial matters and accepted the proposed appropriation of
available earnings.

The shareholders granted discharge to the Board of Directors and the
Executive Committee and re-elected all current Board members as proposed.
The statutory auditors Deloitte AG and the independent proxy Buis Bürgi AG
were also re-elected for a term of one year.

The compensation for the Board of Directors and the Executive Committee was
also approved as proposed.

The introduction of a capital band with an upper limit of 120% and
authorization to exclude subscription rights of 10% - as per agenda item 8.1
- and the increase of the authority to exclude subscription rights by an
additional 10% in case of acquisitions - agenda item 8.2 - were also
approved.

The shareholders also approved the proposed amendments and clarifications to
the Articles of Association.

The minutes of the Annual Shareholder Meeting will be accessible in the
Corporate Governance section of the website.


The next ordinary Annual Shareholders Meeting is scheduled for 14 May 2025
in Zurich.

Calendar 2024/2025

     24 July         Trading update
     11 September    2024 half-year results
     31 October      Capital Markets Day
     14 May 2025     Annual Shareholders Meeting

Contacts

     Investor Relations                  Media
     Doris Rudischhauser                 Nicolas Weidmann
     Phone: +41 79 410 81 88             Phone: +41 79 372 29 81
     Email: investors@the-rsgroup.com    Email: media@the-rsgroup.com

About R&S Group

R&S Group Holding AG ("R&S Group", the "company") is headquartered in
Sissach/BL, Switzerland. With six manufacturing facilities in Switzerland,
Italy, Poland and the Middle East, R&S Group serves its domestic and various
European export markets with small and medium power and distribution
transformers in the utility, infrastructure and industrial sectors. The
company has been successfully positioned to benefit from the accelerating
demand for energy production and distribution, driven by the global trend
towards decarbonization. R&S Group has been listed on SIX Swiss Exchange on
13 December 2023 under the ticker symbol RSGN following its successful
business combination with VT5 Acquisition AG, a previously Swiss-listed
Special Purpose Acquisition Company (SPAC).

Further information about the R&S Group can be found at www.the-rsgroup.com.

Disclaimer

This communication expressly or implicitly contains certain forward-looking
statements concerning R&S Group Holding AG and its business. Such statements
involve certain known and unknown risks, uncertainties and other factors,
which could cause the actual results, financial condition, performance or
achievements of R&S Group Holding AG to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. R&S Group Holding AG is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new information,
future events or otherwise.


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=f4d03d6ce4d67b7a6a1bea84b1553d1a
File description: Results of Annual Shareholders Meeting of R&S Group
Holding AG

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End of Media Release

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   Language:       English
   Company:        R&S Group Holding AG
                   Churerstrasse 25
                   8808 Pfäffikon SZ
                   Switzerland
   E-mail:         investors@the-rsgroup.com
   Internet:       www.the-rsgroup.com
   ISIN:           CH1107979838, CH1108008082
   Listed:         SIX Swiss Exchange
   EQS News ID:    1912959

End of News EQS News Service
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1912959 28.05.2024 CET/CEST