Ordinary General Meeting of Shareholders
Swatch Group: Decisions taken by the Swatch Group shareholders at the Ordinary Annual General Meeting of May 21, 2008 at the Palais des Congrès in Biel / Bienne.
Biel / Bienne (Swizerland), May 21, 2008 – At its today’s Ordinary General Meeting, the shareholders of the Swatch Group Ltd. approved the proposals submitted by the Board of Directors with a large majority (1655 present shareholders representing 71.9% of the voting rights). The proposals concerned:
- 2007 Annual Report
- Discharge of the Board of Directors
- Resolution for the Appropriation of the Net 4. Income
- Nomination of the Statutory Auditors
- Reduction of the Share Capital (adaptation of Article 4 of the Statutes).
More information in the PDF document attached below.