Changes in the Board of Directors
During its last meeting, the Swatch Group Board of Directors made preparations for the Annual General Meeting of May 12, 2010.
Due to the increased seating requirements, the 2010 Annual General Meeting will take place at the MCH Swiss Exhibitions Congress Center in Basel instead of Biel / Bienne.
The dividend proposed to the Annual General Meeting amounts to CHF 0.80 per registered share and CHF 4.00 per bearer share.
Furthermore, Messrs. Jean-Pierre Roth (former Chairman of the Governing Board of the Swiss National Bank) and Georges Nicolas Hayek (Swatch Group CEO) will be proposed for election as additional Board members at the Annual General Meeting. During the same meeting, the Board elected its member Mrs. Nayla Hayek as additional Vice-President of the Board.
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