Results of the Ordinary General Meeting of Avolta AG held on May 14, 2025

The Ordinary General Meeting of Avolta AG was held today in Basel, Switzerland. A total number of 102,301,999 shares was represented at the meeting, corresponding to 69.83% of the total share capital of Avolta AG. The shareholders resolved as follows:¹

1.The Board of Directors’ proposal pursuant to agenda item 1.1 that the consolidated financial statements and the annual financial statements for 2024 be approved has been accepted by a majority of 99.82% of the votes. The Board of Directors’ proposal pursuant to agenda item 1.2 that the non-financial reporting as shown in the annual report 2024 be approved has been accepted by a majority of 95.84% of the votes. The Board of Directors’ proposal pursuant to agenda item 1.3 that the remuneration report as shown in the annual report 2024 be approved on a non-binding consultative basis has been accepted by a majority of 89.32% of the votes.

2.The Board of Directors’ proposal pursuant to agenda item 2 that the retained loss be carried forward and a dividend from the reserve from capital contribution in the amount of CHF 1.00 per registered share be distributed has been accepted by a majority of 99.91% of the votes.

3.The Board of Directors’ proposal pursuant to agenda item 3 that the members of the Board of Directors and the persons entrusted with management be granted discharge for their activities in the financial year 2024 has been accepted by a majority of 99.40% of the votes.

4.The Board of Directors’ proposals pursuant to agenda item 4 to amend the Articles of Incorporation (Amendment of Capital Range) has been accepted by a majority of 97.42% of the votes.

5.The Board of Directors’ proposals pursuant to agenda item 5 concerning elections to the Board of Directors have been accepted with the following majorities:

Agenda item 5.1 – Re-election of the Chairman: Mr. Juan Carlos Torres Carretero has been re- elected with 94.30% of the votes;

Agenda item 5.2 – Re-election of Directors:

• Mr. Alessandro Benetton has been re-elected with 93.02% of the votes;
• Ms. Heekyung Jo Min has been re-elected with 99.39% of the votes;
• Mr. Sami Kahale has been re-elected with 96.33% of the votes;
• Mr. Enrico Laghi has been re-elected with 96.25% of the votes;
• Mr. Luis Maroto Camino has been re-elected with 94.84% of the votes;
• Mr. Joaquín Moya-Angeler Cabrera has been re-elected with 95.04% of the votes;
• Mr. Ranjan Sen has been re-elected with 97.94% of the votes;
• Ms. Mary J. Steele Guilfoile has been re-elected with 99.51% of the votes; and
• Ms. Eugenia M. Ulasewicz has been re-elected with 98.86% of the votes.

Agenda item 5.3 – Election of New Directors: 

• Mr. Bruno Chiomento has been elected with 99.85% of the votes; and
• Ms. Jeanne P. Jackson has been elected with 97.72% of the votes.

6.The Board of Directors’ proposals pursuant to agenda item 6 concerning re-elections to the Remuneration Committee have been accepted with the following majorities:

• Mr. Enrico Laghi has been re-elected with 96.83% of the votes;

• Mr. Luis Maroto Camino has been re-elected with 92.89% of the votes;

• Mr. Joaquín Moya-Angeler Cabrera has been re-elected with 95.57% of the votes; and

• Ms. Eugenia M. Ulasewicz has been re-elected with 97.32% of the votes.

7.The Board of Directors’ proposal pursuant to agenda item 7 concerning the re-election of Deloitte AG as the Auditors has been accepted with 97.29% of the votes.

8.The Board of Directors’ proposal pursuant to agenda item 8 concerning the re-election of Altenburger Ltd legal + tax as the Independent Voting Rights Representative has been accepted with 99.94% of the votes.

9.The Board of Directors’ proposals pursuant to agenda item 9 concerning the compensation of the Board of Directors and the Global Executive Committee have been accepted with the following majorities:

Agenda item 9.1 – Approval of the Maximum Aggregate Amount of Compensation of the Board of Directors: Accepted with 93.24% of the votes;

Agenda item 9.2 – Approval of the Maximum Aggregate Amount of Compensation of the Global Executive Committee for Financial Year 2026: Accepted with 94.01% of the votes.

¹ The voting results expressed in this news release are in percent of the votes represented at the Ordinary General Meeting for the respective agenda item. Detailed voting results in absolute numbers can be found in the minutes of the Ordinary General Meeting, which will be made available on Avolta’s website at  https://www.avoltaworld.com/en/AGM2025

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