Annual General Meeting 29 June 2020

The annual general meeting approved all proposals of the Board of Directors by a large majority.

Alexander Vögele was re-elected as Chairman of the Board of Directors for another year. All other members of the Board of Directors, Dr. Hans-Peter Bauer, Andreas Hämmerli, Christian Perschak and Carolin Schmüser, were also re-elected for a further year.

The proportional reduction in nominal value approved at the annual general meeting reduces the nominal value of the existing registered shares with a nominal value of CHF 12.60 by CHF 3.60 to a new nominal value of CHF 9.00. The existing registered shares with a nominal value of CHF 2.52 will be reduced to a new nominal value of CHF 1.80. The respective withholding tax-free payments of CHF 3.60 and CHF 0.72 will be made after the legally prescribed waiting periods have expired in mid-September 2020. The ex-date will be 15 September 2020.

Finally, a brief update on Corona: In terms of total annual rental income, we expect a financial impact of less than -3%.

The half-yearly report 2020 will be published on 31 August 2020.