At today's Extraordinary General Meeting of Sika AG the shareholders have approved by a large majority all proposals of the Board of Directors.

In particular the following resolutions were taken:

  • The creation of unitary registered shares with a nominal value of CHF 0.01 each, the abolishment of the opting-out and the transfer restrictions as well as the cancellation of the Sika registered shares purchased from Schenker-Winkler Holding AG (representing 6.97% of the share capital) by way of a capital reduction in an amount of CHF 106,295.20 to CHF 1,417,811.60 were approved.
  • Justin Howell was elected as a member of the Board of Directors and of the Nomination and Compensation Committee.
  • The compensation of the Board of Directors for the terms of office from the Annual General Meeting 2015 to the Annual General Meeting 2019 was approved.
  • The administrative bodies were granted unconditional discharge.
  • The special experts committee established by the Annual General Meeting 2015 was withdrawn.