At the AGM, the independent proxy represented a total of 2,947,444 shares corresponding to 41.43% of the share capital. The shareholders approved all proposals of the Board of Directors (the “Board”).
The shareholders approved the annual report, financial statements, and consolidated financial statements for 2020, and the appropriation of available profit as reported for 2020. The shareholders granted discharge to the members of the Board and the Executive Committee for the fiscal year 2020.
In terms of share capital, the shareholders approved an increase in amount of conditional share capital by 120,400 shares to 355,645 shares. The shareholders authorize the board to increase the share capital at any time but by no later than April 30, 2023, by way of issuance of no more than 700’000 registered shares that are to be fully paid in with a nominal value of CHF 14.80 each, by a maximum nominal amount of CHF 10’360’000.
The shareholders approved in non-binding votes the compensation for the members of the Board for the period between the Annual General Meeting 2020 and the Annual General Meeting 2021, and the compensation for the Executive Committee for the financial year 2020. Furthermore, the Board requested and received shareholder approval for compensation of the Board and the Executive Committee for the financial year 2022 at the same levels as in the previous year.
The shareholders re-elected André Müller as Chairman, as well as Gina Domanig, Ulrich Looser, Annette Rinck, Markus Borchert, Thomas Seiler and Jean-Pierre Wyss as members of the Board. The shareholders also re-elected Gina Domanig and Markus Borchert to the Nomination and Compensation Committee.
KBT Treuhand AG, Zürich was re-elected as independent proxy and KPMG AG, Luzern was re-elected as auditor.
The complete agenda and explanatory notes, including all the proposed resolutions presented at the Meeting, as well as all related materials, are available on the company’s website. The minutes of the AGM will be posted on the Annual General Meeting page of the company’s website within 1 week.
u-blox (SIX:UBXN) is a global provider of leading positioning and wireless communication technologies for the automotive, industrial, and consumer markets. Their solutions let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and a growing ecosystem of product supporting data services, u-blox is uniquely positioned to empower its customers to develop innovative solutions for the Internet of Things, quickly and cost-effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA.
Find us on www.u‑blox.com, Facebook, LinkedIn, Twitter @ublox and YouTube
|Half year results 2021:||20 August, 2021|
|Analyst day:||23 November, 2021|
u-blox investor relations contacts:
Switzerland and Europe:
Doris Rudischhauser, c/o Dynamics Group AG
Phone: +41 79 410 81 88
Jeehae Linford, c/o The Equity Group Inc.
Phone: +1 (404) 840-3122
Phone +41 44 722 74 44
Fax +41 44 722 74 47