30 Apr 2009
Thalwil, Switzerland – April 30, 2009 – At their Annual General Meeting on 30th of April in Thalwil, the shareholders of u-blox Holding AG approved all proposals of the Board of Directors. 86 shareholders attended the meeting. A total of 3’196’472 voting shares were represented, corresponding to 51.20% of the overall share capital.
The shareholders approved the annual report and the 2008 accounts of the Holding and the consolidated accounts of the u-blox Group.
The meeting approved the appropriation of the available earnings of the Holding.
The shareholders discharged the Board of Directors and the Executive Committee for their activities in 2008.
Prof. Gerhard Tröster and Soo Boon Quek were re-elected to the Board of Directors for 3 years.
KPMG AG of Root/Luzern was reappointed as statutory auditor for a further term of one year.
The Meeting approved an amendment to the articles of association.