Content - Annual General Meeting approves increased dividend of CHF 6.50 – Board of Directors expanded

Annual General Meeting approves increased dividend of CHF 6.50 – Board of Directors expanded

March 30, 2017

The shareholders of Autoneum Holding Ltd agreed to all the proposals from the Board of Directors at the Annual General Meeting today. A dividend for the 2016 financial year of CHF 6.50 per share was approved, CHF 2.00 up on the previous year. Norbert Indlekofer was newly elected to the Board of Directors.

388 shareholders attended the Annual General Meeting of Autoneum Holding Ltd in Winterthur today. 69 percent of the share capital was represented.

In his address, Chairman of the Board of Directors Hans-Peter Schwald underlined the impressive development of Autoneum since the separation in 2011 and stressed that this had been the prerequisite for the sustained corporate success. CEO Martin Hirzel added: “With new record highs, 2016 was not only financially another very successful year for our company, but it marked also the year of our five-year anniversary. Today Autoneum is an automotive supplier with above-average profitability and as one of the 100 largest suppliers throughout the world a recognized global player and innovation leader in the automotive industry. Our corporate development confirms the trust our shareholders place in us. At the same time, we have also laid the foundation for further profitable growth in the future.”

The shareholders approved the Annual Report 2016, including the annual and consolidated financial statements. Owing to the further improvement in the result in 2016, a dividend of CHF 6.50 per registered share will be paid out as of April 5, 2017, up CHF 2.00 on the previous year. The dividend contribution from the disposal of the UGN business in Chicago Heights (Illinois), USA amounts to CHF 1.00.

Chairman Hans-Peter Schwald and the other members of the Board of Directors, Rainer Schmückle, Michael Pieper, This E. Schneider, Peter Spuhler and Ferdinand Stutz, were confirmed in office. This E. Schneider, Hans-Peter Schwald and Ferdinand Stutz were also re-elected to the Compensation Committee.

The Annual General Meeting elected Norbert Indlekofer as a new member of the Board of Directors of Autoneum Holding Ltd. A German citizen, Norbert Indlekofer has many years of experience in the automotive industry and valuable skills in the areas of research, develop-ment and technology that will ideally complement the expertise of the Board of Directors. He has worked for over 25 years in various management positions at the Schaeffler Group, one of the largest German automotive suppliers, most recently as President and CEO Automotive of Schaeffler AG. With the appointment of Norbert Indlekofer the Board of Directors of Autoneum Holding Ltd is being expanded from six to seven members.

A large majority of the shareholders of Autoneum Holding Ltd also gave formal discharge to all members of the Group Executive Board and Board of Directors.

The consultative vote on the remuneration report was approved by 85 percent. The proposals for the remuneration of the Board of Directors and Group Executive Board in the 2018 financial year and all other proposals were likewise approved by a large majority.

For more information, please contact:

InvestorsMedia

Dr Martin Zwyssig
CFO
T +41 52 244 82 82
F +41 52 244 83 37
investor@anti-clutterautoneum.com

Dr Anahid Rickmann
Head Corporate Communications
T +41 52 244 83 88
F +41 52 244 83 36
media@anti-clutterautoneum.com

Autoneum. Mastering sound and heat.