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Annual General Meeting of Shareholders 2021

Shareholders approved all resolutions via the Independent Proxy

  • Dividend payout of CHF 0.35 per share was approved
  • Prof. Dr. Michael Süss was re-elected as the Chairman of the Board
  • Jürg Fedier was elected as a new Board Member
  • All Board Members who stood for re-election were voted in
  • All members of the Human Resources Committee (HRC) who stood for re-election were voted in. Paul Adams was elected as a new member of the HRC

Pfäffikon, Schwyz, Switzerland – A total of 73.64% of share capital were represented at the 48th Annual General Meeting of Shareholders (AGM) via the authority that was granted by shareholders to the Independent Proxy, Proxy Voting Services GmbH. Shareholders did not attend the AGM in person in line with the ordinance from the Swiss Federal Council as a measure to combat the Coronavirus (Covid-19).

Following the instructions given to the Independent Proxy, all resolutions were approved by a large majority, including the maximum aggregate total compensation of the Board for their term of office (AGM 2021 to AGM 2022), the maximum aggregate fixed compensation of the Executive Committee (EC) for the period July 1, 2021 through June 30, 2022 and the retrospective variable compensation of the EC for 2020, as well as the dividend payout of CHF 0.35 per share.

Prof. Dr. Michael Süss was re-elected as the Chairman of the Board of Directors. Mr. Jürg Fedier was elected as a new member of the Board, while Paul Adams, Irina Matveeva, Alexey V. Moskov, Gerhard Pegam and Dr. Suzanne Thoma were all re-elected as members of the Board. Furthermore, shareholders approved the re-election of Prof. Dr. Michael Süss, Alexey V. Moskov, Gerhard Pegam und Dr. Suzanne Thoma as members of the HRC and the election of Paul Adams as a new member of the HRC. All elected Board members will serve a one-year term.

“As we want to protect the health and safety of all our stakeholders, the Annual General Meeting was held for the second time without the personal participation of our shareholders. I would like to thank all shareholders for your understanding,” said Prof. Dr. Michael Süss. “In 2020, as Oerlikon, we were able to prove that we are very agile in responding to challenging situations. It is now clear that our strategy not only proves its worth in relation to the long-term development of our company, but also in times of a global crisis, which we are currently experiencing. We will continue implementing measures so that we can emerge stronger from the crisis and have the best start position when the economy recovers. Our ultimate goal is to create more added value for all stakeholders in the medium to long term."

About Oerlikon

Oerlikon (SIX: OERL) is a global innovation powerhouse for surface engineering, polymer processing and additive manufacturing. The Group’s solutions and comprehensive services, together with its advanced materials, improve and maximize performance, function, design and sustainability of its customer’s products and manufacturing processes in key industries. Pioneering technology for decades, everything Oerlikon invents and does is guided by its passion to support customer’s goals and foster a sustainable world. Headquartered in Pfäffikon, Switzerland, the Group operates its business in two Divisions – Surface Solutions and Manmade Fibers. It has a global footprint of more than 10 600 employees at 179 locations in 37 countries and generated sales of CHF 2.3 billion in 2020.

Disclaimer

OC Oerlikon Corporation AG, Pfäffikon together with its affiliates, hereinafter referred to as “Oerlikon”, has made great efforts to include accurate and up-to-date information in this document. However, Oerlikon makes no representation or warranties, expressed or implied, as to the truth, accuracy or completeness of the information provided in this document. Neither Oerlikon nor any of its directors, officers, employees or advisors, nor any other person connected or otherwise associated with Oerlikon, shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this document.

The contents of this document, including all statements made therein, are based on estimates, assumptions and other information currently available to the management of Oerlikon. This document contains certain statements related to the future business and financial performance or future events involving Oerlikon that may constitute forward-looking statements. The forward-looking statements contained herein could be substantially impacted by risks, influences and other factors, many of which are not foreseeable at present and/or are beyond Oerlikon’s control, so that the actual results, including Oerlikon’s financial results and operational results, may vary materially from and differ from those, expressly or implicitly, provided in the forward-looking statements, be they anticipated, expected or projected. Oerlikon does not give any assurance, representation or warranty, expressed or implied, that such forward-looking statements will be realized. Oerlikon is under no obligation to, and explicitly disclaims any obligation to, update or otherwise review its forward-looking statements, whether as a result of new information, future events or otherwise.

This document, including any and all information contained therein, is not intended as, and may not be construed as, an offer or solicitation by Oerlikon for the purchase or disposal of, trading or any transaction in any Oerlikon securities. Investors must not rely on this information for investment decisions and are solely responsible for forming their own investment decisions

For further information, please contact:

Kerstin Flötner

Kerstin Flötner

Head of Corporate Communications, Marketing & Public Affairs
Leng Wong

Leng Wong

Head of Group External Communications

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