Annual General Meeting Of Intershop Holding AG Approves All Proposals Of The Board Of Directors

Intershop Holding AG / Key word(s): AGMEGM
Annual General Meeting of Intershop Holding AG approves all proposals of the Board of Directors
27.03.2024 / 19:36 CET/CEST

71.35 percent of total shares respectively 92.11 percent of all shares registered in the share registrar with voting rights were represented at today's 61st Annual General Meeting of Intershop Holding AG. All proposals tabled by the Board of Directors were approved. The resolutions included:

• Payment of an ordinary dividend of CHF 27.50 per share on 4th April 2024 (ex-date: 2nd April 2024)
• Re-election of Ernst Schaufelberger and Dr. Christoph Nater and election of Dr. Gregor Bucher to the Board of Directors and the Remuneration Committee
• Re-election of Ernst Schaufelberger as Chairman of the Board of Directors
• Approval of the total maximum compensation for the Board of Directors and the management team
• Approval of the proposed amendments to the Articles of Association, including a one-for-five share split and the introduction of a capital band

The share split will be implemented on 10th April 2024 (ex-date).

The term of office of all elected representatives ends at the close of the next Annual General Meeting.

During the subsequent meeting of the Board of Directors, Ernst Schaufelberger was appointed chairman of the Remuneration Committee.

Contact

Simon Haus, CEO

Company portrait

Intershop is a real estate company listed on the SIX Swiss Exchange and active in Switzerland, which invests principally in commercial properties. As of 31/12/2023, its portfolio included 43 properties with a lettable area of approx. 502,000 m2 and a market value of some 1.4 billion Swiss francs. Intershop invests mainly in the Zurich area, around Lac Leman and along the main traffic arteries. Its portfolio combines high yields with security, thanks to diversification by geography and type of use, with considerable potential for value appreciation in the properties with development potential.

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