At today’s Annual General Meeting, the shareholders of Alpiq Holding Ltd. approved all the motions proposed by the Board of Directors
The General Meeting approved the 2020 consolidated financial statements of the Alpiq Group as well as the business review and the 2020 annual financial statements of Alpiq Holding Ltd.
Dividend payment approved based on positive results
Board of Directors downsized from 10 to 7 members, Chairman Jens Alder re-elected
Lausanne − The independent proxy represented 100 percent of the share capital. Among other things, shareholders approved the 2020 consolidated financial statements of the Alpiq Group as well as the business review and the 2020 annual financial statements of Alpiq Holding Ltd. The General Meeting discharged the members of the Board of Directors and, in light of the positive results, approved the motion by the Board of Directors to pay out a total dividend of CHF 46 million for the 2020 financial year. In 2020, Alpiq generated an EBITDA of CHF 262 million before exceptional items (2019: CHF 110 million).
Downsizing of the Alpiq Board of Directors
In the context of the downsizing of the Board of Directors of Alpiq Holding AG, the Board members Alexander Kummer-Grämiger, Wolfgang Martz and Hans Ulrich Meister no longer stood for re-election. On behalf of the entire Board of Directors, Chairman Jens Alder expressed his gratitude to the retiring Board members for their strong commitment and their valuable contributions towards the continuous, target-oriented development of the company. All the remaining members of the Board of Directors, Conrad Ammann, Tobias Andrist, Aline Isoz, Jørgen Kildahl, Jean-Yves Pidoux and Phyllis Scholl, as well as the Chairman of the Board Jens Alder were re-elected.
Creating sustainable values
“Alpiq looks back on the 2020 financial year as an exceptional one in many respects. The ongoing COVID-19 pandemic was the dominating issue for people worldwide and affected the global markets. Alpiq performed well in a challenging year and stands on a sound financial footing. Under the leadership of its CEO Antje Kanngiesser, Alpiq intends to create sustainable values for its shareholders, its customers and the company, for the climate and for the security of supply in Switzerland and Europe,” says Chairman of the Board Jens Alder.
More information about Alpiq: www.alpiq.com