Ordinary General Meeting of Shareholders

Swatch Group

Swatch Group: Decisions taken by the Swatch Group shareholders at the Ordinary Annual General Meeting of May 21, 2008 at the Palais des Congrès in Biel / Bienne.

 

Biel / Bienne (Swizerland), May 21, 2008 – At its todays Ordinary General Meeting, the shareholders of the Swatch Group Ltd. approved the proposals submitted by the Board of Directors with a large majority (1655 present shareholders representing 71.9% of the voting rights). The proposals concerned:

  1. 2007 Annual Report
  2. Discharge of the Board of Directors
  3. Resolution for the Appropriation of the Net 4. Income
  4. Nomination of the Statutory Auditors
  5. Reduction of the Share Capital (adaptation of Article 4 of the Statutes).

More information in the PDF document attached below.