3316 shareholders at SGKB AGM: All proposals approved
ad hoc announcement pursuant to Art. 53 LR
With 3316 shareholders present, the Annual General Meeting (AGM) of St.Galler Kantonalbank (SGKB) on 4 May 2022 was one of the largest AGM of the current year in Switzerland. All proposals of the Board of Directors were approved. Thus, the dividend was increased to CHF 17 and Roland Ledergerber was elected as Chairman of the Board of Directors and successor to Thomas Gutzwiller. After the meeting, SGKB invited its shareholders to an evening with culinary delights and musical entertainment.
AGM approves all proposals of the Board of Directors
After the Annual General Meetings in 2020 and 2021 had to be held without public attendance due to the pandemic, 3316 shareholders attended the 22nd Annual General Meeting of the St.Galler Kantonalbank on 4 May 2022 at 5 p.m. at the Olma Messen exhibition centre in St.Gallen. In a little more than an hour, the agenda items were discussed, whereby the AGM approved all the proposals of the Board of Directors. Among other things, the AGM approved the increase of the dividend to CHF 17, which means that 56% of the consolidated profit for the 2021 financial year will be distributed to the shareholders.
Applause to the Chairman of the Board, Thomas Gutzwiller
The Annual General Meeting elected Roland Ledergerber, member of the Board of Directors since 2021, as Chairman of the Board of Directors. With applause, the shareholders acknowledged and thanked his predecessor, Thomas Gutzwiller, for many years of great commitment.
Social get-together with culinary delights
After the official part of the AGM, in keeping with tradition, the bank invited its shareholders to an enjoyable evening. The guests could choose from a variety of international culinary delights, also from Eastern Switzerland of course, and different music styles and they obviously enjoyed the face-to-face contact and the get-together at the SGKB's AGM.
Further information and pictures of the AGM 2022 can be found on the SGKB website.
Pictures of the AGM can be found through this link.