2024 Annual General Meeting of Kudelski SA: Key Outcomes

On April 19, 2024, Kudelski SA held its Annual General Meeting at its headquarters in Cheseaux-sur-Lausanne, Switzerland. A strong majority approved all proposals from the Board of Directors. A total of 59 shareholders representing 64,105,553 shares participated in the meeting, from a total of 97,692,064 shares.

The assembly approved the 2023 annual report, financial statements, consolidated accounts, and profit allocation for Kudelski SA. Non-financial reporting, compensation for the Board and Executive Board, and changes in articles of incorporation were also ratified. Both the Board and Executive Board received discharge for their 2023 management.

In the board elections, Mrs. Marguerite Kudelski and Messrs. Laurent Dassault, Patrick Foetisch, Michael Hengartner, André Kudelski, Pierre Lescure, Alec Ross, and Claude Smadja were re-elected for one-year terms. André Kudelski will continue as the Chairman of the Board. The Remuneration and Nomination Committee will also retain members Patrick Foetisch, Pierre Lescure, Alec Ross, and Claude Smadja for another year.

PricewaterhouseCoopers SA, Lausanne, remains the audit firm, and Mr. Olivier Colomb was chosen as the independent representative, both for one-year durations.