V-ZUG Shareholders Approve All Board Proposals at Annual General Meeting

During the 4th Annual General Meeting of V-ZUG Holding AG in Zug, Switzerland, shareholders approved all the proposals presented by the Board of Directors. The Annual General Meeting confirmed the re-election of the Chairman and all board members, including the Human Resources & Compensation Committee for another year. Despite the challenging market conditions and high ongoing investments, a decision was made to not distribute dividends.

The company marked its second physical shareholders' meeting post-IPO with 256 attendees representing 71.0% of the share capital. Agenda items included financial and sustainability reports for 2023, a consultative vote on the compensation report, and the appropriation of retained earnings for 2023. The meeting also covered the election of board members, executive compensations, and auditors.