Shareholders confirmed the re-election of the Chairman and the members of the Board of Directors. They elected Claudia Böckstiegel and Patrick Firmenich as new members of the Board.
Shareholders approved a dividend distribution of USD 0.37 (gross) in cash per share. They also approved the new share buyback program 2021–2024.
Shareholders approved the proposals relating to the remuneration of the members of the Board of Directors and the Group Executive Board and accepted the Compensation Report 2020.
At the Annual General Meeting, the independent proxy represented 2,146,061,226 votes.
Zurich, 8 April 2021 – UBS Group AG shareholders approved all of the Board of Directors’ proposals at the Annual General Meeting (AGM).
Management report and consolidated and standalone financial statements
Shareholders approved the management report and the consolidated and standalone financial statements for the 2020 financial year of UBS Group AG by 99.49%.
Compensation Report
Shareholders ratified the Compensation Report 2020 in an advisory vote by 85.72%.
Appropriation of total profit and dividend distribution of ordinary dividend out of total profit and capital contribution reserve
Shareholders approved the appropriation of total profit and an ordinary dividend distribution of USD 0.37 (gross) per share in cash (99.60%).
Discharge of the members of the Board of Directors and the Group Executive Board
Shareholders approved the discharge of the members of the Board of Directors and the Group Executive Board for the 2020 financial year (excluding all issues related to the French cross-border matter) by 91.36%.
Re-election of the members of the Board of Directors
The AGM confirmed the Chairman of the Board of Directors, Axel A. Weber (92.02%), and fellow Board members Jeremy Anderson (98.96%), William C. Dudley (99.03%), Reto Francioni (98.85%), Fred Hu (89.97%), Mark Hughes (99.03%), Nathalie Rachou (96.55%), Julie G. Richardson (94.89%), Dieter Wemmer (98.86%) and Jeanette Wong (98.67%) for a one-year term of office.
Election of new members of the Board of Directors
Shareholders elected Claudia Böckstiegel (99.22%) and Patrick Firmenich (99.25%) as new members of the Board of Directors for a one-year term of office.
Election of the members of the Compensation Committee
Shareholders confirmed Julie G. Richardson (92.97%), Reto Francioni (93.97%), Dieter Wemmer (94.17%) and Jeanette Wong (96.85%) as members of the Compensation Committee for a one-year term of office.
Maximum aggregate amount of compensation for the members of the Board of Directors
Shareholders approved the maximum aggregate amount of compensation for the members of the Board of Directors from the 2021 AGM to the 2022 AGM (91.09%).
Aggregate amount of variable compensation for the members of the Group Executive Board
Shareholders approved the aggregate amount of variable compensation for the members of the Group Executive Board for the 2020 financial year (84.76%).
Maximum aggregate amount of fixed compensation for the members of the Group Executive Board
Shareholders approved the maximum aggregate amount of fixed compensation for the members of the Group Executive Board for the 2022 financial year (91.79%).
Re-elections of the independent proxy, the auditors and special auditors
Shareholders approved the re-election of the independent proxy ADB Altorfer Duss & Beilstein AG, Zurich, (99.79%), the auditors Ernst & Young Ltd, Basel, (94.17%) and special auditors BDO AG, Zurich (99.16%).
Amendments to the Articles of Association
Shareholders approved amendments to article 23 para. 1 of the Articles of Association (99.33%).
Reduction of share capital
Shareholders approved the request of a capital reduction by way of cancellation of 156,632,400 shares repurchased under the 2018–2021 share buyback program (99.51%).
New share buyback program
Shareholders approved the new 2021–2024 share buyback program (93.15%).
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