Appropriation of retained earnings
The Board of Directors proposes the following appropriation of retained earnings to the annual general meeting:
Poschiavo, 30 March 2017
For the Board of Directors:
![](https://onlinereport.repower.com/16/ar/app/uploads/2017/03/cd62edf6-c27d-4bd7-beaf-2fc12837e868.jpeg)
Chairman of the Board of Directors
Poschiavo, 30 March 2017
For the Board of Directors: