Proposals of the board of directors
The board of directors moves that the annual general meeting approve the distribution of CHF 5.00 plus a special dividend of CHF 1.50 per registered share, The total of CHF 6.50 is to be distributed as follows: CHF 5.06 per registered share as a dividend from retained earnings and CHF 1.44 per registered share as a repayment from capital reserves.
The board of directors moves that the annual general meeting approve the following appropriation of retained earnings:
|
Retained earnings carried forward |
CHF |
476,250,899 |
|
Net earnings for the year 2024 |
CHF |
132,928,120 |
|
The available profit amounts to |
CHF |
609,179,019 |
|
|
|
|
|
Dividend of CHF 5.00 |
CHF |
36,954,840 |
|
Special dividend of CHF 0.06 |
CHF |
443,458 |
|
Balance carried forward |
CHF |
571,780,721 |
The board of directors moves that the annual general meeting approve the following repayment of capital reserves:
|
Capital reserves |
CHF |
10,653,693 |
|
Special dividend of CHF 1.44 1) |
CHF |
10,642,994 |
|
Carried forward to the next year |
CHF |
10,699 |
1) Qualifies as tax-neutral repayment of capital in accordance with Art. 20 of the Federal Law on Direct Federal Tax, and Art. 5 of the Federal Law on Withholding Tax.
No payment will be made on registered shares held by Repower AG on the due date. This may reduce the actual distribution accordingly.
The distribution / repayment per registered share for the 2024 financial year as determined by the annual general meeting will be paid out to shareholders as follows: CHF 5.06 as a dividend, with withholding tax deducted, and CHF 1.44 from capital reserves, with no withholding tax deducted. Provided the annual general meeting passes these motions, the distribution will be paid on 20 May 2025.
Poschiavo, 4 April 2025
For the board of directors:
Dr Monika Krüsi
Chair of the board of directors