2020

31.03.2020 – BELIMO Holding AG

BELIMO Holding AG: Annual General Meeting Approves All Motions

Belimo Holding AG / Key word(s): AGMEGM
BELIMO Holding AG: Annual General Meeting Approves All Motions

31-March-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Hinwil (Switzerland), EMBARGOED UNTIL March 31, 2020, 07:00 a.m. CET

Press Release of the Belimo Group

BELIMO Holding AG: Annual General Meeting Approves All Motions

The Annual General Meeting of March 30, 2020 was held at the headquarters of
BELIMO Holding AG in Hinwil (Switzerland) excluding personal attendance of
all shareholders. Having regard to ordinance 2 on measures to prevent
coronavirus (COVID-19) the Board of Directors decided to take this
precautionary measure for the protection of its shareholders.

The independent proxy therefore represented 86.91 percent of voting share
capital at this year's Annual General Meeting.

The shareholders approved all motions by the Board of Directors. They agreed
to a dividend distribution of CHF 150.00 per share. The dividend will be
paid out on April 3, 2020.

The 2019 Remuneration Report containing details of the remuneration for the
2019 financial year was approved by a non-binding consultative vote. The
shareholders discharged the members of the Board of Directors for their
activities in the 2019 financial year. The fixed remuneration of the Board
of Directors and the fixed and variable remuneration of the Group Executive
Committee for the 2020 financial year were approved.

All incumbent members of the Board of Directors were re-elected for a
further term of office of one year. The shareholders also elected Stefan
Ranstrand as a new member of the Board of Directors. Patrick Burkhalter was
confirmed as the Chairman of the Board of Directors and Dr. Martin Zwyssig
as the Deputy Chairman. Furthermore, the shareholders elected Prof. Adrian
Altenburger (lead) and Sandra Emme as members of the Remuneration Committee
for the next term of office of one year.

Proxy Voting Services GmbH (Managing Director: Dr. René Schwarzenbach),
Grossmünsterplatz 1, 8001 Zurich (Switzerland), was re-elected as an
independent representative of voting rights and KPMG AG was also re-elected
for a further term of office of one year as the auditor.


The Belimo Group is a leading global manufacturer of innovative electrical
actuator, valve, and sensor solutions for heating, ventilation, and air
conditioning systems. The Company reported sales of CHF 693 million in 2019
and has approximately 1,900 employees. Information about the Company and its
products is available on the internet at www.belimo.com.

The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange
since 1995 (BEAN).

   Contact      Dr. Markus Schürch, CFO                        +41 43 843 65 01

   Agenda       Dividend Payment                                  April 3, 2020
                Publication of Semiannual Report 2020            August 3, 2020
                Publication of Sales 2020                      January 21, 2021
                Publication of Annual Report 2020 /               March 8, 2021
                Media and Financial Analysts Conference
                Annual General Meeting 2021                      March 29, 2021



---------------------------------------------------------------------------

End of ad hoc announcement

---------------------------------------------------------------------------

Information and Explanation of the Issuer to this News:

Hinwil (Switzerland), EMBARGOED UNTIL March 31, 2020, 07:00 a.m. CET

Press Release of the Belimo Group

BELIMO Holding AG: Annual General Meeting Approves All Motions

The Annual General Meeting of March 30, 2020 was held at the headquarters of
BELIMO Holding AG in Hinwil (Switzerland) excluding personal attendance of
all shareholders. Having regard to ordinance 2 on measures to prevent
coronavirus (COVID-19) the Board of Directors decided to take this
precautionary measure for the protection of its shareholders.

The independent proxy therefore represented 86.91 percent of voting share
capital at this year's Annual General Meeting.

The shareholders approved all motions by the Board of Directors. They agreed
to a dividend distribution of CHF 150.00 per share. The dividend will be
paid out on April 3, 2020.

The 2019 Remuneration Report containing details of the remuneration for the
2019 financial year was approved by a non-binding consultative vote. The
shareholders discharged the members of the Board of Directors for their
activities in the 2019 financial year. The fixed remuneration of the Board
of Directors and the fixed and variable remuneration of the Group Executive
Committee for the 2020 financial year were approved.

All incumbent members of the Board of Directors were re-elected for a
further term of office of one year. The shareholders also elected Stefan
Ranstrand as a new member of the Board of Directors. Patrick Burkhalter was
confirmed as the Chairman of the Board of Directors and Dr. Martin Zwyssig
as the Deputy Chairman. Furthermore, the shareholders elected Prof. Adrian
Altenburger (lead) and Sandra Emme as members of the Remuneration Committee
for the next term of office of one year.

Proxy Voting Services GmbH (Managing Director: Dr. René Schwarzenbach),
Grossmünsterplatz 1, 8001 Zurich (Switzerland), was re-elected as an
independent representative of voting rights and KPMG AG was also re-elected
for a further term of office of one year as the auditor.


The Belimo Group is a leading global manufacturer of innovative electrical
actuator, valve, and sensor solutions for heating, ventilation, and air
conditioning systems. The Company reported sales of CHF 693 million in 2019
and has approximately 1,900 employees. Information about the Company and its
products is available on the internet at www.belimo.com.

The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange
since 1995 (BEAN).

   Contact      Dr. Markus Schürch, CFO                        +41 43 843 65 01

   Agenda       Dividend Payment                                  April 3, 2020
                Publication of Semiannual Report 2020            August 3, 2020
                Publication of Sales 2020                      January 21, 2021
                Publication of Annual Report 2020 /               March 8, 2021
                Media and Financial Analysts Conference
                Annual General Meeting 2021                      March 29, 2021



---------------------------------------------------------------------------

close