2020

08.05.2020 – Lalique Group SA

Ordinary General Meeting of Lalique Group SA

Lalique Group SA / Key word(s): AGMEGM
Ordinary General Meeting of Lalique Group SA

08.05.2020 / 17:30

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MEDIA RELEASE

Ordinary General Meeting of Lalique Group SA

Zurich, 8 May 2020 - The shareholders of Lalique Group SA approved all
proposals put forward by the Board of Directors at the General Meeting.
Sanjeev Malhan was elected as a new member of the Board of Directors. Due to
the measures prescribed by the Swiss Federal Council to protect the
population against the coronavirus, shareholders exercised their voting
rights exclusively through the independent proxy.

In view of the measures enacted by the Swiss Federal Council (Covid-19
Ordinance 2 of 13 March 2020), the General Meeting of 8 May 2020 took place
without the physical presence of shareholders and the agenda was limited to
those items required by law. Shareholders issued their voting instructions
to the independent proxy in advance of the General Meeting by means of a
power of attorney. A total of 6'371'451 or 88.5% of shares with voting
rights were represented.

Approval of all of the Board of Directors' proposals
At the Ordinary General Meeting in Zurich, the shareholders of Lalique Group
SA - represented by the independent proxy - approved the company's annual
report, consolidated financial statements and statutory financial statements
for the 2019 financial year and they granted discharge to the members of the
Board of Directors and the Executive Board.

All previous members of the Board of Directors - Silvio Denz (Chairman),
Roland Weber, Roger von der Weid, Claudio Denz, Jan Kollros and Marcel
Roesti - were re-elected for a further term of office of one year. Sanjeev
Malhan, who has been Chief Financial Officer of India-based DS Group's
confectionery business since October 2018, was elected as a new member of
the Board of Directors. DS Group, founded in 1929 as a small perfume
business, is today a broadly diversified conglomerate with headquarters in
Noida, India, and it acquired 12.3% of Lalique Group in June 2019. Silvio
Denz and Roland Weber were confirmed as members of the Remuneration
Committee.

Buis Bürgi AG, Zurich, was re-elected as the independent proxy for a term of
office ending at the next Ordinary General Meeting. Deloitte AG, Zurich, was
newly elected as auditor.

Media contact
Lalique Group SA
Esther Fuchs
Senior Communication & PR Manager
Grubenstrasse 18
CH-8045 Zurich

Phone: +41 43 499 45 58
esther.fuchs@lalique-group.com


Lalique Group
Lalique Group is a niche player in the creation, development, marketing and
global distribution of luxury goods. Its business areas comprise perfumes,
cosmetics, crystal, jewellery, high-end furniture and living accessories,
along with art, gastronomy and hospitality as well as single malt whisky.
Founded in 2000, the company employs approx. 730 staff and has its
headquarters in Zurich. The Lalique brand, from which the Group derives its
name, was created in Paris in 1888 by the master glassmaker and jewellery
designer René Lalique. The registered shares of Lalique Group SA (LLQ) are
listed on the SIX Swiss Exchange.

You can find further information at: www.lalique-group.com.


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