2020

02.04.2020 – COLTENE Holding AG

Annual General Meeting – Shareholders Approve All Motions of the Board of Directors

Media Release

Annual General Meeting – Shareholders Approve All Motions of the Board of Directors

Altstätten, April 2, 2020 – The Annual General Meeting of COLTENE Holding AG (SIX Swiss Exchange: CLTN) passed all motions proposed by the Board of Directors with a large majority. The shareholders approved the management report, the annual financial statements and the consolidated financial statements 2019 as well as the profit to be carried forward to the 2020 accounts. In addition, they voted for the proposed distribution of CHF 1.50 per share from capital contribution reserves with foreign reference. It is distributed tax-free to natural persons with tax domicile in Switzerland. Nick Huber (Chairman), Erwin Locher, Jürgen Rauch, Matthew Robin, Astrid Waser, Roland Weiger and Allison Zwingenberger were re-elected to the Board of Directors for a term of one year. Ernst & Young AG, St. Gallen, was confirmed as statutory auditor. Shareholders approved in a consultative vote the compensation report 2019 and in a binding vote the aggregate remuneration of the members of the Board and Executive Management for the financial year 2021.

In the invitation to the Annual General Meeting sent out on March 4, 2020, the Board of Directors proposed a distribution of CHF 3.00 per share from capital contribution reserves with foreign reference. In the meantime, the Board of Directors has dealt with the rapidly changing effects of the Corona crisis. The long-term consequences cannot be estimated at present. In this difficult market environment for the dental industry, the Board of Directors considers it a very important task to ensure liquidity even in the event of prolonged treatment restrictions by dental practices and the probable related decline in sales. The Board of Directors therefore proposed to the Annual General Meeting an amendment to agenda item 2.2 (distribution from capital contribution reserves), reducing the distribution from capital contribution reserves with foreign reference by half compared to the original proposal. The distribution of CHF 1.50 per registered share results in a yield of 1.7% based on the closing share price of CHF 88.80 (as per December 31, 2019) and will be paid on April 8, 2020 (Payment Date).

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For further information: Gerhard Mahrle, CFO,
phone +41 71 757 54 37, mobile +41 79 346 23 02, e-mail gerhard.mahrle@coltene.com

About COLTENE

COLTENE is an internationally active developer, manufacturer and seller of dental consumables and small equipment in the areas of Infection Control, Dental Preservation and Efficient Treatment. COLTENE has state‐of‐the‐art production facilities in the USA, Canada, Germany, France, Brazil and Switzerland as well as own distribution organizations in all major markets including Europe, North and Latin America, China and India. Dentists and dental labs all around the globe trust COLTENE’s high‐quality products. The registered shares of COLTENE Holding AG (CLTN) are listed on SIX Swiss Exchange. Learn more about COLTENE and our products at www.coltene.com.

Contact information

COLTENE Holding AG

Feldwiesenstrasse 20

9450 Altstätten, Switzerland

P + 41 71 757 53 00

investor@coltene.com

www.coltene.com

This written statement and oral statements or other statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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