Baloise AGM: further dividend increase approved and new member of the Board of Directors elected

Basel, April 27, 2018. At the Annual General Meeting, the shareholders of Bâloise Holding Ltd voted in favour of all the proposals on the agenda put forward by the Board of Directors, thus approving an attractive CHF 0.40 increase in the dividend to CHF 5.60 per share. Professor Hans-Jörg Schmidt-Trenz was newly elected to the Board of Directors.

Further dividend increase approved

The Baloise Annual General Meeting approved the Company’s 2017 annual report and separate and consolidated annual financial statements, and formally approved the actions of the members of the Board of Directors and management team. The Annual General Meeting voted in favour of all proposals by the Board of Directors. The dividend was raised again, by CHF 0.40 to CHF 5.60 per share, thanks to the good results achieved in the 2017 financial year. This increase confirms Baloise’s status as an attractive long-term investment for its shareholders.

Professor Hans-Jörg Schmidt-Trenz newly elected to the Board of Directors

The newest member of the Baloise Board of Directors, Hans-Jörg Schmidt-Trenz, is a professor of economics at Saarland University and the University of Hamburg and President of the HSBA Hamburg School of Business Administration. Werner Kummer did not stand for re-election. He had been a member of the Board of Directors since 2000 and served as its Vice-Chairman since 2014. “During his many years on the Board of Directors, Werner Kummer has helped to shape Baloise and its success, demonstrating great prudence and a wealth of expertise. I would like to take this opportunity to thank him for his unwavering dedication,” said Andreas Burckhardt, Chairman of the Board of Directors of Bâloise Holding Ltd. Andreas Beerli becomes Vice-Chairman. All the other members of the Board of Directors were re-elected for a term of one year and Andreas Burckhardt was confirmed as Chairman for a term of one year. The Annual General Meeting re-elected the following people to the Remuneration Committee: Georges-Antoine de Boccard, Karin Keller-Sutter and Thomas Pleines. It also elected Hans-Jörg Schmidt Trenz to the committee for the first time. Christophe Sarasin was re-elected as an independent proxy. Ernst & Young AG, Basel, was elected as the statutory auditor for a further year.

On the right strategic path – Baloise’s innovation pipeline is full

In the autumn of 2016, Baloise formulated three targets for its new Simply Safe strategy. By 2021, it aims to generate CHF 2 billion of cash for capital spending and for the shareholders of the holding company, to attract an additional one million customers, and to become one of the most attractive employers in its industry. The strategy is being implemented by means of a broad range of initiatives, projects and investments in start-ups, all of which are helping Baloise to tackle its challenges, including with regard to digital transformation. Andreas Burckhardt, Chairman of the Board of Directors of Bâloise Holding Ltd, explains the approach: “The strategy is helping us to set ourselves apart, as its implementation is focused on enhancing the corporate culture.”  Baloise is well on track to achieve its strategic objectives. The holding company has already received CHF 415 million, 118,000 new customers have been signed up, and Baloise is among the top 25 per cent of the most attractive employers in its sector in Europe. “Not least thanks to its traditionally strong corporate culture, Baloise has the strength to achieve its targets and thus successfully implement its plan,” continues Andreas Burckhardt.

The full speech in German by Andreas Burckhardt can be downloaded from www.baloise.com and can be watched as a video stream from 30 April 2018 at https://www.youtube.com/BaloiseGroup.

Contact

Portrait Roberto Brunazzi

Roberto Brunazzi

Head of Media Relations

Phone

+41 58 285 82 14

Email

media.relations@baloise.com
Portrait Marc Kaiser

Marc Kaiser

Head of Corporate Communications & Investor Relations

Phone

+41 58 285 81 81

Email

marc.kaiser@baloise.com

Die Baloise Group ist mehr als eine traditionelle Versicherung. Im Fokus ihrer Geschäftstätigkeit stehen die sich wandelnden Sicherheits- und Dienstleistungsbedürfnisse der Gesellschaft im digitalen Zeitalter. Die rund 7'300 Baloise Mitarbeitenden fokussieren sich deshalb auf die Wünsche ihrer Kunden. Ein optimaler Kundenservice sowie innovative Produkte und Dienstleistungen machen die Baloise zur ersten Wahl für alle Menschen, die sich einfach sicher fühlen wollen. Im Herzen von Europa mit Sitz in Basel, agiert die Baloise Group als Anbieterin von Präventions-, Vorsorge-, Assistance- und Versicherungslösungen. Ihre Kernmärkte sind die Schweiz, Deutschland, Belgien und Luxemburg. In der Schweiz fungiert sie mit der Baloise Bank SoBa zudem als fokussierte Finanzdienstleisterin, einer Kombination von Versicherung und Bank. Das Geschäft mit innovativen Vorsorgeprodukten für Privatkunden in ganz Europa betreibt die Baloise mit ihrem Kompetenzzentrum von Luxemburg aus. Die Aktie der Bâloise Holding AG ist im Hauptsegment an der SIX Swiss Exchange kotiert.

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