Annual General Meeting of Bâloise Holding Ltd: election of members of the Board of Directors and approval of dividend increase

Basel, April 26, 2019. 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 again approving an attractive CHF 0.40 increase in the dividend to CHF 6.00 per share. Christoph Mäder and Dr Markus R. Neuhaus were elected as new members of the Board of Directors.

Further dividend increase approved

The Baloise Annual General Meeting approved the Company’s 2018 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 6.00 per share, thanks to the good results achieved in the 2018 financial year. This increase confirms Baloise’s status as an attractive long-term investment for its shareholders.

Christoph Mäder and Dr Markus R. Neuhaus elected as new members of the Board of Directors

Two new members were elected to the Board of Directors: Christoph Mäder and Dr Markus R. Neuhaus. Christoph Mäder is a lawyer and, until 2018, was a member of the Executive Team at Syngenta International AG.
Dr iur. Markus R. Neuhaus, a qualified tax expert, has been Chairman of the Board of Directors of PricewaterhouseCoopers AG since July 2012. His term of office ends in June 2019. He previously served as CEO at PricewaterhouseCoopers AG for nine years.

Dr Georges-Antoine de Boccard did not stand for re-election. He had been on the Board of Directors since 2011 and, most recently, was a member of the Remuneration Committee and Investment Committee. Karin Keller-Sutter stepped down from the Board of Directors with effect from 31 December 2018 following her election to the Swiss Federal Council. Dr Andreas Burckhardt, Chairman of the Board of Directors of Bâloise Holding Ltd, expressed his gratitude to the two former members: “With their expertise and prudent approach, Karin Keller-Sutter and Georges-Antoine de Boccard made a huge contribution to the Baloise Board of Directors. I would like to thank them for their hard work and dedication and, on behalf of the entire Board of Directors, I wish them all the best for the future.”

All the other members of the Board of Directors were re-elected for a term of one year and Dr Andreas Burckhardt was confirmed as Chairman for a term of one year.

Corporate culture as the key to innovation and transformation

In his speech, Chairman of the Board of Directors Dr Andreas Burckhardt highlighted the vigour with which Baloise is driving the transformation of its corporate culture, a process that began two years ago with the new Simply Safe strategy. At the same time, the Company needs to achieve a balance between the core business that underpins its current success and the initiatives that are designed to secure the future. “Baloise is both evolving and adapting to the new challenges. By focusing on partnerships, we are doing this quickly enough to be able to develop new lines of business,” said Andreas Burckhardt. During the current phase of strategic development, Baloise is also relying on its corporate culture and values. “This makes me optimistic that we will successfully navigate the digital transformation. It is important to seize the opportunities of digitalisation and develop new lines of business, but without discarding our traditional values,” added Dr Andreas Burckhardt.

The full speech in German by Dr Andreas Burckhardt can be downloaded from www.baloise.com and can be watched as a video stream from 29 April 2019 at www.youtube.com/BaloiseGroup.

Important dates

  • Thursday, 2 May 2019: Ex-dividend date
  • Monday, 6 May 2019: Dividend payment date
  • Wednesday, 28 August 2019: 2019 half-year financial results
  • Wednesday, 13 November 2019: Q3 2019 interim statement

Contact

Portrait Roberto Brunazzi

Roberto Brunazzi

Head of Media Relations

Phone

+41 58 285 82 14

Email

media.relations@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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