Press Release: Annual General Meeting approves all proposals of the Board of Directors

Press release

Niederweningen, 17 April 2019

Annual general meeting approves all proposals of the Board of Directors

At today's annual general meeting of Bucher Industries AG, the shareholders agreed to all the proposals put forward by the board of directors. The dividend is CHF 8.00 per registered share. 213 shareholders with voting rights were present and a total of 72.84% of the votes were represented.

In his report to the annual general meeting, Jacques Sanche, CEO of Bucher Industries AG, said that the 2018 financial year had been successful, with all divisions recording double-digit sales growth rates. For 2019, the Group is expecting that sales, operating profit and profit for the year will be in line with the good 2018 financial year.

The shareholders then proceeded to approve all the proposals of the board of directors. They confirmed all the members of the board of directors and of the compensation committee who were standing for election. They also re-elected Philip Mosimann as chairman of the board of directors.

The annual general meeting approved by a large majority the compensation of the members of the board of directors and of group management.

The dividend of CHF 8.00 per registered share will be paid out to the shareholders on 25 April 2019. The share will trade ex-dividend from 23 April 2019 onwards.

The next ordinary annual general meeting of Bucher Industries AG will be held on 24 April 2020, starting at 3.30 p.m., at the Mövenpick Hotel in Regensdorf, Switzerland.

The following documents relating to the 2019 annual general meeting are available on the Bucher Industries website at www.bucherindustries.com/en/investors/annual-general-meeting:

• Invitation to the annual general meeting
• The minutes of the annual general meeting will be published in due course

Media enquiries

Jacques Sanche, CEO

Phone [phone]

[e-mail]

Contact for investors and financial analysts

Manuela Suter, CFO

Phone [phone]

[e-mail]

Simply great machines

Bucher Industries is a global technology group with leading market positions in speciality areas of mechanical and vehicle engineering. The company's operations include specialised agricultural machinery, municipal vehicles, hydraulic components, manufacturing equipment for the glass container industry and for wine and fruit juice production, as well as control systems for automation technology. The company's shares are traded on the SIX Swiss Exchange (SIX: BUCN). For further information, please visit www.bucherindustries.com.

Press release: Annual general meeting 2019

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