At the 98th Ordinary General Meeting of Forbo Holding Ltd in Zug, shareholders representing 71.73% of issued share capital approved all proposals from the Board of Directors with clear majorities. The meeting saw 158 shareholders participate, representing 1,065,130 registered shares, and resulted in comprehensive approvals across financial, governance, and remuneration matters. This demonstrates strong shareholder confidence in the company's leadership and strategic direction following the 2025 business year.
Shareholders approved the Annual Report, annual statements, consolidated financial statements, and Sustainability Report for 2025 while granting discharge to responsible governing bodies. The proposed distribution of earnings as a dividend of CHF 25 per share received approval, with payment scheduled from April 13, 2026. The 2025 Remuneration Report passed in a consultative vote, and shareholders approved maximum total remuneration for the Board of Directors for 2027, maximum fixed remuneration for the Executive Board for 2027, short-term variable remuneration for the Executive Board for 2025, and maximum long-term equity participation for the Executive Board for 2026.
All current Board of Directors members were re-elected for another one-year term, including Chairman Bernhard Merki along with Michael Pieper, Claudia Coninx-Kaczynski, Jorg Kampmeyer, Dr. Eveline Saupper, and Vincent Studer. Dr. Ilias Laber was elected as an independent member of the Board of Directors by an overwhelming majority, bringing new perspective to the governing body. Current remuneration committee members Claudia Coninx-Kaczynski, Bernhard Merki, and Michael Pieper were re-elected for a further year, maintaining continuity in compensation oversight.
The shareholders extended the mandate of KPMG Ltd as auditors for another year and re-elected Rene Peyer as independent proxy. These decisions ensure consistent financial oversight and shareholder representation. More information about these developments is available at forbo.com/en/investors. The comprehensive approvals across all agenda items indicate robust shareholder support for Forbo's management and strategic direction as the company continues its operations in floor coverings, building adhesives, and conveyor technology.
