Cembra Announces Annual General Meeting 2024 Plans and Releases Annual Report 2023

Cembra Money Bank AG revealed today the agenda for its upcoming Annual General Meeting (AGM) scheduled for 24 April 2024 at the Zurich Convention Center, alongside the publication of its Annual Report for 2023. The meeting's agenda includes the introduction of Sandra Hauser as a new Board member candidate, with current members Jörg Behrens and Alex Finn not seeking re-election. The bank also announced that other board members would stand for re-election.

For the first time, the AGM will include a vote on non-financial subjects and propose changes to the bank's articles of incorporation. Additionally, a motion will be put forward for the re-election of KPMG as the external auditor for 2024, with plans to nominate PwC as the new auditor for the 2025 fiscal year, pending shareholder approval at next year's AGM.

Franco Morra, the Chairman, expressed his gratitude towards the departing board members for their contributions and welcomed Sandra Hauser's nomination, highlighting her expertise in IT and technology within the financial sector. Morra also commended KPMG for two decades of valuable service.

The bank also made its Annual Report for 2023 available, which includes the Sustainability Report and the Business Review, accessible on their website.