Leonteq AG Announces Approval of All Proposals at Annual General Meeting 2024

At its Annual General Meeting held in Zurich on 28 March 2024, Leonteq AG (SIX: LEON) saw its shareholders unanimously approve all board proposals. The session was attended by 139 shareholders and proxies, representing about 58% of the company's issued shares. The meeting led to the re-election of all seven board members for another year. Christopher M. Chambers was also retained as the Chairman of the Board of Directors.

Further resolutions included the approval of a CHF 1.00 per share distribution from the 2023 financial year profits, reflecting an 87% payout ratio. The approved share capital reduction will result in a new total of CHF 18,494,242, divided equally among registered shares. A capital band was also introduced following shareholder approval.

Additional approved items included the Management Report, Financial Statements, and the 2023 Sustainability Report—the latter in an advisory vote. The AGM granted discharge to board members and the Executive Committee, approved their compensation, and confirmed the re-election of statutory auditors and the independent proxy.

For detailed voting results and additional AGM information, Leonteq directs interested parties to its website. Important forthcoming dates for shareholders include the ex-dividend date on 03 April 2024, with the distribution payment to be made on 05 April 2024.