Shareholders of Galenica AG unanimously approve at the 7th Ordinary General Meeting

On April 10, 2024, at its seventh ordinary general meeting held in the Kur-saal in Bern, Galenica AG saw all proposals of its Board of Directors approved by its shareholders. Among these proposals was a dividend of CHF 2.20 per share. In addition, all members of the Board of Directors were re-elected for a further period of one year.

On this occasion, 418 shareholders were present, representing 73.3% of the voting shares of Galenica SA. In terms of governance, Dr. Markus R. Neuhaus retains the chairmanship of the Board of Directors, while the Remuneration Committee also sees the re-election of its members for an annual term.

The meeting also validated the 2023 annual accounts, as well as other reports, and granted discharge to the Board of Directors and Management for the 2023 financial year. Notably, the report on non-financial issues was approved for the first time at 88.7%.

The approved dividend is identical to that of the previous year, with CHF 1.10 per share coming from the capital contribution reserve and the other half from retained profits, signaling Galenica's desire to maintain a robust and sustainable dividend. From April 16, 2024, this dividend will be paid to shareholders.