50th Annual General Meeting of BELIMO Holding AG Approves All Motions

The shareholders approved all motions presented by the Board of Directors, including the decision to increase the dividend by CHF 1.00 per share to CHF 9.50 per share, to be distributed on March 28, 2025. The 2024 Report on Non-Financial Matters and the 2024 Remuneration Report were approved by consultative votes. The shareholders discharged the members of the Board of Directors for the 2024 financial year.

The shareholders approved the proposed maximum remuneration of the Board of Directors from the 2025 Annual General Meeting to the 2026 Annual General Meeting. In addition, the proposed maximum remuneration of the Executive Committee for the 2026 financial year was also approved.

 All sitting members of the Board of Directors were re-elected to one-year terms of office. After 15 years of service, Dr. Martin Zwyssig, member of the Board of Directors and Chair of the Audit Committee, will not stand for re-election at the 2026 Annual General Meeting. As part of the succession planning Tom Hallam was elected to the Board of Directors at the 2025 Annual General Meeting. Patrick Burkhalter was confirmed as the Chairman of the Board of Directors and Dr. Martin Zwyssig as the Deputy Chairman. The shareholders elected Sandra Emme (Lead), Urban Linsi, Ines Pöschel, as members of the Remuneration and Nomination Committee, to additional one-year terms of office.

Proxy Voting Services GmbH, Zurich, was confirmed as the Independent Voting Rights Representative and Ernst & Young AG, Zurich, was re-elected to the office of External Auditor for a one-year term.

The Belimo Group is the global market leader in the development, production, and sales of field devices for the energy-efficient control of heating, ventilation and air-conditioning systems. The focus of our core business is on damper actuators, control valves, sensors and meters. In 2024, the Company reported sales of CHF 944 million and over 2,400 employees. Information about the Company and its products is available at www.belimo.com. The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN).