Andreas Umbach elected as new Chairman of the Board of Ascom

April 19, 2017

The Annual General Meeting of Ascom Holding AG voted in favor of all proposals of the Board of Directors by a clear majority.

18'706'371 votes or about 52% of the share capital were represented at the Annual General Meeting of Ascom Holding AG, which was held on 19 April 2017 in Cham.

The shareholders elected Andreas Umbach as new Chairman of the Board of Directors. He succeeds Juhani Anttila, who has retired as Chairman of the Board of Directors after 15 years of service.

Beside the new Chairman, the three current members Dr Valentin Chapero Rueda, Dr Harald Deutsch and Christina Stercken as well as the newly proposed Jürg Fedier were elected as members of the Board.

The Annual General Meeting approved the proposal of the Board of Directors to pay out a dividend of CHF 0.80 per share for the fiscal year 2016.

The General Meeting approved also the amounts for future compensation for the Board of Directors and the Executive Board.

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