Dormakaba Receives Swiss Takeover Board Approval for Opting-Out Proposal

Rümlang, 3 September 2026 – Dormakaba Holding AG has announced that the Swiss Takeover Board has approved its opting-out proposal, which is part of the company's efforts to simplify its ownership structure. This decision, dated 31 August 2026, allows the proposed opting-out clause to proceed to shareholder approval. The clause is contingent upon meeting transparency obligations and obtaining the approval of the shareholders, including the "majority of the minority.

The Board confirmed that the documents related to the General Meeting, including brochures, meet transparency requirements if the information is orally summarized during the meeting. The ruling also clarifies that the Mankel and Kaba family shareholders will not be required to make a formal offer to acquire dormakaba shares under Article 135 FMIA. Additionally, the decision states that these shareholders are not acting in concert.

Dormakaba is required to publish the board's stance and the decision details, allowing qualified shareholders to object if necessary. An objection must be filed within five trading days of the decision's publication, supported by relevant legal grounds and proof of holding.