Galenica Annual General Meeting Embraces All Motions

The Annual General Meeting of Galenica Ltd. witnessed robust participation, with 367 shareholders, representing 70.5% of voting shares, endorsing all proposals from the Board of Directors. Noteworthy approvals included the 2024 financial documents, management reports, and consolidated financial statements.

Nadine Balkanyi-Nordmann was elected to the Board following Dr. Andreas Walde's passing, backed by 99.4% of votes, restoring the Board to seven members. All existing members, including Chairman Markus Neuhaus, were re-elected for another term.

A 4.5% increase in dividends to CHF 2.30 per share was also sanctioned. This marks the fifth dividend raise in eight years. The distribution totals CHF 114.6 million, reflecting Galenica's aim for sustainable growth.

The meeting acknowledged the Board's and Executive Committee's 2024 efforts, approving future remuneration frameworks with 96.9% voter support. Voting results and minutes will soon be available on Galenica's website.