Business
NOVAVEST Real Estate : Annual General Meeting of Shareholders 2025 approves all proposals by the Board of Directors
NOVAVEST Real Estate : Annual General Meeting of Shareholders 2025 approves all proposals by the Board of
About this update from Novavest Real Estate Ag
[{"type":"text","content":"\n \n Press Release, 24 March 2025\n \n \n NOVAVEST Real Estate AG - Annual General Meeting of Shareholders 2025 approves all proposals by the Board of Directors\n \n \n At today's Annual General Meeting of NOVAVEST Real Estate AG (SIX Swiss Exchange: NREN), held in Zurich, all proposals by the Board of Directors were approved by a large majority. In total 41.2% of all voting rights were represented at the shareholders' meeting. Shareholders attending in person and third parties represented 496,412 of voting rights. 3,693,313 voting rights were represented by the independent proxy.\n \n \n The Annual General Meeting 2025 approved the proposals by the Board of Directors as follows:\n \n The management report, the annual financial statements according to Swiss GAAP FER and the annual financial statements according to the Swiss Code of Obligations for the financial year 2024 were approved.\n The Compensation Report 2024 was approved in a consultative vote.\n The statutory balance sheet result of CHF 15,371,817 was carried forward.\n The Board of Directors and the Management team were discharged from liability for their activities in the 2024 financial year.\n The previously acting members of the Board of Directors Thomas Sojak, Stefan Hiestand, Daniel Ménard, Floriana Scarlato and Claudia Suter were re-elected as members of the Board of Directors in individual elections for a term of office of one year.\n Thomas Sojak was re-elected as Chairman of the Board of Directors for a term of office until the end of the next Annual General Meeting.\n Daniel Ménard and Claudia Suter were re-elected individually as members of the Compensation Committee for a term of office until the end of the next Annual General Meeting.\n The law firm jermann künzli rechtsanwälte, Zurich, was re-elected as independent proxy for a term of office until the end of the next Annual General Meeting.\n PricewaterhouseCoopers AG, St. Gallen, was re-elected as auditors of the company for a term of office until the end\n \n of the next Annual General Meeting.\n \n \n 6.\n \n The General Meeting approved in a binding vote the total compensation of the members of the Board of Directors for the financial year 2026 of a maximum of CHF 350,000.\n The General Meeting approved in a binding vote the total compensation of the members of the Executive Board for the financial y...