The Board of Directors comments on zCapital’s proposals
Retrieved on:
Wednesday, April 10, 2024
Baloise’s Board of Directors encourages shareholders to vote and recommends zCapital’s proposals be rejected.
Key Points:
- Baloise’s Board of Directors encourages shareholders to vote and recommends zCapital’s proposals be rejected.
- The Board offers the prospect to amend the corresponding provisions of the articles of association at the 2025 General Meeting.
- On the 21st of February 2024, asset manager zCapital has submitted proposals to the Board of Directors, according to which the registration and voting rights restriction in the articles of associations is to be lifted.
- In preparation for this statement, the Board of Directors has initiated the discussion with shareholders and other stakeholders.