All resolutions approved at BCV’s annual meeting

BCV's Annual Shareholders' Meeting was held today at the Palais de Beaulieu in Lausanne, Switzerland. The meeting was attended by 813 shareholders, representing 76.49 % of the Group's capital. All items on the agenda were adopted.

Shareholders approved the 2009 consolidated financial statements, which show a CHF 301m net profit, and accepted the “discharge” motion approving the actions of the Board of Directors for the 2009 financial year. The Board's proposal to distribute an ordinary dividend of CHF 21 per share was accepted, as was its proposal for a CHF 10 par-value reimbursement as part of BCV's equity-optimization strategy. BCV will thus return CHF 267m to its shareholders.

The Board’s motion to renew the terms of two shareholder appointees on the Board, Beth Krasna and Vice Chairman Jean-Luc Strohm, was also approved.

Lausanne, Switzerland, 29 April 2010

Contact(s)

Christian Jacot-Descombes, Press Officer
Phone +41 79 816 99 30
E-mail

This press release is being issued outside the trading hours of the SIX, Swiss Exchange in order to comply with the principles of ad hoc disclosure pursuant to the SIX listing rules.

The above text is a translation of the original French document; only the French version is authoritative.