BCV’s Annual Shareholders’ Meeting was held today at the Palais de Beaulieu in Lausanne, Switzerland. The meeting was attended by 528 shareholders, representing 78.7% of the Group’s capital. All items on the agenda were approved, including a CHF 0.10 increase in the ordinary dividend to CHF 3.70 per share. BCV will thus return a total of CHF 318m to its shareholders (ex-dividend date: 9 May 2022; payment date: 11 May 2022), including CHF 213m to the Canton of Vaud, which holds 67% of its share capital.

Shareholders approved the 2021 consolidated financial statements, which show a CHF 379m net profit. They ratified the actions of the Board of Directors and the Executive Board, and the compensation of the members of the Board of Directors and the Executive Board was accepted by more than 95% of the votes cast. Shareholders also approved the amendment of BCV’s Articles of Incorporation following the dissolution of the Caisse d’Épargne Cantonale Vaudoise and reappointed Ingrid Deltenre as a member of BCV’s Board of Directors for a further four-year term.

Lausanne, Switzerland, 5 May 2022

Banque Cantonale Vaudoise, contacts:

Daniel Herrera, Communications Director
Tel.: +41 21 212 28 61
Email: daniel.herrera@bcv.ch

Grégory Duong, Investor Relations
Tel.: +41 21 212 20 71
Email: gregory.duong@bcv.ch

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