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Media release
Shares & bonds
Group News

Shareholders’ Meeting a success at Helvetia Holding AG

At the 18th Ordinary Shareholders’ Meeting of Helvetia Holding AG, the shareholders were informed of a very solid year-end result for 2013. The Shareholders’ Meeting was conducted in line with the requirements of the new Ordinance Against Excessive Pay in Stock Exchange Listed Companies (VegüV) for the first time.
The Helvetia Group once again presented a solid year-end result to the 1630 shareholders who were present with voting rights (representing 68.28 per cent of the share capital). The Group increased its profit by 9.2 per cent to CHF 363.8 million in 2013. The business volume of CHF 7,476.8 million increased by 6.3 per cent. Both segments – life and non-life – rose strongly. Besides the robust Swiss home market, profit growth in the foreign markets was also impressive. The Shareholders’ Meeting acknowledged these results and approved the Director’s Report, the Financial Statements and the Consolidated Financial Statements 2013.

As a result of the strong balance sheet and favourable business development, the Shareholders’ Meeting adopted a 2.9 per cent higher dividend of CHF 17.50 per share. The Group is maintaining its attractive dividend policy with a payout ratio of 44.3 per cent.

The Shareholders’ Meeting approved the amendments to the Articles of Incorporation for compliance with the Ordinance Against Excessive Pay in Stock Exchange Listed Companies (VegüV). All current members of the Board of Directors were re-elected for a further one-year period in office. The auditors, KPMG AG, Zurich, were also re-elected for the same period. For the first time, the shareholders elected the President and the members of the Remuneration Committee for one year respectively and voted on the fixed and variable remuneration of the Board of Directors and the Executive Management. All the proposals were approved. Helvetia has thus already complied with the new requirements under the Minder Initiative one year before the end of the implementation period.

This media release is also available on the home page www.helvetia.com/media. An infokit on the Shareholders’ Meeting is available at www.helvetia.com/gvinfokit.

Contact information
Helvetia Group
Susanne Tengler
Director Investor Relations
Dufourstrasse 40
CH-9001 St.Gallen

Phone: +41 58 280 57 79
Fax: +41 58 280 55 89
Helvetia Group
Martin Nellen
Head Corporate Communications
and Brand Management
Dufourstrasse 40
CH-9001 St.Gallen

Phone: +41 58 280 56 88
Fax: +41 58 280 55 89