At their 25th General Meeting in Lucerne on 10 March 2010, the shareholders of ALSO Holding AG approved the Annual Report (including the Compensation Report), the Financial Statements and the Consolidated Financial Statements for 2009, and discharged the Board of Directors and the Group Management from liability. Further proposals from the Board of Directors regarding the replacement of Article 4 of the Statutes and the choice of ERNST & YOUNG as auditors for financial year 2010 were likewise approved.
ALSO Holding AG closed financial year 2009 with a net income of CHF 5.8 million. Together with the balance brought forward, retained earnings amounted to CHF 18.0 million. The shareholders approved the proposal by the Board of Directors on the appropriation of earnings. As a result, a dividend of CHF 0.70 gross (a dividend was waived in 2008) will be paid out by 17 March 2010. The remaining CHF 13.8 million were brought forward to the new accounts.