Cembra shareholders approve all proposals of the Board of Directors
April 21, 2023 at 11:26 am EDT
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Cembra Money Bank AG
/ Key word(s): AGMEGM
Cembra shareholders approve all proposals of the Board of Directors
21.04.2023 / 17:23 CET/CEST
Zurich – The Annual General Meeting 2023 of Cembra was held in Zurich today. 345 shareholders (including the shares represented by the independent proxy) attended the meeting, representing 16’156’836 registered shares and 53.86% of the issued share capital, respectively.
Franco Morra was elected as Chairman of the Board of Directors. He succeeds Felix Weber, who after ten years in office, decided not to stand for re-election. All other members of the Board of Directors were re-elected for a further one-year term of office: Jörg Behrens, Marc Berg, Thomas Buess, Alex Finn, Susanne Klöss-Braekler and Monica Mächler.
The shareholders approved an increased dividend of CHF 3.95 per share. The dividend will be paid from retained earnings on 27 April 2023 (ex-date 25 April 2023).
The Annual General Meeting also voted in favour of all other agenda items, including the Annual Report 2022, the consultative vote on the Compensation Report 2022, and the amendments to the Articles of Incorporation.
Marcus Händel, Head Investor Relations and Sustainability
+41 44 439 85 72, investor.relations@cembra.ch
Key dates
25 April 2023:
27 April 2023:
20 July 2023:
Ex-dividend date
Dividend payment date
Publication of 2023 half-year results and publication of the interim report
About Cembra
Cembra is a leading Swiss provider of financing solutions and services. Our product range includes consumer credit products such as personal loans and auto leases and loans, credit cards, the insurance sold in this context, invoice financing, and deposits and savings products.
We have over 1 million customers in Switzerland and employ about 1,000 people from 42 different countries. We have our headquarters in Zurich and operate across Switzerland through our network of branches and our online distribution channels, as well as through our credit card partners, independent intermediaries and car dealers.
We have been listed as an independent Swiss bank on the SIX Swiss Exchange since October 2013. Cembra is rated A– by Standard & Poor’s and is a constituent of the MSCI ESG Leaders Indexes as well as in the 2023 Bloomberg Gender Equality Index.
Cembra Money Bank AG, formerly known as GE Money Bank AG, is a Switzerland-based consumer finance bank. It operates through a domestic distribution and sourcing network that includes approximately 25 branches, as well as 200 agents, 3000 auto dealers, credit card partner agreements and online channels. Its offering is diversified into loans, credit cards, leasing, insurance and savings. The loans business focuses on the provision of personal loans. The credit card business engages credit card provision. The leasing business provides leasing services, including automobile, motorcycle and caravan leasing, among others. The insurance business provides insurance solutions, including payment insurance and credit card insurance. The savings business provides saving solutions, including deposit accounts and investment instruments.