The Annual General Meeting of Schaffner Holding AG, which was held on January 12, 2017, approved to elect Philipp Buhofer and Urs Kaufmann as members of the Board of Directors until the end of the next Annual General Meeting. Philipp Buhofer replaces Herbert Bächler, who did not stand for re-election after eight years as a member of the Board of Directors. Furthermore, Urs Kaufmann was also elected Chairman of the Board of Directors and member of the Compensation Committee until the end of the next Annual General Meeting.