At the 98th Ordinary General Meeting of Forbo Holding Ltd in Zug, shareholders representing 71.73% of the issued share capital approved all proposals from the Board of Directors by clear majorities. The meeting, attended by 158 shareholders representing 1,065,130 registered shares, resulted in the approval of the Annual Report, annual statements, consolidated financial statements, and the Sustainability Report for the 2025 business year, while also granting discharge to the responsible governing bodies.
Shareholders voted in favor of the proposed distribution of earnings, confirming a dividend of CHF 25 per share to be paid from April 13, 2026. This decision reflects the company's financial health and commitment to returning value to investors. The 2025 Remuneration Report was approved in a consultative vote, and shareholders approved by large majorities the maximum total remuneration of the Board of Directors for 2027, the maximum fixed remuneration of the Executive Board for 2027, the short-term variable remuneration of the Executive Board for 2025, and the maximum long-term equity participation of the Executive Board for 2026.
All current members of the Board of Directors were re-elected for another one-year term, including Chairman Bernhard Merki, Michael Pieper, Claudia Coninx-Kaczynski, Jorg Kampmeyer, Dr. Eveline Saupper, and Vincent Studer. Dr. Ilias Laber was elected as an independent member of the Board of Directors for one term by an overwhelming majority, bringing fresh perspective to the board. The current members of the remuneration committee were re-elected for a further year, and shareholders extended the mandate of KPMG Ltd as auditors for another year, with Rene Peyer re-elected as the independent proxy.
This shareholder approval is important as it demonstrates strong corporate governance and investor confidence in Forbo's leadership and strategic direction. The clear majority support for all proposals indicates alignment between management and shareholders on key financial and operational matters. The election of Dr. Ilias Laber adds independent oversight, which can enhance board diversity and decision-making. The confirmed dividend of CHF 25 per share directly impacts shareholders by providing a tangible return on investment, reinforcing Forbo's stability in the market.
For more detailed information, shareholders and interested parties can visit forbo.com/en/investors. The outcomes of this meeting set the tone for Forbo's governance and financial policies moving forward, with implications for investor relations and corporate transparency in the global flooring and adhesives industry.
