Corporate Governance

The following explanations contain fundamental information for the Vetropack Group as laid out in the Corporate Governance Guidelines defined by the SIX Swiss Exchange as per 20 March 2018.

Operational Group Structure

Refer to the illustration here.

Group Companies

For Shareholdings and their Percentage Breakdowns, refer to the illustration here.

Capital Structure

For details of the share capital, refer to here. For details of changes in capital structure within the last three years, refer to “Changes in Consolidated Shareholders’ Equity”. Vetropack Holding Ltd does not issue options on participation rights.

Dividends

Registered and bearer shares are dividend bearing.

List of Major Shareholders
with Holdings > 3%

A shareholder agreement exists between the shareholders of Cornaz AG-Holding. A further shareholders’ agreement exists between Cornaz AG-Holding and the shareholders mentioned above, as well as 3 further shareholders (cp. the disclosure report dated 06 December 2019 published on the SIX Swiss Exchange website: https://www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html).

The core elements of both agreements are:

• Uniform exercise of voting rights at the AGA.
• Mutual obligation to offer shares to parties to the agreement.

During the year under review, no disclosure reports were issued to the company within the meaning of Art. 120 of the Swiss Stock Exchange Act.