Financial report Vetropack Holding Ltd

Board of Directors’ (BoD) proposal for the corporate profit appropriation

Translated information

The board of Directors proposes the following appropriation of profits to the Annual General Assembly of shareholders (AGA):

CHF millions

2023

2022

At disposal of the AGA

 

 

Retained earnings brought forward from previous year

18.9

17.2

Annual profit

44.9

31.5

Accumulated profits

63.8

48.7

Total at the disposal of the AGA

63.8

48.7

Board of directors' proposal

 

 

Accumulated profits

63.8

48.7

Allocation to the voluntary reserve

– 20.0

– 10.0

Dividend payment

– 19.8

– 19.8

Retained earnings brought forward

24.0

18.9

Acceptance of this proposal results in the following dividend payments:

CHF

Gross dividend

35% withholding tax

Net dividend

 

 

 

 

Registered share A CHF 1.00 nominal value

1.00

0.35

0.65

Registered share B CHF 0.20 nominal value

0.20

0.07

0.13

The dividend payment to the shareholders will be made on 2 May 2024 to the paying agent known to us.