Feintool International Holding AG / Feintool Annual General Meeting 2012: Shareholders approve all proposals - new members appointed to Board of Directors . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

At the Annual General Meeting of Feintool International Holding AG held on January 24, 2012, the shareholders approved all the Board of Directors' proposals. Thomas A. Erb has been appointed as a new member of the Board and will thus succeed Franz Stampfli. At its meeting, the Board of Directors re-elected current Chairman Alexander von Witzleben for an additional term.

At the Annual General Meeting of Feintool International Holding AG on January 24, 2012, the company's shareholders approved both the 2010/11 financial statements and the proposal of the Board of Directors to pay a dividend of CHF 4.00 per registered share. The proposal to create authorized capital equivalent to up to 50% of the existing share capital, as well as further changes to the articles of incorporation relating to corporate governance and the protection of person-specific voting rights, was also approved. 

Thomas A. Erb was appointed as a new member of Feintool's Board of Directors. As Chairman of the Board of Directors of Franke Artemis Holding AG, he succeeds Franz Stampfli, who was no longer standing for re-election. The shareholders also approved the re-election of serving Board members Kurt E. Stirnemann and Wolfgang Feil. KPMG AG, Zurich, was elected as auditor.

Board members confirmed in their positions
Afterwards, the composition of the five-strong Feintool International Holding AG Board of Directors was confirmed. In addition to the existing Chairman, Alexander von Witzleben, Deputy Chairman Dr Michael Soormann was also reappointed. The Audit Committee is made up of Dr Kurt E. Stirnemann (Chair), Alexander von Witzleben, Wolfgang Feil and Dr Michael Soormann. The Nomination and Compensation Committee includes Dr Michael Soormann (Chair), Alexander von Witzleben and Wolfgang Feil. Thomas A. Erb is a further member of the Board. 

Secretary to the Board of Directors
Dr Matthias Hartz, hitherto Secretary to the Board of Directors, is leaving Feintool at the end of January 2012. The Board is assuming this function itself.

For more information, please contact Karin Labhart, Media Spokesperson, at any time by calling +41 (0)32 387 51 63 or e-mailing karin.labhart@feintool.com:
mailto:karin.labhart@feintool.com.

The press release can be downloaded from the following link:

Press Release (PDF):
http://hugin.info/100443/R/1579747/493145.pdf


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Source: Feintool International Holding AG via Thomson Reuters ONE
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