Alcon Shareholders Approve All Proposed Resolutions at the 2020 Annual General Meeting
May 06 2020 - 1:00PM
Business Wire
Regulatory News:
Alcon Inc. (SIX/NYSE: ALC), the global leader in eye care
dedicated to helping people see brilliantly, today announced
shareholder approval of all resolutions proposed at its 2020 Annual
General Meeting.
Given the global COVID-19 outbreak, Alcon previously directed
shareholders to send their voting instructions to the independent
representative, Hartmann Dreyer Attorneys-at-Law. Shareholders
showed a high level of interest and engagement in the resolutions
proposed, with a total of 346,070,177 Alcon Inc. shares,
corresponding to 70.76% of the shares entitled to vote,
represented.
Shareholders re-elected Mike Ball as Chairman of the Board of
Directors, and all members of the Board who stood for re-election,
namely Lynn Bleil, Arthur Cummings, David Endicott, Thomas
Glanzmann, D. Keith Grossman, Scott Maw, Karen May, Ines P�schel,
Dieter Spälti, for a term of one year. In addition, shareholders
re-elected Thomas Glanzmann, Keith Grossman, Karen May and Ines
P�schel to form the Compensation Committee for a term of one year.
The Board today designated Karen May as the Chairman of the
Compensation Committee with her re-election. Discharge was granted
to the members of the Board of Directors and the members of the
Executive Committee for the 2019 financial year.
In two separate binding votes, shareholders approved the maximum
aggregate amount of compensation of the Board of Directors for the
next term of office ending at the 2021 Annual General Meeting, and
the Executive Committee for 2021. Shareholders also accepted the
2019 Compensation Report.
Alcon shareholders approved the operating and financial review
of Alcon Inc., the annual financial statements of Alcon Inc. and
the consolidated financial statements for 2019. Shareholders also
approved that, after an allocation of CHF 9,784,000 to the general
reserve, the remaining amount of available earnings be carried
forward.
PricewaterhouseCoopers SA, Geneva, was re-elected as statutory
auditors for the 2020 financial year. Hartmann Dreyer
Attorneys-at-Law was re-elected as the independent representative
for a term of one year extending until the 2021 Annual General
Meeting.
Alcon will announce its first quarter 2020 earnings on May 12
after the close of the US markets, with an investor call scheduled
for May 13.
About Alcon
Alcon helps people see brilliantly. As the global leader in eye
care with a heritage spanning more than seven decades, we offer the
broadest portfolio of products to enhance sight and improve
people’s lives. Our Surgical and Vision Care products touch the
lives of more than 260 million people in over 140 countries each
year living with conditions like cataracts, glaucoma, retinal
diseases and refractive errors. Our more than 20,000 associates are
enhancing the quality of life through innovative products,
partnerships with eye care professionals and programs that advance
access to quality eye care. Learn more at www.alcon.com.
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Investor Relations Christina
Cheng + 41 589 112 110 (Geneva) + 1 817 615 2789 (Fort Worth)
investor.relations@alcon.com Media
Relations Wes Warnock + 41 589 112 111 (Geneva) + 1 817
615 2501 (Fort Worth) globalmedia.relations@alcon.com
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