EFG International: Results of today’s Annual General Meeting Freitag, 21. März 2025 - 18:07

At today’s Annual General Meeting (AGM) of EFG International, shareholders approved all the motions proposed by the Board of Directors, including the payment of a dividend of CHF 0.60 per share.

EFG International’s shareholders approved the payment of a dividend by way of a distribution out of reserves from capital contributions of CHF 0.60 per share (exempt from Swiss withholding tax). As previously announced, this represents an increase of 9% compared to the dividend for the 2023 financial year. The ex-dividend date is 25 March 2025, and the payment of the cash distribution is scheduled for 27 March 2025.

Alexander Classen was re-elected as Chair of the Board of Directors for a further one-year term of office. As previously announced, Prasanna Gopalakrishnan, Périclès P. Petalas, Stuart M. Robertson and Yok Tak Amy Yip decided not to stand for re-election. At today’s AGM, Yvonne Bettkober and Wanda Eriksen were elected as new members of the Board of Directors for a one-year term of office, effective immediately. In addition, Luisa Delgado was elected as a new member of the Board of Directors for a term of office commencing on 01 September 2025 and ending at the conclusion of the AGM 2026. Konstantinos (Kostas) Tsiveriotis was elected as a new member of the Board of Directors, subject to regulatory approval; his election will take effect on the date on which formal approval is granted, and his term of office will run until the conclusion of the AGM 2026. All other members of the Board of Directors – Emmanuel L. Bussetil, Boris F.J. Collardi, Roberto Isolani, John S. Latsis, Maria Leistner, Philip J. Lofts and Carlo M. Lombardini – were re-elected for a further one-year term of office ending at the conclusion of the next AGM.

Further motions proposed by the Board of Directors and approved by shareholders at today’s AGM include:

• The approval of the management report, financial statements and consolidated financial statements for 2024.
• The approval of the Sustainability Report 2024.
• The granting of discharge to the members of the Board of Directors and the Executive Committee for the 2024 financial year.
• The approval of the compensation of the Board of Directors and the Executive Committee.
• The re-election of all existing members of the Remuneration and Nomination Committee for a further one-year term of office ending at the conclusion of the AGM 2026.

Alexander Classen, Chair of the Board of Directors of EFG International: "2024 was another year of strong progress and performance for EFG. We achieved this thanks to the hard work and dedication of our colleagues around the globe and the effective collaboration between the Board and the management team.”

Commenting on the changes to the Board of Directors, he added: “On behalf of the entire Board, I wish to take this opportunity to thank Prasanna Gopalakrishnan, Périclès P. Petalas, Stuart M. Robertson and Yok Tak Amy Yip for their outstanding commitment, unwavering support and enormous contribution to EFG’s success. I want to give a special mention to Périclès Petalas, who has been with EFG from the very beginning and has played a decisive role in its successful development over almost three decades. In particular, he has been instrumental in shaping EFG’s strong culture of entrepreneurship and innovation and in transforming EFG into one of the leading Swiss private banking groups. I also wish to express our gratitude to Stuart M. Robertson, who has served as a Board member and Chair of the Audit Committee for seven years, helping EFG to secure a leading and distinctive position in the private banking landscape. At the same time, I am very pleased to welcome Yvonne Bettkober, Wanda Eriksen, Kostas Tsiveriotis and Luisa Delgado as new members of EFG’s Board of Directors. With their vast experience and expertise across key areas of our industry, I am convinced that they will make a crucial contribution to driving EFG’s sustainable and profitable growth. Together with my colleagues on the Board of Directors, I very much look forward to working with them in the future.”