Shareholders of UBS Group AG approved all proposals made by the Board of Directors at today’s Annual General Meeting (AGM). The independent proxy represented 1 974 651 962 votes.
The shareholders approved the management report and the consolidated and standalone financial statements of UBS Group AG for the 2024 financial year by 99.28%.
Shareholders ratified the Compensation Report 2024 in an advisory vote by 86.70%.
Shareholders approved the appropriation of total profit and an ordinary dividend distribution of USD 0.90 (gross) in cash per share (99.77%).
The AGM confirmed Colm Kelleher, as Chairman of the Board of Directors (90.02%), Lukas Gähwiler (89.52%), Jeremy Anderson (99.09%), William C. Dudley (99.33%), Patrick Firmenich (99.30%), Fred Hu (99.14%), Mark Hughes (99.45%), Gail Kelly (86.26%), Julie G. Richardson (98.54%), Jeanette Wong (98.80%) and newly elected Board of Directors members Renata Jungo Brüngger (78.17%) and Lila Tretikov (99.40%) for a one-year term of office, until the 2026 AGM.
Shareholders re-elected Julie G. Richardson (95.21%) and Jeanette Wong (96.99%) and newly elected Gail Kelly (89.83%), for a one-year term of office, until the 2026 AGM.
Shareholders approved the maximum aggregate amount of compensation for the members of the Board of Directors from the 2025 to the 2026 AGM (90.91%).
Shareholders approved the aggregate amount of variable compensation for the members of the Group Executive Board for the 2024 financial year (89.71%).
Shareholders approved the ordinary reduction of share capital by way of cancellation of shares repurchased under the 2022 share repurchase program (94.22%).
Shareholders approved a new share repurchase program (93.53%).
