GENEVA, Switzerland – May 25, 2022 – Temenos (SIX: TEMN), the banking software company, today held its 21st Annual General Meeting (AGM) without shareholders ‘attendance in accordance with the COVID-19 Ordinance 3 of the Federal Council. 41,002,773 shares were represented by the independent proxy holder.
In particular, the shareholders elected by a large majority both Ms. Deborah Forster and Ms. Cecilia Hultén as new independent and non-executive members of the Board of Directors.
For the 11th consecutive year, shareholders approved a dividend increase to CHF 1.00 per share in respect of the year ending on 31 December 2021. It constitutes a reflection of the growing maturity of the company and the strength of its cash flow.
The shareholders also approved the 2021 financial statements as well as the 2023 compensation for the Board of Directors and for the Executive Committee.
Finally, shareholders elected all the members of the Board of Directors, including its Chairman, as well as the Compensation Committee members. The independent proxy holder as well as the auditors were also elected.