• Patrick De Maeseneire reelected as Chairman
• All Board members standing for reelection were confirmed for another one-year term of office
• Barbara Richmond and Aruna Jayanthi, elected as new members of the Board
• Dividend payout of CHF 29.00 per share approved
• KPMG AG, Zurich, reelected as auditors of the company

The Annual General Meeting 2024 of Barry Callebaut AG, was held today by electronic means in accordance with Art. 14 para. 2 of the Articles of Incorporation and without a physical venue (virtual meeting), under the chairmanship of Patrick De Maeseneire, Chairman of the Board, and Markus R. Neuhaus, Vice-Chairman of the Board. 

182 shareholders and shareholder representatives attended the meeting and 6,479 shareholders were represented by the independent proxy, in total representing 4,181,987 shares and equaling 76.19% of the issued share capital.

All motions were adopted as proposed by the Board of Directors, including the reelection of Patrick De Maeseneire as Chairman and the election of Barbara Richmond and Aruna Jayanthi as new Board members.

Antoine de Saint-Affrique, Tim E. Minges, and Yen Yen Tan, did not stand for reelection. All other members of the Board, namely Patrick De Maeseneire, Markus R. Neuhaus, Fernando Aguirre, Nicolas Jacobs, and Thomas Intrator, were reelected for another term of office of one year. 

The shareholders also approved the proposed payout of an increased dividend of CHF 29.00 per share. This corresponds to a payout ratio of 83% of the reported net profit. The dividend will be paid to shareholders on or around January 9, 2025.

KPMG AG, Zurich, was reelected as auditors of the company for fiscal year 2024/25.

Barry Callebaut’s fiscal year 2023/24 closed on August 31, 2024.

The next Annual General Meeting will take place on December 10, 2025.