Rapport bref sur l`assemblée générale ordinaire de PSP

 Rapport bref sur l’assemblée générale ordinaire de PSP Swiss Property SA, Zoug, du 31 mars 2016, au Kongresshaus Zurich, dès 15h00 (seul le texte en langue allemande fait foi) 192 actionnaires sont apparus cette année à l’assemblée générale ordinaire de PSP Swiss Property SA le 31 mars 2016, 15h00, au Kongresshaus Zurich. 32'479'282 actions (70.81% du capital-­actions) étaient représentées, dont 32'275'695 actions par le représentant indépendant. Toutes les propositions du conseil d’administration à l’égard de l’ordre du jour ont été approuvées par le quorum nécessaire (majorité absolue des votes représentés) et par vote électronique. 1. Rapport d’activité annuel, comptes annuels et comptes consolidés 2015, rapport des réviseurs Le rapport d’activité annuel, les comptes annuels et les comptes consolidés 2015 ont été approuvés, comme proposés, en prenant connaissance du rapport des réviseurs. (32'359'618 OUI;; Pourcentage: 99.6%) 2. Vote consultatif sur le rapport de rémunération 2015 Le rapport de rémunération 2015 a été approuvé, comme proposé, de manière non-­obligatoire par vote consultatif. (26'146'083 OUI;; Pourcentage: 80.5%) 3. Affectation du bénéfice résultant du bilan 2015, paiement de dividendes L’affectation du bénéfice 2015 et le paiement d’un dividende de CHF 1.50 brut par action aux actionnaires ont été approuvés, comme proposés. (32'451'555 OUI;; Pourcentage: 99.9%) 4. Distribution aux actionnaires des réserves d’apports de capital La distribution proposée de CHF 1.80 par action aux actionnaires des réserves d’apports de capital après transfert aux réserves facultatives issues du bénéfice, a été approuvée. (32'429'421 OUI;; Pourcentage: 99.8 %) 5. Décharge aux membres du conseil d’administration et de la direction générale Décharge a été donnée aux membres du conseil d’administration et de la direction générale «in globo» pour l’exercice 2015, comme proposée. (26'461'429 OUI;; Pourcentage: 99.4%) Elections des membres du conseil d’administration Tous les sept anciens membres du conseil d’administration ainsi que Mme Corinne Denzler ont été élus par élections individuelles pour un mandat d’un an, comme proposés. 6. Par conséquent, le conseil d'administration se présente comme suit: M. Günther Gose, ancien M. Luciano Gabriel, ancien Mme Corinne Denzler, nouvelle (29'128'673 OUI;; Pourcentage: 89.7%) (30'684'697 OUI;; Pourcentage: 94.5%) (32'412'329 OUI;; Pourcentage: 99.8%) 1/2 Rapport bref sur l’ assemblée générale ordinaire de PSP Swiss Property SA du 31 mars 2016 M. Adrian Dudle, ancien M. Peter Forstmoser, ancien M. Nathan Hetz, ancien M. Josef Stadler, ancien M. Aviram Wertheim, ancien (32'410'521 OUI;; Pourcentage: 99.8%) (30'265'001 OUI;; Pourcentage: 93.2%) (28'765'526 OUI;; Pourcentage: 88.6%) (32'365'166 OUI;; Pourcentage: 99.6%) (22'075'311 OUI;; Pourcentage: 68.0%) 7. Election du président du conseil d’administration M. Günther Gose a été réélu comme président du conseil d’administration pour un mandat d’un an, comme proposé. (29'704'182 OUI;; Pourcentage: 91.5%) 8. Elections des membres du comité de rémunération Tous les trois anciens membres du comité de rémunération ainsi que M. Adrian Dudle ont été élus par élections individuelles pour un mandat d’un an, comme proposés. M. Adrian Dudle, nouveau M. Peter Forstmoser, ancien M. Nathan Hetz, ancien M. Josef Stadler, ancien 9. (31'225'120 OUI;; Pourcentage: 96.1%) (30'233'465 OUI;; Pourcentage: 93.1%) (27'731'144 OUI;; Pourcentage: 85.4%) (31'194'194 OUI;; Pourcentage: 96.0%) Approbation du montant global maximum des rémunérations du conseil d’administration jusqu’à l’assemblée générale ordinaire 2017 Le montant global maximum des rémunérations du conseil d’administration de l’assemblée générale ordinaire 2016 jusqu’à l’assemblée générale ordinaire 2017 de CHF 1’000'000.-­ a été approuvé, comme proposé. (32'034'008 OUI;; Pourcentage: 98.6%) 10. Approbation du montant global maximum des rémunérations de la direction générale pour l’exercice 2017 Le montant global maximum des rémunérations de la direction générale pour l’exercice 2017 de CHF 5’700'000.-­ a été approuvé, comme proposé. (30'611'380 OUI;; Pourcentage: 94.2%) 11. Election de l’organe de révision PricewaterhouseCoopers SA, Zurich, a été réélue comme organe de révision pour l’exercice 2016, comme proposée. (32'078'599 OUI;; Pourcentage: 98.8%) 12. Election du représentant indépendant Proxy Voting Services Sàrl, Zurich, a été réélue comme représentant indépendant pour un mandat d’un an, comme proposée. (32'435'469 OUI;; Pourcentage: 99.9%) Le conseil d'administration s’est constitué comme suit: M. Luciano Gabriel est délégué du conseil d’administration. M. Peter Forstmoser préside le comité de rémunération. Le "Audit Committee", présidé par M. Günther Gose, est composé de tous les membres du conseil d'administration, sauf M. Luciano Gabriel. PSP Swiss Property SA, 1er avril 2016 Annexes: Präsenzmeldung, Convocation à l’assemblée générale ordinaire (en anglais) 2/2 PSP Swiss Property Ltd, Zug
Invitation to the Annual
General Meeting
Thursday, 31 March 2016, at 3 p.m.
at Kongresshaus, Zurich, Entrance „Kongresshaus“/Claridenstrasse
(Gartensaal, doors opening at 2 p.m.)
To the shareholders of PSP Swiss Property Ltd, Zug
Ladies and Gentlemen
The Board of Directors of PSP Swiss Property Ltd is pleased to invite you to the annual General Meeting
with the following agenda.
Agenda
1
Annual activity report, financial statements and consolidated financial statements 2015,
auditors' report
Proposal of the Board of Directors: approval of the annual activity report, the financial statements
and the consolidated financial statements 2015, taking note of the auditors' report
2
Advisory vote on the compensation report 2015
Proposal of the Board of Directors: acceptance of the compensation report 2015 by non-binding
advisory vote
Please see the comments in the appendix to this invitation.
3
Appropriation of retained earnings 2015, dividend payment
Proposal of the Board of Directors: appropriation of retained earnings 2015 and payment of a
dividend of CHF 1.50 per share to the shareholders as follows:
Balance carried forward of previous period
Net profit 2015
Retained earnings as of 31 December 2015
Dividend payment of CHF 1.50 per share
Balance carried forward
CHF - 3 121 748.23
CHF 340 623 762.12
CHF 337 502 013.89
CHF 68 801 836.50
CHF 268 700 177.39
Please see the following comments to agenda items 3 and 4.
4
Distribution to the shareholders out of capital contribution reserves
Proposal of the Board of Directors: distribution of CHF 1.80 per share to the shareholders out of
capital contribution reserves, after booking into the voluntary retained earnings (as transitory
account), as follows:
Capital contributions reserves as of 31 December 2015
Distribution out of capital contribution reserves
(after booking into the voluntary retained earnings as
transitory account) of CHF 1.80 per share
Balance carried forward
CHF 82 943 016.53
CHF 82 562 203.80
CHF
380 812.73
Page 1
Comments to agenda items 3 and 4:
In total, the Board of Directors thus proposes a distribution of CHF 3.30 per share to the
shareholders for the 2015 business year. The distribution consists of a dividend out of
retained earnings of CHF 1.50 per share (agenda item 3) and a distribution out of capital
contributions reserves of CHF 1.80 (agenda item 4).
Upon approval of the proposals under agenda items 3 and 4, the gross dividend of CHF 1.50 per share will be
paid out net of 35% withholding tax, the distribution of CHF 1.80 per share out of capital contribution reserves
will be paid out free of withholding tax and it will not be subject to Swiss income tax for natural persons
resident in Switzerland holding the shares as private investment. The payments will presumably be made as
of 6 April 2016, with ex-date on 4 April 2016.
The proposed total amounts for the dividend and capital contribution reserves distributions are based on the
outstanding 45 867 891 shares of the company. Treasury shares owned by the company, if any, are not
entitled to the dividend payments and the distribution out of capital contribution reserves. The number of
shares qualifying for such dividends and distribution will be established on the applicable record date for the
respective payments. The total amounts for the dividend and capital contribution reserves distributions as well
as for the resulting balances to be carried forward, respectively, may thus vary accordingly.
5
Discharge of the members of the Board of Directors and of the Executive Board
Proposal of the Board of Directors: granting of discharge to the Board of Directors and the
Executive Board for the 2015 business year
6
Elections of the members of the Board of Directors
Proposal of the Board of Directors: individual re-elections of the following seven current members
of the Board of Directors and election of Ms. Corinne Denzler, all of them for a term of office of one
year:
Mr. Günther Gose (current), Mr. Luciano Gabriel (current), Mr. Adrian Dudle (current), Mr. Peter
Forstmoser (current), Mr. Nathan Hetz (current), Mr. Josef Stadler (current), Mr. Aviram Wertheim
(current) and Ms. Corinne Denzler (new)
Ms. Corinne Denzler, born in 1966, Swiss citizen, domiciled in Baar, business graduate from the KV Zurich
Business School, is working as Chief Executive Officer of the Tschuggen Hotel Group, with hotels and spas in
Ascona, Arosa and St. Moritz. Before that, she was performing management functions with several companies
and organisations, such as the Swiss Snowsports School Davos and the Grand Resort Bad Ragaz.
For the respective biographies please see the 2015 Annual Report or www.psp.info.
7
Election of the Chairman of the Board of Directors
Proposal of the Board of Directors: re-election of Mr. Günther Gose (current) as Chairman of the
Board of Directors for a term of office of one year
8
Elections of the members of the Compensation Committee
Proposal of the Board of Directors: individual re-elections of the following three current members of
the Compensation Committee, and election of Mr. Adrian Dudle, all of them for a term of office of
one year:
Mr. Peter Forstmoser (current), Mr. Nathan Hetz (current), Mr. Josef Stadler (current) and Mr.
Adrian Dudle (new)
It is foreseen that Mr. Peter Forstmoser again chairs the Compensation Committee.
Page 2
9
Approval of the maximum total amount of compensations for the Board of Directors until
the annual General Meeting 2017
Proposal of the Board of Directors: approval of the maximum total amount of compensations for the
Board of Directors from the annual General Meeting 2016 to the annual General Meeting 2017 of
CHF 1 000 000.—
Please see the comments in the appendix to this invitation.
10
Approval of the maximum total amount of compensations for the Executive Board for the
2017 business year
Proposal of the Board of Directors: approval of the maximum total amount of compensations for the
Executive Board for the 2017 business year of CHF 5 700 000.—
Please see the comments in the appendix to this invitation.
11
Election of the Statutory Auditors
Proposal of the Board of Directors: re-election of PricewaterhouseCoopers AG, Zurich, for the 2016
business year
12
Election of the Independent Shareholder Representative
Proposal of the Board of Directors: re-election of Proxy Voting Services GmbH, CH-8024 Zurich, as
independent shareholder representative for a term of office of one year
The annual report and the auditors’ report including the compensation report and the respective
report of the auditors are available from now onwards for inspection by shareholders at the Company’s
registered office in Zug, Kolinplatz 2, as well as at the registered office of PSP Group Services AG in
Zurich, Seestrasse 353, and at www.psp.info. An extract from the annual report (“2015 Short Report”) is
enclosed. Shareholders who wish to receive the annual report including the compensation report by mail
may order a copy at PSP Group Services AG, Investor Relations, Seestrasse 353, CH-8038 Zurich.
Shareholders planning to attend the General Meeting in person are requested to return the enclosed
reply form for an admittance ticket with voting material. Participation in and voting at the General
Meeting shall be restricted to shareholders entered in the share register as shareholders with voting rights
on Thursday, 24 March 2016 (record date). The share register will be administrated until 24 March 2016;
it will be closed from 25 March until 31 March 2016, inclusive.
Representation and power of attorney: Shareholders entitled to vote who are unable to attend the
General Meeting in person are requested to arrange representation by another shareholder entitled to
vote (see Article 12 para. 2 and para. 3, last sentence, of the Articles of Association). They may also
appoint Proxy Voting Services GmbH, CH-8024 Zurich, to act as their independent shareholder
representative.
Please submit the power of attorney and the voting instructions to the independent shareholder
representative by using the reply form or our internet-based electronic proxy voting system on
https://netvote.ch/pspswissproperty. In the absence of voting instructions, the independent
shareholder representative will abstain from voting.
Additional details on assigning power of attorney and submitting voting instructions are
described on the enclosed reply form. The reply form also contains the login-details for the
internet-based electronic proxy voting system. Additional information thereto is available on
www.psp.info/annual-general-meeting-2016/electronic-proxy-voting. As of 1 January 2014,
representation of shareholders at the General Meeting by their bank or by PSP Swiss Property Ltd is no
longer permitted.
Page 3
For your reply, please find enclosed two envelopes:
one envelope addressed to the share register of PSP Swiss Property Ltd (c/o areg.ch ag,
Fabrikstrasse 10, CH-4614 Hägendorf) for returning the reply form and ordering an admittance
ticket and
one envelope addressed to Proxy Voting Services GmbH for returning the reply form with the
voting instructions for the independent shareholder representative.
Please note that the filled-in and signed reply form must be in possession of the share register of PSP
Swiss Property Ltd or Proxy Voting Services GmbH, CH-8024 Zurich, respectively, by 29 March 2016 at
the latest. Proxies and instructions - or amended instructions respectively - by electronic means are to be
submitted at the latest by 29 March 2016, 11.59 p.m. (CET).
Yours faithfully
PSP Swiss Property Ltd
On behalf of the Board of Directors
The Chairman
Zug, 8 March 2016
Günther Gose
Enclosures: Extract from the annual report (“2015 Short Report”), Reply form, two reply envelopes
Translation of the legally binding German text
Appendix to the invitation: Comments to the following agenda items:
Agenda item 2 (Advisory vote on the compensation report 2015)
The Board of Directors submits the compensation report 2015 to the 2016 annual General Meeting for approval by
way of a non-binding advisory vote. The compensation report, including the report of the auditors, is set out on pages
112 to 115 of the annual report. Additional information on the compensation system and the compensations of the
Board of Directors and the Executive Board in the 2015 business year can be found on pages 116 ff. of the annual
report.
Agenda item 9 (Approval of the maximum total amount of compensations for the Board of Directors until the annual
General Meeting 2017)
In accordance with the Articles of Association, the Board of Directors proposes to the annual General Meeting 2016
to approve the maximum total amount of compensations for the Board of Directors from the annual General Meeting
2016 to the annual General Meeting 2017.
The maximum total amount contains the compensations of the non-executive members including the Chairman. The
compensations of the executive member (Delegate/CEO) are included in the maximum total amount of the Executive
Board (Agenda item 10).
The maximum total amount is calculated based on the sum of the fixed compensations of the seven non-executive
members of the Board of Directors (including the Chairman) plus potential additional amounts payable to members
arriving from abroad and based on the assumption of a maximum of ten board meetings during the term of office.
Such sum amounts to CHF 1 000 000.
Agenda item 10 (Approval of the maximum total amount of compensations for the Executive Board for the 2017
business year)
In accordance with the Articles of Association, the Board of Directors proposes to the annual General Meeting 2016
to approve the maximum total amount of compensations for the members of the Executive Board for the 2017
business year.
The maximum total amount contains the compensations of the executive member of the Board of Directors
(Delegate/CEO) and the other members of the Executive Board.
The maximum total amount is composed of the sum of the individual caps of the maximum compensations
payable to the members of the Executive Board per calendar year as contained in their employment contracts.
The individual caps are CHF 2 600 000 for Luciano Gabriel, CHF 1 600 000 for Giacomo Balzarini and CHF 1 500
000 for Adrian Murer. They sum up to the proposed maximum total amount for the compensations of the Executive
Board of CHF 5 700 000.
The actual compensations for the 2017 business year will be established on the basis of the employment contracts
and the 2017 business year results. They will be shown in detail in the 2017 compensation report, which will be
submitted to the annual General Meeting 2018 for approval by way of a non-binding advisory vote.
Page 4
Präsenzmeldung
Stand: 15.15 Uhr
Anwesende Aktionäre
Vertretene Namenaktien bzw. Aktienstimmen
Vertretene Aktiennennwerte CHF
p s1p
Swiss Property
192
32 479 282
3 247 928.20
(entsprechend 70.81 °/o des Aktienkapitals)
Davon durch den unabhängigen Stimmrechtsvertreter vertreten:
Vertretene Namenaktien bzw. Aktienstimmen
Vertretene Aktiennennwerte CHF
© PSP Swiss Property
32 275 695
3 227 569.50