Board of Directors decides on agenda items for the 26th Annual General Meeting

  • Hariolf Kottmann informs Board of Directors to be no longer a candidate for the office of Chairman
  • Board of Directors proposes Günter von Au to be elected as new Chairman of the Board of Directors
  • Ordinary dividend of CHF 0.70 for fiscal year 2019 and 2020 combined

Muttenz, February 1, 2021 – The Chairman of the Board Hariolf Kottmann has informed the Board of Directors in an extraordinary meeting that he will no longer be a candidate for a Member of the Board of Directors nor for the office of Chairman at the upcoming 26th Annual General Meeting in April 2021.

Against this background and after intensive discussions, the members of the Board of Directors of Clariant unanimously suggest to the shareholders Günter von Au to be elected as new Chairman of the Board of Directors. Günter von Au has been a member of the Board of Directors since 2012 and acted as Vice Chairman from 2012 to 2018.

The Board of Directors additionally proposes to the shareholders of the Company to distribute an ordinary dividend of CHF 0.70 per share. This includes CHF 0.55 per share for fiscal year 2019 and CHF 0.15 per share for 2020.

By agreeing to the agenda items of the Board of Directors, the anchor shareholder SABIC withdraws its own proposals for the agenda of the Annual General Meeting, which it sent to the Company at the end of December 2020. These included a special dividend distribution to the shareholders of an amount up to CHF 2.00 per share and the amendment of article 20 of the articles of association – introduction of a time limit of 12 years for members of the Board of Directors including the Chairperson. Instead, the requested inclusion of the 12-year period will be anchored in the Bylaws of the Board of Directors.

This information corresponds to the present state of our knowledge and is intended as a general description of our products and their possible applications. Clariant makes no warranties, express or implied, as to the information’s accuracy, adequacy, sufficiency or freedom from defect and assumes no liability in connection with any use of this information. Any user of this product is responsible for determining the suitability of Clariant’s products for its particular application.<br />
<br />
* Nothing included in this information waives any of Clariant’s General Terms and Conditions of Sale, which control unless it agrees otherwise in writing. Any existing intellectual/industrial property rights must be observed. Due to possible changes in our products and applicable national and international regulations and laws, the status of our products could change. Material Safety Data Sheets providing safety precautions, that should be observed when handling or storing Clariant products, are available upon request and are provided in compliance with applicable law. You should obtain and review the applicable Material Safety Data Sheet information before handling any of these products. For additional information, please contact Clariant.<br />
<br />
* For sales to customers located within the United States and Canada the following applies in addition: No express or implied warranty is made of the merchantability, suitability, fitness for a particular purpose or otherwise of any product or service.<br />
<br />
© Trademark of Clariant registered in many countries.<br />
® 2019 Clariant International Ltd 

You are about to leave the Clariant domain

The link you activated will take you outside the Clariant site in about 10 seconds. If you want to stop this, press "Cancel".

Request to Clariant

Please enter your contact information so we are able to process your request. Thank you for your interest.

Clariant Info
Clariant Info
Online Communications Team