Zurich adapts format of 2020 Annual General Meeting following ban on events to curb spread of Covid-19 virus
- Annual General Meeting to take place April 1 without shareholders present
- Shareholders can exercise their voting rights by providing instructions to the independent voting rights representative
Zurich Insurance Group Ltd (Zurich) will hold its Annual General Meeting (AGM) on April 1, 2020.
Following a ban on events in Switzerland and in line with Covid-19 related legal provisions, the AGM will be held without the presence of shareholders. Shareholders can exercise their voting rights by providing instructions to the independent voting rights representative electronically or in writing.
These measures will enable the Group to conclude the 2019 financial year as well as enable shareholders to approve the payment of the proposed dividend of CHF 20 per share.
The Swiss authorities this week declared the outbreak of the Covid-19 coronavirus an “extraordinary situation” and prohibited events until at least April 19, 2020.
“We regret not having the opportunity to interact with our shareholders directly, but extraordinary times require extraordinary measures and we will play our part to protect public health,” said Zurich Chairman Michel M. Liès.Further information
More information about Zurich’s Annual General Meeting 2020 can be found here.
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Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.