Roger Harlacher new member of the Board of Directors of Valiant Bank

At the Annual General Meeting of Valiant Holding AG, shareholders voted in favor of a stable dividend. It remains unchanged at 5 francs per share. The payout ratio is 65 percent and is within the target range of 50 to 70 percent set by the Board of Directors. A total of 78.9 million francs will be paid out to shareholders. Valiant has a strong capital base. It clearly exceeds the FINMA requirements regarding equity capital resources.

Change in the Board of Directors: Roger Harlacher new member

Franziska von Weissenfluh, member of the Board of Directors since 2011, did not stand for re-election at the Annual General Meeting. The Board of Directors thanks her for her many years of valuable service to the company. Franziska von Weissenfluh has made a major contribution to the successful further development of Valiant.

The Annual General Meeting elected Roger Harlacher as a new member of the Board of Directors. He has a great deal of experience in corporate management. The 55-year-old business economist has worked for Zweifel Pomy-Chips AG for 25 years, from 2015 until June 2020 as CEO, and since then as a member of the Board of Directors. Roger Harlacher is also involved in various bodies in the communications and advertising industry, for example as President of the Swiss Advertising Contractors Association, and on the boards of SMEs.

Solidarity with Valiant

Due to the Corona pandemic, the 24th Annual General Meeting was broadcast on the internet and took place without the physical participation of shareholders. 51.8 percent of the votes were exercised by the independent proxy. The high percentage illustrates the solidarity of the shareholders with Valiant, according to a statement to the media.

Source and further information: Valiant Bank