Dividend Increase, Board Appointments, and Governance Proposals Gain Strong SupportABB shareholders have unanimously approved all proposals put forward by the company’s Board of Directors at the 2025 Annual General Meeting (AGM), held today in Zurich, Switzerland. The meeting saw robust participation, with 673 shareholders—alongside an independent proxy—representing 64.7 percent of the total voting share capital.
Key Approvals: Dividends, Financials, and Governance
Shareholders greenlit a series of critical resolutions, including:
- Increased Dividend: A proposed dividend of CHF 0.90 per share, marking a rise from previous distributions. Dividend payments in Switzerland are scheduled for April 2, 2025.
- Financial Reporting: Approval of the 2024 management report, consolidated financial statements, and annual financial statements.
- Discharge of Responsibilities: Formal discharge granted to the Board of Directors and executive management for their performance in the 2024 financial year.
Board of Directors Updates
Shareholders confirmed Peter Voser’s continuation as Chairman of the Board of Directors. In a key leadership change, Claudia Nemat was elected as a new Board member, succeeding Lars Förberg, who did not stand for re-election as previously announced. All other incumbent Board members were re-elected for another term: David Constable, Frederico Fleury Curado, Johan Forssell, Denise C. Johnson, Jennifer Xin-Zhe Li, Geraldine Matchett, David Meline, and Mats Rahmström.
Compensation and Sustainability Endorsements
The meeting also approved:
- The maximum aggregate compensation for the Board of Directors for the 2025–2026 term and for the Executive Committee for the 2026 financial year.
- In non-binding consultative votes, strong shareholder support for the 2024 Compensation Report and 2024 Sustainability Statement, underscoring alignment with ABB’s governance and ESG priorities.
