Landis+Gyr Board Expanded as Shareholders Approve Dividend Payout

The assembly re-appointed all seven incumbent members of the Board of Directors for one-year terms, maintaining continuity under Chair Audrey Zibelman. Joining the board is Scott Reese, a U.S. citizen elected to serve alongside returning members Brett Carter, Eric Elzvik, Steve Louden, Fabian Rauch, Andreas Spreiter, and Christina Stercken. Shareholders also greenlit the distribution of CHF 1.20 per registered share, sourced from statutory capital reserves, with payments scheduled to begin July 2, 2026.

Beyond personnel and dividends, the meeting served as a formal validation of the company's fiscal performance. Investors approved the Annual Report and Financial Statements for FY 2025, alongside the Remuneration and Sustainability reports. Proposed amendments to the Articles of Association also passed, setting the stage for the company’s upcoming quarterly trading update on July 28.