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2016-05-12

Komax Holding AG: 2016 Annual General Meeting of Komax Holding AG

Komax Holding AG / 2016 Annual General Meeting of Komax Holding AG. Processed
and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely
responsible for the content of this announcement.
Shareholders attending the Annual General Meeting of Komax Holding AG, held on
12 May 2016 at the Culture and Congress Center Lucerne (KKL), approved all
the proposals of the Board of Directors. They emphatically rejected the
election of Andreas Herzog as a new member of the Board of Directors, as
proposed by Veraison SICAV.

The Board of Directors of Komax Holding AG enjoyed the broad support of
shareholders for all its proposals at the Annual General Meeting, including
approval of the appropriation of profit for the 2015 financial year.
Shareholders will receive a dividend of CHF 4.50 per share as well as a
distribution from capital contribution reserves of CHF 1.50 per share. The
ex-date will be Tuesday,17 May 2016, the payment date Thursday,19 May 2016.

Shareholders elected all members of the Board of Directors who stood for
re-election for a further term of office of one year. Leo Steiner, who has
shaped the course of Komax's development over the last 24 years both as CEO
and as a member and Chairman of the Board of Directors, did not stand for a
further term of office, and was given a fitting farewell. The proposed
election of Andreas Herzog to the Board of Directors was rejected by both the
Board of Directors and a large majority of shareholders. The Board of
Directors therefore now comprises five members: Beat Kälin (Chairman), David
Dean, Kurt Haerri, Daniel Hirschi and Roland Siegwart. The members of the
Remuneration Committee are Daniel Hirschi, Beat Kälin and Roland Siegwart.

For the first time, shareholders were given the opportunity to participate in
an advisory vote on the Compensation Report. They approved this by a clear
majority, as well as approving the proposed total compensation payable to the
Board of Directors and the Executive Committee for the 2017 financial year.
Shareholders likewise approved the proposal to increase the registration and
voting rights restriction from 5% to 15%.

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| Contact |
| Roger Müller Phone +41 41 455 06 16 |
| Head Investor Relations / Corporate Communications roger.mueller@komaxgroup.com |
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The Komax Group is a global technology company that focuses on markets in the
automation sector. As a leading manufacturer of innovative and high-quality
solutions for the wire processing industry, Komax helps its customers
implement economical and safe manufacturing processes, especially in the
automotive supply sector. The Komax Group employs around 1 400 people
worldwide and provides sales and service support via subsidiaries and
independent agents in around 60 countries.

The media release can be downloaded from the following link:

Media release (PDF)
http://hugin.info/100418/R/2012426/745435.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Komax Holding AG via Globenewswire

HUG#2012426

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