Stable dividend
At the Annual General Meeting of Valiant Holding AG, shareholders approved an unchanged dividend of CHF 5 per share. This represents a payout ratio of 64.1%, which is within the target range of 50–70% set by the Board. A total of CHF 78.96 million will be paid out to shareholders.

Changes to the Board
As previously announced, Nicole Pauli and Jean-Baptiste Beuret did not seek re-election at the Annual General Meeting. The Board of Directors would like to thank them for their many years of valuable service to Valiant and wish them all the best in their future endeavours.

At the Annual General Meeting, Marion Khüny and Roland Herrmann were elected as new members of the Board. Marion Khüny has held management positions with various European banks, particularly in risk management. She has been a member of the Supervisory Board of Erste Group Bank AG since 2017. In addition, she works as a consultant, advising the British fintech company Oaknorth, among others.

Roland Herrmann has a long-standing track record in banking as well as in industry and commerce, with 17 years of experience in various management roles at Swiss banks. From 2012 to 2020, he was with Neue Aargauer Bank, first as CFO and, from 2016, as CEO. He is now an entrepreneur and independent board member.

More information on Valiant's Annual General Meeting, including voting results, can be found at: valiant.ch/gv.