Forbo Shareholders Approve All Board Proposals, Elect New Director and Confirm Dividend

At the 98th Ordinary General Meeting of Forbo Holding Ltd in Zug, shareholders demonstrated strong support for the company's leadership by approving all proposals from the Board of Directors with clear majorities. The meeting, attended by 158 shareholders representing 71.73% of issued share capital, resulted in several key decisions that reinforce corporate governance and financial stability. Shareholders approved the Annual Report, annual statements, consolidated financial statements, and the Sustainability Report for the 2025 business year, while also granting discharge to the responsible governing bodies.

A significant outcome was the approval of a dividend of CHF 25 per share, which will be paid from April 13, 2026, reflecting the company's commitment to returning value to investors. The 2025 Remuneration Report received approval through a consultative vote, and shareholders authorized maximum total remuneration for the Board of Directors and Executive Board for upcoming years, including short-term variable remuneration for 2025 and long-term equity participation for 2026. These decisions underscore shareholder alignment with executive compensation structures tied to performance.

In governance developments, all current Board members were re-elected for another one-year term, including Chairman Bernhard Merki and members Michael Pieper, Claudia Coninx-Kaczynski, Jorg Kampmeyer, Dr. Eveline Saupper, and Vincent Studer. Dr. Ilias Laber was elected as a new independent member of the Board of Directors by an overwhelming majority, bringing fresh perspective to the boardroom. The current remuneration committee members were also re-elected, and shareholders extended the mandate of KPMG Ltd as auditors for another year, with Rene Peyer re-elected as independent proxy.

Forbo, a leading producer of floor coverings, building adhesives, and industrial belts, employs about 5,050 people globally and generated net sales of CHF 1,085.4 million in 2025. The shareholder approvals, detailed in the investor section of the company's website, highlight robust investor confidence in the company's strategic direction and governance practices. This strong endorsement comes as Forbo continues to emphasize sustainability and innovation in its product offerings, positioning itself for future growth in international markets.