The Annual General Meeting of Kudelski SA (SIX:KUD.S) held today at the company’s headquarters in Cheseaux-sur-Lausanne saw all proposals of the Board of Directors accepted by a strong majority. 38 shareholders or their proxies attended in person, representing 63,952,062 shares out of a total of 97,809,214 shares.
Shareholders approved the 2025 annual report, Kudelski SA’s financial statements, the Group’s 2025 consolidated accounts and profit allocation, as well as the 2025 report on non-financial matters. They also approved the compensation report for the Board of Directors and the Executive Board, along with the discharge of the Board and Executive Board for 2025.
Mrs. Marguerite Kudelski and Messrs. Laurent Dassault, Michael Hengartner, Andre Kudelski, Pierre Lescure, Alec Ross and Claude Smadja were re-elected as members of the Board for a one-year term. Mr. Andre Kudelski was re-elected as Chairman of the Board of Directors. Mr. Patrick Foetisch retired from the Board after more than 35 years of service; shareholders warmly thanked him for his outstanding contributions.
Ms. Helene Beguin, nominated for election, was elected as a member of the Board for a one-year term. Ms. Beguin was a partner at KPMG from 2004 to 2025 and served on the board of directors of KPMG Suisse from 2014 to 2024, most recently as its chairwoman. She holds a Master's degree in Business Administration from HEC Lausanne and is a certified public accountant. She joins the Board effective today.
Shareholders elected Messrs. Michael Hengartner, Pierre Lescure, Alec Ross and Claude Smadja as members of the Remuneration and Nomination Committee for a one-year period. PricewaterhouseCoopers SA in Lausanne (Pully) was re-elected as the Group’s audit firm for a one-year period, and Ofisa Berney Associés SA, in Lausanne, was elected as independent representative for a one-year period.
The approval of all proposals underscores shareholder confidence in the company's strategic direction. The election of Helene Beguin brings extensive financial expertise to the board, which is important for the Kudelski Group's continued focus on digital security solutions for media, cybersecurity and IoT. For more information, visit www.nagra.com.
