After record results: Ninth dividend increase in a row

The Annual General Meeting of ALSO Holding AG (SIX: ALSN) approved all proposals of the Board of Directors, including the Annual Report 2020, and granted discharge to Group Management and the members of the Board of Directors.

The shareholders also approved the proposed dividend of CHF 3.75 per share. This represents an increase in the dividend of +312 percent since 2012. The distribution will be made from 23. March 2021 from the foreign capital contributions reserve without deduction of Swiss withholding tax. The decision to increase the dividend by 50 Rappen is proof of the shareholders' confidence in the company's growth potential.

The members of the Board of Directors Peter Athanas, Walter P. J. Droege, Rudolf Marty, Frank Tanski, Ernest-W. Droege and Gustavo Möller-Hergt were confirmed for a further year in office. In addition, the shareholders approved the re-election of Gustavo Möller-Hergt as Chairman of the Board of Directors. Ernst & Young AG, Zurich, will also be the auditors for the 2021 business year.

In the future, too, the signs are set for sustainable profitable growth. Gustavo Möller-Hergt, CEO of ALSO Holding AG: “The development towards the Remote Reality of the Next Normal is an important driver for the IT industry and offers us excellent opportunities of development. We will consistently pursue our growth strategy in 2021 with a focus on regional expansion and technological competence.”

Contact person ALSO Holding AG:

Beate Flamm
Senior Vice President Communication
Telephone: +49 151 61266047
E-Mail: beate.flamm@also.com

ALSO Holding AG

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) is one of the leading technology providers for the ICT industry, currently active in 24 countries in Europe and in a total of 90 countries worldwide via PaaS partners. The ALSO ecosystem offers around 110 000 resellers hardware, software and IT services from more than 700 vendors in over 1340 product categories. In the spirit of the circular economy, the company provides all services from provision to refurbishment from a single source. The Supply division comprises the transactional range of hardware and software. The Solutions division supports customers in the development of customized IT solutions. Subscription-based cloud offerings as well as platforms for cybersecurity, virtualization and AI are the focus of the Service area. For more information, visit: https://also.com
The main shareholder is the Droege Group, Düsseldorf, Germany.

About Droege Group

Droege Group(founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family equity business model. The group invests its own equity in “special opportunities” with a focus on medium sized companies and spin-offs as well as strategically in buy & build transactions. With the guiding principle “execution -following the rules of art”, the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on long-term oriented megatrends. Enthusiasm for quality, innovation and speed determines the company’s actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. For more information, visit: https://droege-group.com