|General Assembly 2012||Mailen|
Thalwil, Switzerland - 26 April, 2012 - At the Annual General Meeting on 25th of April in Thalwil, the shareholders of u-blox Holding AG approved all proposals of the Board of Directors. 151 shareholders attended the meeting. A total of 2'223'907 voting shares were represented, corresponding to 35.62% of the issued share capital.
The shareholders approved the annual report, the 2011 financial statements and consolidated financial statements of u-blox Holding AG. The assembly approved the dividend of CHF 0.90 per share and the appropriation of the retained earnings. The shareholders discharged the Board of Directors and the Executive Committee for their activities in 2011.
Prof. Dr. Gerhard Tröster and Soo Boon Quek were re-elected for 3 years. KPMG AG of Root/Luzern was reappointed as statutory auditor for a further term of one year.
u-blox is a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets. Our solutions enable people, devices, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video. With a broad portfolio of GPS modules, chips, and software solutions together with wireless modules and solutions, u-blox is uniquely positioned to enable OEMs to develop innovative solutions quickly and cost-effectively. Headquartered in Switzerland and with global presence in Europe, Asia and the Americas, u-blox employs over 200 people. Founded in 1997, u-blox is listed on the SIX Swiss Exchange. (www.u-blox.com)
Roland Jud, Chief Financial Officer
Phone: +41 44 722 74 25
Thomas Seiler, Chief Executive Officer
Phone: +41 44 722 74 22