Barry Callebaut AG AGM 2015: Patrick de Maeseneire elected to the Board; Dividend payout

All motions approved by shareholders

• Patrick de Maeseneire elected to the Board, will take over role as Vice Chairman
• Dividend payout of CHF 14.50 per share expected to be executed on March 2, 2016

ZURICH, 10-12-2015 — /EuropaWire/ — The ordinary Annual General Meeting 2015 of Barry Callebaut AG, the world’s leading manufacturer of chocolate and cocoa products, was held on Wednesday, December 9, 2015, in Zurich-Oerlikon under the chairmanship of Andreas Jacobs, Chairman of the Board of Directors. 1,280 shareholders attended the meeting, together representing 4,605,741 shares equaling 83.91% of the issued share capital.

All motions were adopted as proposed by the Board of Directors. Former CEO of the Barry Callebaut Group Patrick De Maeseneire was newly elected as Board members and will serve as the Vicechairman. Former CEO Juergen B. Steinemann continues to serve on the Board, his re-election was confirmed along with the re-election of Andreas Jacobs (Chairman), Andreas Schmid, Fernando Aguirre, Jakob Baer, James L. Donald, Nicolas Jacobs, Timothy E. Minges, and Wai Ling Liu for another one-year term of office.

The shareholders also adopted the proposal of the Board of Directors to change the Articles of Incorporation of Barry Callebaut, among other things changing the maximum number of Board members to 10. Furthermore, the shareholders approved the proposed payout of CHF 14.50 per share. The payout will be effected through a dividend payment from reserves from capital contributions. The payout to shareholders is expected to be executed on March 2, 2016 (“ex-date”: February 29, 2016; “record date”: March 1, 2016). The distribution of these funds to shareholders will not be subject to withholding tax and – for individuals residing in Switzerland and holding the shares as private property – income tax.

KPMG AG, Zurich, was re-elected as auditors of the company for fiscal year 2015/16.

Fiscal year 2014/15 closed on August 31, 2015.

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About Barry Callebaut Group:
With annual sales of about CHF 6.2 billion (EUR 5.6 billion / USD 6.6 billion) in fiscal year 2014/15, the Zurich-based Barry Callebaut Group is the world’s leading manufacturer of high-quality chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 50 production facilities worldwide and employs a diverse and dedicated global workforce of more than 9,000 people.

The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The two global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®.The Barry Callebaut Group is committed to sustainable cocoa production to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

Contact
For the media

Barry Callebaut AG
Bjoern Emde
Head of Media Relations
Phone: +41 43 204 03 26
E-Mail

For investors and financial analysts

Barry Callebaut AG
Evelyn Nassar
Head of Investor Relations
Phone: +41 43 204 04 23
E-Mail

SOURCE: Barry Callebaut