Ad hoc releases
Results of UBS AG's Annual General Meeting
At the Annual General Meeting on April 28, 2011, UBS shareholders reelected the members of the Board of Directors, with Joseph Yam being newly elected to the Board. The Annual General Meeting was attended by 2,077 shareholders, representing 1,520,014,923 votes.
Basel, 28 April 2011 - At the Annual General Meeting on April 28, 2011, UBS AG's shareholders approved the Annual Report and Group Financial Statements for 2010 and reaffirmed Ernst & Young Ltd., Basel, as auditors.
In a consultative vote, shareholders ratified the 2010 Compensation Report with 64.40% of the vote. They also granted discharge to the members of the Board of Directors and the Group Executive Board for 2010 (97.82%).
Elections to the Board of Directors
At the Annual General Meeting, the following Board members were reelected: Kaspar Villiger (96.96%), Michel Demaré (98.99%), David Sidwell (98.87%), Rainer-Marc Frey (98.12%), Bruno Gehrig (91.70%), Ann F. Godbehere (98.87%), Axel P. Lehmann (98.98%), Wolfgang Mayrhuber (91.12%), Helmut Panke (91.23%) and William G. Parrett (98.85%). Joseph Yam (98.69%) was newly elected to the Board.
Kaspar Villiger retains his position as Chairman of the Board of Directors, Michel Demaré as Vice Chairman and David Sidwell as Senior Independent Director, as intended by the Board members in the event of their reelection.
Detailed CVs of all the members of the Board of Directors are available at www.ubs.com/bod.
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