austriamicrosystems’ Annual General Meeting elects new members to the Supervisory Board and resolves to carry forward the balance sheet profit
Unterpremstaetten, Austria (April 2, 2009) — The Annual General Meeting of austriamicrosystems AG (SWX: AMS), a leading worldwide designer and manufacturer of high performance analog ICs for communications, industry & medical and automotive applications, today elected new members to the company’s Supervisory Board which consists of six elected members and three employee representatives going forward. Besides Supervisory Board Chairman Guido Klestil and the two Deputy Chairmen Prof. Siegfried Selberherr and Hans Jörg Kaltenbrunner the elected Supervisory Board comprises of members Klaus Iffland, Michael Grimm and Dr. Kurt Berger. Günter Kneffel, Johann Eitner and Dr. Günter Koppitsch are delegated as employee representatives to the Supervisory Board.
In addition, a motion to carry forward the distributable balance sheet profit was approved instead of distributing a dividend for fiscal year 2008. The authorization to buy back shares was amended. The approved share buy back authorization allows austriamicrosystems to buy back shares on the stock exchange for a minimum price of CHF 1 up to a total of 10% of its paid-in capital within the coming 30 months. The other items on the agenda were also approved.