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Annual General Meeting
2024
Date: | April 18, 2024 |
% represented capital: | 54.7% |
% represented shares entitled to vote: | 79.5% |
Notes
- The annual review and the financial statements were approved, as were the proposed dividend of CHF 3.00 per share and the capital reduction. The dividend represented an increase of 5 centimes over the previous year.
- Shareholders approved all of the Board of Directors' proposals.
- Geraldine Matchett, previously the Co-Chief Executive Officer and CFO at DSM-Firmenich AG, a nutrition, health and beauty company, was elected to Nestlé S.A.'s Board of Directors.
- After 12 years of dedicated service to the company, Henri de Castries did not stand for re-election in light of the company’s internal term limit. On behalf of the Board, Paul Bulcke, Chairman, expressed his heartfelt gratitude to Henri de Castries for his highly appreciated services as Vice Chairman and Lead Independent Director. In addition, Kimberly A. Ross, who served on the board for six years, decided not to stand for re-election for personal reasons. The Chairman also sincerely thanked her for her many valuable contributions.
- The Chairman and all other members of the Board of Directors were re-elected for a term of office until the end of the next Annual General Meeting. Shareholders also elected the members of the Compensation Committee for a one-year term.
- They also approved the Compensation Report 2023 as well as the total compensation budgets for Nestlé's Board of Directors and Executive Board.
- Ernst & Young Ltd was re-elected as statutory auditors for the financial year 2024.
Voting results
Summary minutes of the Annual General Meeting
Press release
Speeches
Speeches by Chairman Paul Bulcke and CEO Mark Schneider.
- Watch the speeches in English | Français | Deutsch
- Transcript in English (pdf, 261Kb) | Français (pdf, 285Kb) | Deutsch (pdf, 256Kb)
Election of one new member to the Board
Geraldine Matchett
- Video presentation in English (sous-titres en français disponibles / Untertitel in Deutsch verfügbar).
- CV of Geraldine Matchett (pdf, 100Kb)
Related press release: Nestlé proposes Geraldine Matchett as new independent member of its Board of Directors
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 400Kb)
- Rapport du Conseil d'administration concernant les propositions de rémunération du Conseil d'administration et de la Direction du Groupe (pdf, 400Kb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend die Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 400Kb)
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Voting instructions
Documents
- Annual Review 2023 (pdf, 11Mb)
- Rapport annuel 2023 (pdf, 11Mb)
- Lagebericht 2023 (pdf, 11Mb)
- Corporate Governance Report 2023 (pdf, 2Mb)
- Rapport sur le Gouvernement d'entreprise 2023 (pdf, 2Mb)
- Bericht zur Corporate Governance 2023 (pdf, 2Mb)
- Financial Statements 2023 (pdf, 2Mb)
- Rapports financiers 2023 (pdf, 2Mb)
- Finanzielle Berichterstattung 2023 (pdf, 2Mb)
- Creating Shared Value and Sustainability Report 2023 (pdf, 19Mb)
2023
Date: | April 20, 2023 |
% represented capital: | 58.5% |
% represented shares entitled to vote: | 79.9% |
Notes
- The annual review and the financial statements were approved, as were the proposed dividend of CHF 2.95 per share and the capital reduction. The dividend represents an increase of 15 centimes over the previous year, marking 28 consecutive years of dividend growth.
- Nestlé S.A. shareholders approved all of the Board of Directors' proposals.
- Rainer Blair, President and CEO of Danaher Corporation, a global science and technology company, and Marie-Gabrielle Ineichen-Fleisch, former State Secretary and Director of the Swiss State Secretariat for Economic Affairs (SECO), were elected to Nestlé S.A.'s Board of Directors.
- After 10 years of Board service, Eva Cheng decided not to stand for re-election for personal reasons. On behalf of the Board, the Chairman sincerely thanked Eva Cheng for her highly relevant and valuable contributions.
- The Chairman and all other members of the Board of Directors were re-elected for a term of office until the end of the next Annual General Meeting. Shareholders also elected the members of the Compensation Committee for a one-year term.
- Shareholders also approved the total compensation budgets for Nestlé's Board of Directors and Executive Board as well as the revision to the Articles of Association.
- Ernst & Young Ltd was re-elected as statutory auditors for the financial year 2023.
Press release
Voting results
Summary minutes of the Annual General Meeting
Speeches
Speeches by Chairman Paul Bulcke and CEO Mark Schneider.
- Watch the speeches in English | Français | Deutsch
- Transcript in English (pdf, 255Kb) | Français (pdf, 279Kb) | Deutsch (pdf, 251Kb)
Election of two new members to the Board
Rainer Blair
- Video presentation in English | Français | Deutsch
- CV of Rainer Blair (pdf, 100Kb)
Marie-Gabrielle Ineichen-Fleisch
- Video presentation in English | Français | Deutsch
- CV of Marie-Gabrielle Ineichen-Fleisch (pdf, 100Kb)
Related press release: Nestlé proposes Rainer Blair and Marie-Gabrielle Ineichen-Fleisch as new independent members of its Board of Directors
Invitation
Reports of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 2Mb)
- Rapport du Conseil d'administration concernant les propositions de rémunération du Conseil d'administration et de la Direction du Groupe (pdf, 2Mb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend die Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 2Mb)
- Report of the Board of Directors on the Proposed Revision of the Articles of Association (pdf, 2Mb)
- Rapport du Conseil d'administration sur la révision proposée des statuts (pdf, 2Mb)
- Bericht des Verwaltungsrats zur beantragten Statutenrevision (pdf, 2Mb)
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Voting instructions
- Voting instructions to the Independent Representative (pdf, 200Kb)
- Instructions de vote au Représentant indépendant (pdf, 200Kb)
- Stimminstruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 200Kb)
Documents
- Annual Review 2022 (pdf, 17Mb)
- Rapport annuel 2022 (pdf, 17Mb)
- Lagebericht 2022 (pdf, 17Mb)
- Corporate Governance Report 2022 (pdf, 2Mb)
- Rapport sur le Gouvernement d'entreprise 2022 (pdf, 2Mb)
- Bericht zur Corporate Governance 2022 (pdf, 2Mb)
- Financial Statements 2022 (pdf, 2Mb)
- Rapports financiers 2022 (pdf, 2Mb)
- Finanzielle Berichterstattung 2022 (pdf, 2Mb)
- Creating Shared Value and Sustainability Report 2022 (pdf, 16Mb)
- Nestlé's 2022 Climate Risk and Impact Report (pdf, 5Mb)
2022
Date: | April 7, 2022 |
% represented capital: | 59.7% |
% represented shares entitled to vote: | 81.6% |
Notes
The annual review and the financial statements were approved, as were the proposed dividend of CHF 2.80 per share and the capital reduction. The dividend represented an increase of 5 centimes over the previous year, marking 27 consecutive years of dividend growth.
Nestlé S.A. shareholders approved all of the Board of Directors' proposals.
Luca Maestri, Chief Financial Officer at Apple, and Chris Leong, Chief Marketing Officer at Schneider Electric, were elected to Nestlé S.A.'s Board of Directors.
Ann M. Veneman retired from the Board after 11 years of highly appreciated service. Kasper Rorsted decided not to stand for re-election. On behalf of the Board, the Chairman wholeheartedly thanked Ann M. Veneman and Kasper Rorsted for their valuable contributions.
The Chairman and all other members of the Board of Directors were re-elected individually for a term of office until the end of the next Annual General Meeting. Shareholders also elected the members of the Compensation Committee for a one-year term.
Shareholders also approved the total compensation budgets for Nestlé's Board of Directors and Executive Board.
Ernst & Young Ltd was re-elected as statutory auditors for the financial year 2022.
Press release
Voting results
Summary minutes of the Annual General Meeting
Speeches
Speeches by Chairman Paul Bulcke and CEO Mark Schneider.
- Watch the speeches in English | Français | Deutsch
- Transcript in English (pdf, 350Kb) | Français (pdf, 350Kb) | Deutsch (pdf, 350Kb)
Election of two new members to the Board
Luca Maestri
- Watch the video in English | Français | Deutsch
- CV of Luca Maestri (pdf, 200Kb)
Chris Leong
- Watch the video in English | Français | Deutsch
- CV of Chris Leong (pdf, 200Kb)
Related press release: Nestlé nominates Luca Maestri and Chris Leong to join its Board of Directors
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 2Mb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 2Mb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend die Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 2Mb)
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Voting instructions
- Voting instructions to the independent representative (pdf, 200Kb)
- Instructions de vote au représentant indépendant (pdf, 200Kb)
- Stimminstruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 200Kb)
Documents
- Annual Review 2021 (pdf, 17Mb)
- Rapport annuel 2021 (pdf, 17Mb)
- Lagebericht 2021 (pdf, 17Mb)
- Corporate Governance Report 2021 (pdf, 2Mb)
- Rapport sur le Gouvernement d'entreprise 2021 (pdf, 2Mb)
- Bericht zur Corporate Governance 2021 (pdf, 2Mb)
- Financial Statements 2021 (pdf, 2Mb)
- Rapports financiers 2021 (pdf, 2Mb)
- Finanzielle Berichterstattung 2021 (pdf, 2Mb)
- Creating Shared Value and Sustainability Report 2021 (pdf, 16Mb)
- Nestlé TCFD Report 2021 (pdf, 5Mb)
2021
Date: | April 15, 2021 |
% represented capital: | 58.2% |
% represented shares entitled to vote: | 79.9% |
Notes
The annual review and the accounts were approved, as were the proposed dividend of CHF 2.75 per share and the planned capital reduction.
Nestlé S.A. shareholders approved all of the Board of Directors' proposals.
Lindiwe Majele Sibanda, a Professor and the Director and Chairwoman of the African Research Universities Alliance Centre of Excellence in Sustainable Food Systems at the University of Pretoria, South Africa, was elected to Nestlé’s Board of Directors.
Ursula Burns, a Nestlé Board member since 2017, did not stand for re-election. On behalf of the Board, the Chairman wholeheartedly thanked Ursula Burns for her expert advice, valuable perspectives and significant contributions.
The Chairman and all other members of the Board of Directors were elected individually for a term of office until the end of the next Annual General Meeting. Shareholders also elected the members of the Compensation Committee for a one-year term.
Shareholders also approved the total compensation budgets for Nestlé's Board of Directors and Executive Board. Fifteen percent of the Executive Board members' short-term bonus will be linked to the achievement of Environment Social Governance-related objectives.
Following the publication of Nestlé’s detailed, time-bound roadmap to achieve net zero greenhouse gas emissions by 2050, Nestlé sought the support of its shareholders for its plan. The advisory vote was put on this year’s agenda ahead of upcoming changes to Swiss legislation that will stipulate the requirements for non-financial reporting. Shareholders voted in favor of the roadmap
Ernst & Young Ltd was re-elected as statutory auditors for the financial year 2021.
Nestlé Chairman Paul Bulcke said, "Due to the pandemic we held our Annual General Meeting today without shareholders. I am proud of how Nestlé has proven to be reliable in these challenging times and thank our shareholders for their continued engagement and support. We look forward to seeing them again next year."
Press release
Voting results
Summary minutes of the Annual General Meeting
Speeches
Speeches by Chairman Paul Bulcke and CEO Mark Schneider.
- Watch the speeches in English | Français | Deutsch
- Transcript in English (pdf, 350Kb) | Français (pdf, 350Kb) | Deutsch (pdf, 350Kb)
Election of new member to the Board
- Video presentation of Prof. Lindiwe Majele Sibanda in English | Français | Deutsch
- CV of Lindiwe Majele Sibanda (pdf, 150Kb)
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 2Mb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 2Mb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend die Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 2Mb)
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Voting instructions
- Voting instructions to the independent representative (pdf, 200Kb)
- Instructions de vote au représentant indépendant (pdf, 200Kb)
- Stimminstruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 200Kb)
Documents
- Annual Review 2020 (pdf, 15Mb)
- Rapport annuel 2020 (pdf, 15Mb)
- Lagebericht 2020 (pdf, 15Mb)
- Corporate Governance Report 2020 (pdf, 2Mb)
- Rapport sur le Gouvernement d'entreprise 2020 (pdf, 2Mb)
- Bericht zur Corporate Governance 2020 (pdf, 2Mb)
- Financial Statements 2020 (pdf, 2Mb)
- Rapports financiers 2020 (pdf, 2Mb)
- Finanzielle Berichterstattung 2020 (pdf, 2Mb)
- Nestlé's Climate Roadmap (pdf, 10Mb)
- Feuille de route climatique de Nestlé (pdf, 10Mb)
- Nestlé Klima Aktionsplan (pdf, 10Mb)
Related information
Press release providing updates on Annual General Meeting 2021
- Nestlé nominates Lindiwe Majele Sibanda to join its Board of Directors, provides update on Annual General Meeting (pdf, 150Kb)
- Nestlé propose la candidature de Lindiwe Majele Sibanda au Conseil d’administration et donne des précisions sur son Assemblée générale 2021 (pdf, 150Kb)
- Nestlé schlägt Lindiwe Majele Sibanda als Mitglied des Verwaltungsrats vor und informiert über die bevorstehende ordentliche Generalversammlung (pdf, 150Kb)
2020
Date: | April 23, 2020 |
Place: | Beaulieu - Lausanne, Switzerland |
% represented capital: | 57.8% |
% represented shares entitled to vote: | 80.1% |
Notes
The annual review and the accounts were approved, as were the proposed dividend of CHF 2.70 per share and the planned capital reduction.
All proposals of the Board of Directors were approved with strong majorities.
The shareholders elected Ms Hanne Jimenez de Mora, Co-founder and Chairperson of management consulting company a-connect (group) ag and formerly a partner with McKinsey & Company, as a new member of the Board.
Mr Beat W. Hess did not stand for re-election to the Board after twelve years of dedicated service. On behalf of the Board, the Chairman warmly thanked Mr Hess for his highly appreciated advice and important contributions as director.
The shareholders elected the Chairman and all other members of the Board of Directors individually for a term of office until the end of the next Annual General Meeting. They also elected the members of the Compensation Committee for a one-year term.
The shareholders approved prospectively the total compensation of the Board of Directors and the Executive Board. They also accepted the Nestlé Compensation Report 2019 in an advisory vote.
Furthermore, Ernst & Young Ltd was appointed as auditors for the 2020 financial statements of Nestlé S.A. and the consolidated financial statements of the Nestlé Group.
Nestlé Chairman Paul Bulcke said: "Our Annual General Meeting at Lausanne-Beaulieu took place today as planned, although unfortunately without the presence of shareholders. I am truly sorry that we were unable to meet in person this year because of the pandemic that is affecting us all. I want to thank our shareholders for their understanding and for their continued trust and support of our company. I very much look forward to seeing them in person again next year under normal circumstances."
Press release
Voting results
Summary minutes of the Annual General Meeting
Speeches
Speeches by Chairman Paul Bulcke and CEO Mark Schneider.
- Watch the speeches in English | Français | Deutsch
- Transcript in English (pdf, 350 Kb) | Français (pdf, 350 Kb) | Deutsch (pdf, 350 Kb)
Election of new independent director to the Board
- Video presentation of Hanne Jimenez de Mora in English | Français | Deutsch
- CV of Hanne Jimenez de Mora (pdf, 150Kb)
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 2Mb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 2Mb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend der Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 2Mb)
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Voting instructions
- Voting instructions to the independent representative (pdf, 200Kb)
- Instructions de vote au représentant indépendant (pdf, 200Kb)
- Stimminstruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 200Kb)
Documents
- Annual Review 2019 (pdf, 15Mb)
- Rapport annuel 2019 (pdf, 15Mb)
- Lagebericht 2019 (pdf, 15Mb)
- Corporate Governance Report 2019 (pdf, 2Mb)
- Rapport sur le Gouvernement d’entreprise 2019 (pdf, 2Mb)
- Bericht zur Corporate Governance 2019 (pdf, 2Mb)
- Financial Statements 2019 (pdf, 2Mb)
- Rapports financiers 2019 (pdf, 2Mb)
- Finanzielle Berichterstattung 2019 (pdf, 2Mb)
Related information
Press release related to the decision to hold the Annual General Meeting without the attendance of shareholders.
- Nestlé S.A. maintains date of Annual General Meeting, changes format in light of coronavirus (pdf, 100Kb)
- Nestlé S.A. maintient la date de son Assemblée générale, mais modifie le format en raison du coronavirus (pdf, 100Kb)
- Nestlé AG behält Datum der Generalversammlung bei, ändert Format angesichts des Coronavirus (pdf, 100Kb)
2019
Date: | April 11, 2019 |
Place: | Beaulieu - Lausanne, Switzerland |
Number of shareholders attending: | 1830 |
% representing capital: | 56.7% |
% representing shares entitled to vote: | 79.6% |
Notes
The annual review and the accounts were approved. The shareholders further approved the proposed dividend of CHF 2.45 per share and the proposed capital reduction.
All proposals of the Board of Directors were approved with strong majorities.
The shareholders elected Dick Boer, former President and CEO of Ahold Delhaize N.V., and Dinesh Paliwal, President and CEO of Harman International Industries Inc., a subsidiary of Samsung Electronics Co., Ltd., as new members of the Board. Two directors, Jean-Pierre Roth and Ruth Oniang’o, did not stand for re-election as they have reached the age limit set out in the Board Regulations. The Board warmly thanked them for their highly appreciated services and important contributions as directors.
The shareholders elected the Chairman and all other members of the Board of Directors individually for a term of office until the end of the next Annual General Meeting.
he shareholders approved prospectively the total compensation of the Board of Directors and the Executive Board. They also accepted the Nestlé Compensation Report 2018 in an advisory vote.
In his address to the meeting, Nestlé Chairman Paul Bulcke said: "In today’s context, Nestlé’s Nutrition, Health and Wellness strategy is more relevant than ever. It clearly meets the needs and tastes of our consumers and society. It can also help address one of the major challenges we will be facing by 2050: to feed a global population of 10 billion people in a healthy and sustainable manner." He added: "This strategy is inspired by the purpose that has driven Nestlé for over 150 years: enhancing quality of life and contributing to a healthier future. We are a company that operates on the basic principle that we do business to create shared value. Value for you, our shareholders, and value for society."
Commenting on the past year, Nestlé CEO Mark Schneider said: "Our continuous efforts over the past years are bearing fruit. Organic growth and profitability improved significantly. We also took important decisions which led to a sharpening of our strategy focused on food, beverages and nutritional health products.” Speaking about the various sustainability initiatives launched last year, he highlighted Nestlé’s commitment to tackle plastic waste: "We have a strong commitment to the environment. Tackling plastic pollution is an urgent priority for us. It requires a broad set of well-coordinated actions and sustained effort. There is no simple solution to this complex problem."
Speeches
Read the Chairman and CEO addresses:
Press release
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 500Kb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 500Kb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend der Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 500Kb)
Nomination of two new independent directors for election to the Board
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Voting instructions
- Voting instructions to the independent representative (pdf, 100Kb)
- Instructions de vote au représentant indépendant (pdf, 100Kb)
- Stimminstruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 100Kb)
Documents
- Annual Review 2018 (pdf, 10Mb)
- Rapport annuel 2018 (pdf, 10Mb)
- Lagebericht 2018 (pdf, 10Mb)
- Corporate Governance Report 2018 (pdf, 2Mb)
- Rapport sur le Gouvernement d’entreprise 2018 (pdf, 2Mb)
- Bericht zur Corporate Governance 2018 (pdf, 2Mb)
- Financial Statements 2018 (pdf, 1Mb)
- Rapports financiers 2018 (pdf, 1Mb)
- Finanzielle Berichterstattung 2018 (pdf, 1Mb)
Voting results
Summary minutes of the Annual General Meeting
2018
Date: | April 12, 2018 |
Place: | Beaulieu - Lausanne, Switzerland |
Number of shareholders attending: | 1988 |
% representing capital: | 54.6% |
% representing shares entitled to vote: | 78.2% |
Notes
The annual review and the accounts were approved. The shareholders further approved the proposed dividend of CHF 2.35 per share and the proposed capital reduction.
All proposals of the Board of Directors were approved with strong majorities.
The shareholders elected Pablo Isla, CEO of Inditex; Kasper Rorsted, CEO of adidas; and Kimberly A. Ross, former CFO of Baker Hughes, as new members of the Board. Three directors, Andreas Koopmann, Steven G. Hoch, and Naïna Lal Kidwai, did not stand for re-election as they have reached the term limit. The Board warmly thanked them for their highly appreciated services and important contributions as directors.
The shareholders elected the Chairman and all other members of the Board of Directors individually for a term of office until the end of the next Annual General Meeting. Henri de Castries, lead independent director, was appointed as Vice-Chairman of the Board.
The shareholders approved prospectively the total compensation of the Board of Directors and the Executive Board. They also accepted the Nestlé Compensation Report 2017 in an advisory vote.
In his address to the meeting, Nestlé Chairman Paul Bulcke emphasized: "Nestlé's long-term orientation comes from the belief that we must constantly anticipate, adapt and invest to prepare for the future. It is through permanent innovation and by investing for the future that our company will continue to develop in a sustainable and profitable way." He also highlighted Nestlé's roots in its home country: "The relationship between Nestlé and Switzerland is deep and mutually beneficial. Nestlé will continue to ensure a good balance between its roles as a business and as a corporate citizen at the national, regional and local levels."
Nestlé CEO Mark Schneider said: "Nestlé keeps innovating and developing its product portfolio to meet changing consumer demands and lifestyles. We are acting with a great sense of urgency, but also with prudence and always in line with our nutrition, health and wellness strategy. With this approach we target faster growth and greater profitability, in line with our 2020 objectives."
Speeches
Read the Chairman and CEO addresses:
Press releases
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 1Mb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 1Mb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend der Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 1Mb)
Voting instructions
- Voting instructions to the independent representative (pdf, 85Kb)
- Instructions de vote au représentant indépendant (pdf, 85Kb)
- Stimminstruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 85Kb)
Nomination of three new independent directors for election to the Board
- Pablo Isla (pdf, 150Kb) - Chief Executive Officer of Inditex
- Kasper Rorsted (pdf, 100Kb) - Chief Executive Officer of adidas
- Kimberly A. Ross (pdf, 100Kb) - former Chief Financial Officer of Baker Hughes
Board of Directors
All biographies can be viewed in the Board of Directors section of the website (English).
Documents
- Annual Review 2017 (pdf, 13Mb)
- Rapport annuel 2017 (pdf, 13Mb)
- Lagebericht 2017 (pdf, 13Mb)
- Corporate Governance Report 2017 (pdf, 2Mb)
- Rapport sur le Gouvernement d’entreprise 2017 (pdf, 2Mb)
- Bericht zur Corporate Governance 2017 (pdf, 2Mb)
- Financial Statements 2017 (pdf, 1Mb)
- Rapports financiers 2017 (pdf, 1Mb)
- Finanzielle Berichterstattung 2017 (pdf, 1Mb)
Voting results
Summary minutes of the Annual General Meeting
2017
Date: | April 6, 2017 |
Place: | Lausanne |
Number of shareholders attending: | 2,706 |
% representing capital: | 55.60% |
% representing shares entitled to vote: | 76.80% |
Notes
The annual review and the accounts were approved and the shareholders agreed to the discharge of the Board of Directors and the Management. The shareholders further approved the proposed dividend of CHF 2.30 per share.
All proposals of the Board of Directors were approved with strong majorities. The shareholders elected the members of the Board of Directors individually, for a term of office until the end of the next Annual General Meeting.
After serving the company for almost 50 years, including 11 years as CEO and 12 years as Chairman, Peter Brabeck-Letmathe did not stand for re-election after reaching the mandatory retirement age. The Board of Directors thanked him warmly for his many years of service to Nestlé and appointed him as Chairman Emeritus. As such he will be available for advice upon request.
The Board of Directors thanked Paul Bulcke for his nine years of service as CEO of Nestlé. The shareholders elected Paul Bulcke as Chairman of the Board of Directors. They further elected Nestlé CEO Ulf Mark Schneider and Ursula M. Burns, Chairman of the Board of Xerox Corporation, as new members of the Board.
The shareholders approved prospectively the total compensation of the Board of Directors and the Executive Board in binding votes. They also accepted the Nestlé Compensation Report 2016 in a separate advisory vote.
The Board decided to appoint Henri de Castries as Lead Independent Director, who will chair Board meetings and in camera sessions when the Chairman is not present or conflicted.
In his address to the meeting, Nestlé Chairman Peter Brabeck-Letmathe said: "At a time when we are seeing more and more consolidation and drastic cost cuts in our industry, it is important to reaffirm Nestlé’s drive to create value through growth. Growth that is sustainable and profitable. In order to be able to invest for growth, particularly through innovation and renovation, we will have to increase our operational efficiency to free up the resources we need.”
He concluded: “I would like to thank the Board of Directors for their commitment, their expertise and their support. I would also like to thank you, the shareholders, for your loyalty and commitment to Nestlé. Over the past 20 years, I have had the honour and the pleasure to lead and then to chair our wonderful company. Throughout all these years, you have given me your support and your trust. I sincerely appreciate that.”
On his election as Chairman, Paul Bulcke said: “I would like to thank you for the trust you have put in me by electing me as Chairman, a great responsibility and even greater motivation. I will continue to put my experience and knowledge at the service of Nestlé, leading the Board and supporting Ulf Mark Schneider as he takes the company forward as CEO.”
After reviewing the Group’s 2016 results, Nestlé CEO Ulf Mark Schneider said: “Continuity and change. These two words describe the way forward for Nestlé. Continuity - building on the strong nutrition, health and wellness strategy of our company. Change - increasing our speed and simplifying the way we work.”
He added: “We at Nestlé believe that sustained value creation is the result of both growth and operating efficiency. These are my two priorities for the company. Together with a healthy sense of urgency, they will ensure the continued success of Nestlé. I am confident that Nestlé has what it takes to be successful: a robust strategy, unparalleled global reach, industry-leading expertise and, above all, our people - the thousands of colleagues around the world who make Nestlé.”
After reviewing the long and successful career of Peter Brabeck-Letmathe at Nestlé, Vice-Chairman of the Board Andreas Koopmann said: “For all of these achievements, Mr Chairman, allow me on behalf of the Board of Directors, the Executive Board, the employees, and – I am sure – the vast majority of shareholders present, to simply say: thank you very much.”
Speeches
Read the Chairman and CEO addresses:
- Speeches (pdf, 150 Kb)
- Discours (pdf, 150 Kb)
- Ansprachen (pdf, 150 Kb)
- Presentation - available in French only (pdf, 6 Mb)
Read the message from Andreas Koopmann, Vice-Chairman of the Board of Directors, on the occasion of Peter Brabeck-Letmathe’s end of term of office as Chairman:
Press release
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 200 Kb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 200 Kb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend der Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 200 Kb)
Proxies and voting instructions
- Proxy and voting instructions to the independent representative (pdf, 150 Kb)
- Procuration et instructions de vote au représentant indépendant (pdf, 150 Kb)
- Vollmacht und Instruktionen an den unabhängigen Stimmrechtsvertreter (pdf, 150 Kb)
Board of Directors
All biographies can be viewed in the Board of Directors section of the website.
Related information
View other languages in Publications
Voting results
Summary minutes of the Annual General Meeting
2016
Date: | April 7, 2016 |
Place: | Lausanne |
Number of shareholders attending: | 2,853 |
% representing capital: | 53.39% |
% representing shares entitled to vote: | 75.17% |
Notes
The annual review and the accounts were approved and the shareholders agreed to the discharge of the Board of Directors and the Management. The shareholders further approved the proposed dividend of CHF 2.25 per share.
All proposals of the Board of Directors were approved with strong majorities.
The shareholders elected all members of the Board of Directors individually, for a term of office until the end of the next Annual General Meeting. Daniel Borel was not standing for re-election. The Board thanked him for his highly appreciated services provided to Nestlé.
The shareholders elected Peter Brabeck-Letmathe as Chairman of the Board of Directors and elected each member of the Compensation Committee individually.
The shareholders approved prospectively the total compensation of the Board of Directors and the Executive Board in binding votes. They also accepted the Nestlé Compensation Report 2015 in a separate advisory vote.
Furthermore the shareholders approved the cancellation of 76,240,000 shares repurchased under the share buy-back programme, and the reduction of the share capital to CHF 311,216,000.
In his address to the meeting Nestlé Chairman Peter Brabeck-Letmathe reminded the audience that "by being a Nestlé shareholder, as well as investing in a company capable of guaranteeing you a first-rate financial return, you are also putting your faith in a company that is having a positive impact on society and in its future."
Mr Brabeck said 2015 will probably be regarded as a landmark year in matters of sustainable development, with the publication of the United Nations 'Sustainable Development Goals' for 2030. These have the potential "to make a real impact in the coming years. This is something we at Nestlé are pleased with and commit to actively contribute to”, the Chairman explained.
After reviewing the Group’s 2015 results, Nestlé CEO Paul Bulcke underlined: “We delivered this performance in 2015 while at the same time continuing to invest substantially in the future, in research and development, in our brands and our new health and nutrition platforms as well as in our organisation and our employees. In this way, we ensure that we have the right initiatives, skills and expertise to grasp the numerous opportunities around us to continue to deliver profitable growth. It is this balance between delivering today and building for the future that characterises Nestlé.”
He concluded: “We are aware of the many challenges ahead, but also of the numerous opportunities and we are organising ourselves to grasp these. All of us, the men and women who make Nestlé, we commit each day, all over the world, to continue to make Nestlé the world leader in nutrition, health and wellness.”
Speeches
Read the Chairman and CEO addresses:
Press release
Board of Directors
All biographies can be viewed in the Board of Directors section of the website.
Invitation
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 200 Kb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 200 Kb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend die Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 200 Kb)
Related information
View other languages in Publications
Voting results
2015
Date: | April 16, 2015 |
Place: | Lausanne |
Number of shareholders attending: | 2,446 |
% representing capital: | 52.7% |
% representing shares entitled to vote: | 73.5% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the discharge of the Board of Directors and the Management. The shareholders further approved the proposed dividend of CHF 2.20 per share.
All proposals of the Board of Directors were approved with strong majorities.
In line with legal requirements for listed Swiss companies, the shareholders elected each member of the Board of Directors individually, for a term of office until the end of the next Annual General Meeting. Titia de Lange and Rolf Hänggi were not standing for re-election. The Board thanked them for their highly appreciated services provided to Nestlé. Shareholders elected Ruth Khasaya Oniang’o, Patrick Aebischer and Renato Fassbind as new members of the Board of Directors.
The shareholders elected Peter Brabeck-Letmathe as Chairman of the Board of Directors and elected each member of the Compensation Committee individually.
In line with the new Swiss corporate law, the shareholders approved prospectively the total compensation of the Board of Directors and the Executive Board in binding votes. They also accepted the Nestlé Compensation Report 2014 in a separate advisory vote. Furthermore, the shareholders approved the cancellation of 36'400'000 shares repurchased under Nestlé’s ongoing share buy-back programme, and the reduction of the share capital to CHF 318'840'000.
In his address to the meeting, Nestlé Chairman Peter Brabeck-Letmathe highlighted the legal insecurity resulting from various Swiss political decisions. In particular, he mentioned the new Swiss company law proposal which includes yet again a new compensation regulation, a quota of women for executive boards and a special procedural law for the economy. He concluded: “Given the challenges that the country is currently facing, it is all the more unsettling that this is all happening in an area in which Switzerland is doing rather well. It is high time it was ensured that all new legislation is in fact necessary, meaning there should be checks as to whether there is an urgent need for regulation and that it is proportionate, or in other words: whether it stands up to a detailed cost-benefit analysis. […] What we need is a political and legal environment in Switzerland that guarantees our company a stable framework. In the past, this was always one of the major assets of this country and we should do everything we can to preserve it.”
Speeches
Read the Chairman and CEO addresses:
News release
Board of Directors
All our biographies can be viewed in the Board of Directors section of the website.
Invitations
Report of the Board of Directors
- Report of the Board of Directors on the proposals for the compensation of the Board of Directors and of the Executive Board (pdf, 360 Kb)
- Rapport du Conseil d’administration concernant les propositions de rémunération du Conseil d’administration et de la Direction du Groupe (pdf, 370 Kb)
- Bericht des Verwaltungsrats zu den Anträgen betreffend die Vergütung des Verwaltungsrats und der Konzernleitung (pdf, 370 Kb)
Corporate governance report 2014 (including Compensation Report and Articles of Association)
- Corporate governance report 2014 including Compensation Report and Articles of Association (pdf, 3 Mb)
- Rapport sur le Gouvernement d’entreprise 2014 avec Rapport de rémuneration et Statuts de Nestlé S.A. (pdf, 3 Mb)
- Bericht zur Corporate Governance 2014, einschliesslich Vergütungsbericht und Satuten der Nestlé AG (pdf, 3 Mb)
Voting results
- Résultats des votations de l'Assemblée Générale 2015 (pdf, 150 Kb)
Summary minutes of the AGM:
2014
Date: | April 10, 2014 |
Place: | Lausanne |
Number of shareholders attending: | 2708 |
% representing capital | 47.26% |
% representing shares entitled to vote: | 66.31% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the release of the Board of Directors and the Management. The Nestlé Compensation Report was accepted in a separate advisory vote, in line with the Swiss Code of Best Practice for Corporate Governance. The shareholders further approved the proposed dividend of CHF 2.15 per share. Lastly, the shareholders approved the amendment of the Articles of Association, revised in line with new legal requirements for listed Swiss companies.
All proposals of the Board of Directors were approved with strong majorities.
In line with new legal requirements for listed Swiss companies, the shareholders elected each member of the Board of Directors individually, for a term of office until the end of the next Annual General Meeting. Jean-Pierre Meyers was not standing for re-election. The Board thanked him for his highly appreciated services provided to Nestlé over the past 23 years. Furthermore, the shareholders elected Peter Brabeck-Letmathe as Chairman of the Board of Directors and elected each member of the Compensation Committee individually.
In his address to the meeting, Nestlé Chairman Peter Brabeck-Letmathe highlighted the consequences of the “Minder Initiative” on the governance of Swiss companies. These include the increased influence of shareholders, in particular in relation to compensation, and the greater accountability of the Chairman and the members of the Compensation Committee, who are now elected directly by shareholders. Other consequences, however, were unintended, such as the transfer of power from Boards of Directors with a strong Swiss presence to more international shareholders and proxy advisers. “In our case, almost two-thirds of our shares with voting rights are held by persons who are domiciled outside Switzerland. Therefore, for most of the Swiss multinationals, the new legislation will mean a not insignificant transfer of power abroad”, he said.
Speeches
Read the speeches of the Chairman and the CEO:
Invitation
Board of Directors
All our biographies can be viewed in the Board of Directors section of the website.
Report of the Board of Directors
- Report of the Board of Directors on the Revision of the Articles of Association (pdf, 185 Kb)
- Rapport du Conseil d’administration sur la révision des Statuts (pdf, 195 Kb)
- Bericht des Verwaltungsrates zur Revision der Statuten (pdf, 204 Kb)
Articles of Association
Articles of Association amended by the Annual General Meeting of 10 April 2014:
Voting results
Summary of voting results:
Summary minutes of the AGM:
Related information
2013
Date: | April 11, 2013 |
Place: | Lausanne |
Number of shareholders attending: | 2998 |
% representing capital | 49.78% |
% representing shares entitled to vote: | 70.64% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the release of the Board of Directors and the Management. The Nestlé Compensation Report was accepted in a separate advisory vote, in line with the Swiss Code of Best Practice for Corporate Governance. The shareholders further approved the proposed dividend of CHF 2.05 per share. All proposals of the Board of Directors were approved with strong majorities.
Shareholders re-elected Mr Peter Brabeck-Letmathe, Mr Steven G. Hoch, Ms Titia de Lange and Mr Jean-Pierre Roth to the Board, each for a further term of three years, and elected Ms Eva Cheng as a new member of the Board for a three-year term. Ms Cheng is the former Corporate Executive Vice President responsible for Greater China and Southeast Asia Region of Amway Corporation, a U.S. based global consumer product company. Mr André Kudelski who had reached the end of his third term was not standing for re-election. The Board thanked him for his highly appreciated services provided to Nestlé over the past twelve years.
At the meeting, Nestlé Chairman Peter Brabeck-Letmathe highlighted Nestlé’s commitment to Switzerland: “Nestlé’s production in Switzerland accounts for roughly 5% of global turnover, of which nearly 80% is exported. Of our 339,000 employees worldwide, more than 10,000 are employed in Switzerland. This modest share should not belittle the fact that over the last ten years, we have created 3,500 jobs in Switzerland, at a time when employment in the food industry has been stagnant. We have invested significantly here in this country, more than CHF 3.2 billion over the last ten years. More than 60% of our worldwide R&D expenditure is in Switzerland.”
Agenda
Speeches
Read the Chairman and CEO addresses.
- Transcripts: English (pdf, 172 Kb) | Français (pdf, 179 Kb) | Deutsch (pdf, 182 Kb)
Board of Directors
All our biographies can be viewed in the Board of Directors section of the website.
- Elected: Ms Eva Cheng
- Re-elected: Mr Peter Brabeck-Letmathe, Mr Steven G. Hoch, Ms Titia de Lange and Mr Jean-Pierre Roth
Summary of voting results
Summary minutes of the AGM
Annual General Meeting 2013 summary minutes (pdf, 93 Kb)
Procès-verbal résumé de l’Assemblée Générale 2013 (pdf, 85 Kb)
Kurzprotokoll der Generalversammlung 2013 (pdf, 86 Kb)
Procès-verbal résumé de l’Assemblée Générale 2013 (pdf, 85 Kb)
Kurzprotokoll der Generalversammlung 2013 (pdf, 86 Kb)
Related information
- Annual Report 2012 (pdf, 6 Mb)
- Financial Statements 2012 (pdf, 6 Mb)
- Corporate Governance report 2012 (pdf, 3 Mb)
- Nestlé in Society : Creating Shared Value and meeting our commitments 2012 (pdf, 3 Mb)
2012
Date: | April 19, 2012 |
Place: | Lausanne |
Number of shareholders attending: | 2689 |
% representing capital | 39.689% |
% representing shares entitled to vote: | 61.134% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the release of the Board of Directors and the Management. The Nestlé Compensation Report was accepted in a separate advisory vote, in line with the Swiss Code of Best Practice for Corporate Governance. The shareholders further approved the proposed dividend of CHF 1.95 per share, and agreed to the capital reduction. All proposals of the Board of Directors were approved with strong majorities.
Shareholders re-elected Mr Daniel Borel to the Board for a further term of three years and elected Mr Henri de Castries as a new member of the Board for a three-year term. Mr de Castries is the Chairman and Chief Executive Officer of the AXA Group. He had a distinguished career in the French Finance Ministry before taking on several important executive roles within the AXA Group. The Board thanked Ms Carolina Müller-Möhl and Mr Jean-René Fourtou, who were not standing for re-election, for their highly appreciated services provided to Nestlé over the past years.
At the meeting, Nestlé Chairman Peter Brabeck-Letmathe highlighted Nestlé’s constant strong performance over time: “Our growth drive has not once been interrupted in spite of a very difficult external environment. Over the last years, Nestlé has created CHF 85 billion of additional shareholder value.” He also underlined that Nestlé today is the largest company by sales and market capitalisation in the fast moving consumer goods industry worldwide.
Agenda
Board of Directors
All biographies can be viewed in the Board of Directors section of the website.
- Re-elected: Mr Daniel Borel
- Elected: Mr Henri de Castries
Summary of voting results
Summary minutes of the AGM
Shareholder survey
Speeches (Transcripts)
Related information
2011
Date: | April 14, 2011 |
Place: | Lausanne |
Number of shareholders attending: | 2659 |
% representing capital | 37.065% |
% representing shares entitled to vote: | 59.868% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the release of the Board of Directors and the Management. The Nestlé Compensation Report was accepted in a separate advisory vote, in line with the Swiss Code of Best Practice for Corporate Governance. The shareholders further approved the proposed dividend of CHF 1.85 per share, an increase of 15.6 percent over last year, and agreed to the capital reduction. All proposals of the Board of Directors were approved with strong majorities.
Shareholders re-elected Messrs. Paul Bulcke, Andreas Koopmann, Rolf Hänggi, Jean-Pierre Meyers, Mrs Naina Lal Kidwai and Mr Beat Hess for further terms of three years to the Board. The Annual General Meeting further elected Ms Ann Veneman as a new member of the Board for a three-year term.
Agenda
Board of Directors
All biographies can be viewed in the Board of Directors section of the website.
Re-elected:
Paul BULCKE
Andreas KOOPMANN
Rolf HÄNGGI
Jean-Pierre MEYERS
Naïna LAL KIDWAI
Beat HESS
Elected:
Speeches (Transcripts)
Related information
Summary of AGM voting results
Summary minutes of the Annual General Meeting
2010
Date: | April 15, 2010 |
Place: | Lausanne |
Number of shareholders attending: | 2640 |
% representing capital | 34.836% |
% representing shares entitled to vote: | 56.762% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the release of the Board of Directors and the Management. The Nestlé Compensation Report was accepted in a separate advisory vote, in line with the Swiss Code of Best Practice for Corporate Governance. The shareholders further approved the proposed dividend increase to CHF 1.60 per share, an increase of 14.3 percent over last year, and agreed to the capital reduction. All proposals of the Board of Directors were approved with strong majorities.
Shareholders re-elected Messrs. Peter Brabeck-Letmathe, Steven G. Hoch and André Kudelski for further terms of three years. Mr Jean-René Fourtou, due to the age limit set out in the Board Regulations, was re-elected for a two-year term. The Annual General Meeting further elected Ms Titia de Lange and Mr Jean-Pierre Roth as new members of the Board, each for a three-year term.
Agenda
The Agenda and Proposals discussed were the following:
Board of Directors
All biographies can be viewed in the Board of Directors section of the website.
Elected:
Titia de LANGE
Jean-Pierre ROTH
Re-elected:
André KUDELSKI
Jean-René FOURTOU
Steven G. HOCH
Peter BRABECK-LETMATHE
Speeches (Transcripts)
Related information
Corporate Governance Report 2009 including Compensation Report 2009 (pdf, 312 Kb)
Shareholder survey
Detailed voting results
2009
Date: | April 23, 2009 |
Place: | Lausanne |
Number of shareholders attending: | 2576 |
% representing capital | 50.78% |
% representing shares entitled to vote: | 52.84% |
Notes
The annual report and the accounts were approved and the shareholders agreed to the release of the Board of Directors and the Management.
Shareholder survey
After the event a questionnaire was submitted to the shareholders present to ask for their input on the current set-up and possible improvements to the Annual General Meeting, in line with our shareholders’ interests.
Read the key conclusions of the shareholder survey:
Nestlé Compensation Report
For the first time at an Annual General Meeting the Nestlé Compensation Report was submitted for acceptance in a separate advisory vote, in line with the Swiss Code of Best Practice for Corporate Governance. The shareholders further approved the proposed dividend increase to CHF 1.40 per share, an increase of 14.8 percent over last year, and agreed to the capital reduction. All proposals of the Board of Directors were voted with strong majorities.
Lord George
It was with sadness and regret that Nestlé Chairman Peter Brabeck-Letmathe informed shareholders at the Annual General Meeting of the untimely death of Lord George, Member of the Board of Directors, on 18 April 2009. Lord George was first elected to the Nestlé Board of Directors in 2004 and he was due to retire at the end of his present term in 2011. His expertise, judgement and wisdom were respected throughout the academic, economic and political world and immensely valued by Nestlé.
Board of Directors
Shareholders re-elected Carolina Müller-Möhl and Daniel Borel as members of the Board of Directors for a three-year term. Due to the age limit set forth in the Board Regulations, Professor Günter Blobel did not stand for re-election. Kaspar Villiger did not stand for re-election, following his nomination to the position of Chairman of UBS. The Board extends its gratitude to Mr Villiger and Professor Blobel for their highly appreciated services as members of the Board and its committees.
Strategy
At the meeting, Nestlé Chairman Peter Brabeck-Letmathe said: “In this period of economic and social turbulence, a strong, long-term orientation, clear strategies and disciplined implementation based on solid values are more important than ever. It is our firm conviction that in order to create sustainable value for our company, we must create value for society as a whole. Indeed, next Monday, we will be presenting our concept of Creating Shared Value at a high-level forum in New York.” Nestlé CEO Paul Bulcke added: “We believe that our strategy places us in a good position, and is all the more appropriate in difficult times. Not only does it give us excellent defensive characteristics, it also creates a platform for profitable growth that has proven itself to be one of the most vigorous in the industry. This will continue to guide and inspire our success through the present economic downturn.”
Committees
For the year to come, the Board and its different Committees will be composed as follows:
Board of Directors
Peter Brabeck-Letmathe, Paul Bulcke, Andreas Koopmann, Rolf Hänggi, Daniel Borel, Jean-Pierre Meyers, André Kudelski, Carolina Müller-Möhl, Jean-René Fourtou, Steven G. Hoch, Naina Lal Kidwai, Beat Hess
Chairman's and Corporate Governance Committee
Peter Brabeck-Letmathe, Paul Bulcke, Andreas Koopmann, Rolf Hänggi, Jean-René Fourtou
Compensation Committee
Daniel Borel, Andreas Koopmann, Jean-Pierre Meyers, Jean-René Fourtou
Nomination Committee
Andreas Koopmann, Peter Brabeck-Letmathe, Carolina Müller-Möhl, Steven G. Hoch
Audit Committee
Rolf Hänggi, André Kudelski, Naina Lal Kidwai, Beat Hess
Agenda
The Agenda and Proposals discussed were the following:
Speeches (Transcripts)
The speeches made by Mr Brabeck-Letmathe, Chairman and Mr. Bulcke CEO, are available:
- Mr Brabeck-Letmathe, Chairman and Mr Bulcke CEO: English (pdf, 119 Kb)
- Mr Brabeck-Letmathe: Français (pdf, 47 Kb), Deutsch (pdf, 48 Kb)
- Mr Bulcke: Français (pdf, 32 Kb), Deutsch (pdf, 32 Kb)
Detailed voting results
2008
Date: | April 10, 2008 |
Place: | Lausanne |
Number of shareholders attending: | 2570 |
% representing capital | 34.89% |
% representing shares entitled to vote: | 53.28% |
Notes
All proposals of the Board of Directors were approved with strong majorities.
Agenda
The Agenda and Proposals discussed were the following:
Speech (Transcript)
The speech made by Mr Brabeck, Chairman and CEO of Nestlé, is available:
Press release
The press release issued after the event is also available.
Detailed voting results
2007
Date: | April 19, 2007 |
Place: | Lausanne |
Number of shareholders attending: | 2405 |
% representing capital | 48.97% |
% representing shares entitled to vote: | 53.28% |
Notes
All proposals of the Board of Directors were approved with strong majorities.
Agenda
The Agenda and Proposals discussed were the following:
Speech (Transcript)
The speech by Peter Brabeck-Letmathe, Chairman & CEO of Nestlé:
Press release
The press release issued after the event
Detailed voting results
2006
Date: | April 6, 2006 |
Place: | Lausanne |
Number of shareholders attending: | 2292 |
% representing capital | 33.66% |
% representing shares entitled to vote: | 52.84% |
Notes
All proposals of the Board of Directors were approved with strong majorities.
Agenda
The Agenda and Proposals discussed were the following:
Board of Directors
Naina Lal Kidwai, Steven George Hoch and Jean-René Fourtou were proposed and elected as new members of the Board of Directors.
Speeches (Transcript)
Speech by Mr Brabeck-Letmathe, Chairman & CEO of Nestlé:
Press release
Press release issued after the event
Detailed voting results
Contact
Nestlé S.A.
Share Registry
Zugerstrasse 8
6330 Cham
Switzerland
Phone: +41 41 785 2020
Fax: +41 41 785 2024
Email: [email protected]
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