Rieter

A leading global supplier for textile machinery and components used in short-staple fiber spinning

A leading global supplier for textile machinery and components used in short-staple fiber spinning

The global provider of components for all spinning processes

Yarns that follow fashion

Rieter offers attractive positions around the world

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04/18/2013 - Rieter General Assembly Approves All Board Proposals

The 122st Annual General Meeting of Rieter Holding Ltd shareholders today approved all proposals by the Board of Directors. Shareholders voted Dr. Dieter Spälti to the Board of Directors for another 3-year term of office, and approved a dividend payment of 2.50 CHF per registered share.

The 122st Annual General Meeting of Rieter Holding Ltd was attended by 576 shareholders representing 46.5 % of share capital. They approved all Board proposals, the Annual Report with the annual accounts and consolidated financial statements for 2012, and formal discharge of the Board of Directors and Group Executive Committee members for the business year 2012. Consultative approval of the Compensation Report was confirmed by a 79.68 % majority of those present. A dividend of 2.50 CHF per registered share was approved for payment from capital reserves without deduction of withholding tax.

Shareholders voted Dr. Dieter Spälti to the Board of Directors for another 3-year term of office.

In his review of the current situation, Executive Chairman Erwin Stoller confirmed prospects for the business year 2013 as announced at the Rieter Results Press Conference on March 21.

Upcoming events in 2013

Semi-Annual Report 2013: July 25, 2013

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 Pressrelease Annual General Meeting 2013 (PDF/EN/17.2 KB)
 Pressrelease Annual General Meeting 2013 (PDF/DE/81 KB)

About Rieter

Rieter is a leading supplier on the world market for textile machinery and components used in short staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures systems, machinery and technology components used to convert natural and manmade fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning preparation proc¬esses as well as all four final spinning processes currently established on the market. With 18 manufacturing locations in 10 countries, the company employs a global workforce of some 4 700, about 27% of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN. (www.rieter.com)

For further information please contact:

Rieter Holding Ltd.
Investor Relations
Joris Gröflin
Chief Financial Officer
T +41 52 208 70 15
F +41 52 208 70 60
 investor@rieter.com
Rieter Management Ltd.
Media Relations
Cornelia Schreier
Head Corporate Communications
T +41 52 208 70 32
F +41 52 208 70 60
 media@rieter.com