ALSO-Actebis shareholders approve all proposals by the Board of Directors

At the Ordinary General Meeting held in Lucerne on 10 March 2011, shareholders approved the Board’s proposal to create authorized and conditional capital up to a maximum of CHF 2.5 million in total.

In addition, shareholders approved of the Annual Report (including the Compensation Report), the Financial Statement and the Consolidated Financial Statement for 2010 of the Company and discharged the Board of Directors and the Executive Board from liability.

Shareholders also agreed to the Board’s proposal to waive their right to a dividend for fiscal 2010 and to carry the balance sheet profit forward to the new accounts. ERNST & YOUNG AG were elected statutory auditors for fiscal year 2011.