Swiss National Bank (SNB) Decisions of the General Meeting of Shareholders

Decisions of the General Meeting of Shareholders

Decisions of the 103nd Ordinary General Meeting of Shareholders of the Swiss National Bank held on
29 April 2011

1. Approval of the financial report for 2010

The General Meeting of Shareholders approved the financial report for 2010.

2. Decision on the appropriation of the annual result – Fixation of a dividend

The General Meeting of Shareholders decided a payment of a dividend of 6%.


	CHF millions

Annual result	-20 807.1
Allocation to provisions for currency reserves	-724.2
Distributable annual profit	-21 531.3
Release from distribution reserve	24 032.8
Total profit distribution	2 501.5
Payment of a dividend of 6%	-1.5
Distribution to the Confederation and the cantons¹	-2 500.0

Balance after appropriation of profit	0

3. Discharge of the Bank Council

The General Meeting of Shareholders granted discharge to the Bank Council.

4. Election of a new member of the Bank Council

The General Meeting of Shareholders appointed the following person as member of the Bank Council for the reminder of the 2008–2012 term of office: Cédric Tille, Professor of Economics at the Graduate Institute for International and Development Studies, Geneva.

5. Election of the Audit Board

The General Meeting of Shareholders appointed PricewaterhouseCoopers Ltd, Zurich, as the Audit Board for the 2011-2012 term of office.