Decisions of the General Meeting 2020 of Shareholders

Decisions of the 112th Ordinary General Meeting of Shareholders of the Swiss National Bank held on 24 April 2020

1. Approval of the financial report for 2019

The General Meeting of Shareholders approved the financial report for 2019.

2. Decision on the appropriation of the net profit - determination of the dividend

The General Meeting of Shareholders approved the payment of a dividend totaling CHF 1.5 million to shareholders as part of the profit appropriation.

3. Discharge of the Bank Council

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

4. Election of five members of the Bank Council

The General Meeting of Shareholders elected Vania Alleva, Monika Bütler, Heinz Karrer, Olivier Steimer and Cédric Pierre Tille, existing members, as members of the Bank Council for the 2020-2024 term of office.

5. Election of the External Auditor

The General Meeting of Shareholders appointed KPMG AG as the External Auditor for the 2020/2021 term of office.

6. Agenda items with motions submitted by shareholders according to art. 35 para. 2 of the National Bank Act

The General Meeting of Shareholders rejected the motion to initiate a procedure to supplement art. 37 of the National Bank Act by a new para. 3 regarding the entry of foreigners in the share register.