Baar-Zug, 13 April 2011
Partners Group Holding AG will hold its annual general meeting of shareholders (AGM) on 5 May 2011 at 4 pm at the Partners Group head office, Zugerstrasse 57, 6341 Baar-Zug. All shareholders registered as of 8 April 2011 will receive the invitation to the AGM by post.
The board of directors proposes the following agenda items to shareholders:
1. Approval annual report 2010
Presentation of the annual report 2010 and the group as well as statutory auditor's reports; the board of directors proposes the approval of the annual report 2010, the consolidated financial statements and the statutory financial statements.
2. Use and allocation of earnings
The board of directors proposes a dividend payment of CHF 5.00 per share on 12 May 2011. The shares will be traded ex dividend as of 9 May 2011.
3. Management compensation report
The board of directors proposes the approval of the management compensation report. The annual general meeting shall vote on whether this vote is carried through in aggregate or individually.
4. Discharge of the board of directors and the executive board
The board of directors proposes that discharge be granted to the members of the board of directors and the members of the executive board for their activities during the financial year 2010.
5. Elections to the board of directors
The board of directors proposes that Dr. Marcel Erni be re-elected to the board of directors for a further term of office of three years. Furthermore, the board of directors proposes that Dr. Eric Strutz be elected to the board of directors for an initial term of one year to replace Ulrich Fehring, who has been a member of the board since 1998 and will not stand for re-election at this annual general meeting.
Alfred Gantner, executive chairman, comments, "Ulrich Fehring has accompanied Partners Group since its beginnings and the firm has profited strongly from his expertise, particularly in the German market, where he has been instrumental in helping Partners Group establish its presence. During his tenure of over a decade, Ulrich Fehring's experience in team and culture building has additionally been essential in guiding and supporting our firm through a phase of strong growth, in which our team increased to 500 people from over 40 nationalities and our global footprint grew to 14 offices. The board of directors and the entire partnership would like to take this opportunity to thank Ulrich Fehring for his valuable contribution to the firm over the last years."
The board of directors proposes Dr. Eric Strutz to replace Ulrich Fehring and is convinced his long-term experience in the banking sector will be beneficial to Partners Group. Dr. Marcel Erni, executive vice chairman, adds, "We have known Dr. Eric Strutz for a number of years and believe his extensive financial background, his network in both Germany and internationally and his experience gained in various industries at the Boston Consulting Group will support the board in our overall goal of increasing our direct investment activities in leading companies around the world."
Dr. Eric Strutz was a Partner at the Boston Consulting Group responsible for projects in various industries before joining Commerzbank AG in 2001. He was named Chief Financial Officer of Commerzbank AG in 2003 and joined the Board of Managing Directors in 2004 (see appendix for detailed CV). "I am excited to be nominated to join Partners Group's board of directors and look forward to contributing to the further development of this globally leading private markets firm" says Dr. Eric Strutz.
6. Election of the group and statutory auditors
The board of directors proposes that KPMG AG, Zurich, be re-elected in both functions for a further term of one year.