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2020 Annual General Meeting – WISeKey Shareholders Approved All Agenda Items

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2020 Annual General Meeting –
WISeKey Shareholders Approved All Agenda Items

  • Five Members of the Board of Directors Re-elected; Eric Pellaton and Jean-Philippe Ladisa Elected as New Members of the Board

  • Authorized Share Capital and Conditional Share Capital Increases

Zug, Switzerland, May 18, 2020 – WISeKey International Holding Ltd (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that its shareholders approved all items on the agenda of WISeKey's 2020 Annual General Meeting held at the offices of law firm Homburger AG, in Zurich, Switzerland, on May 15, 2020. Among other things, the shareholders re-elected all serving members of the Board of Directors who stood for re-election, elected Eric Pellaton and Jean-Philippe Ladisa as new members of the Board of Directors and approved an increase of the authorized share capital and conditional share capital.

Shareholders also re-elected and confirmed Carlos Moreira as Chairman of the Board. David Fergusson, Philippe Doubre and Eric Pellaton were elected as members of the Company's Nomination & Compensation Committee.

Shareholders of WISeKey also approved all other proposals submitted by the Board as follows:

  • Approved the 2019 Annual Report and the 2019 audited consolidated and statutory financial statements of the Company;

  • Approved the carry forward the Company's accumulated net deficit;

  • Discharged all members of the Board of Directors and the Executive Management from liability for their activities during the fiscal year 2019;

  • Approved, in an advisory vote, the Company's 2019 compensation report, and the Board of Directors' and Executive Management's total compensation, as required under Swiss law and the Articles of Association, for the period until the 2020 AGM and financial year 2021, respectively; and,

  • Re-elected BDO SA as the Company's audit firm for a further one-year period.

Carlos Moreira, Chairman of the Board, stated, “I would like to thank our valued shareholders for their continued trust, support and the confidence they have placed in us. I would also like to thank all members of our Board for their commitment and dedication to WISeKey.”


A summary video update on the Company’s current status provided by Mr. Moreira is available at: https://www.wisekey.com/investors/.

Financial Calendar:

The 2020 Interim Report will be published by September 30, 2020.

About WISeKey:

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

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