EQS-Adhoc: VZ Holding AG: VZ shareholders approve of Board of Directors' motions

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EQS Group-Ad-hoc: VZ Holding AG / Key word(s): AGM/EGM/Dividend VZ Holding AG: VZ shareholders approve of Board of Directors' motions

06-Apr-2017 / 17:40 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR

Press release

_Source: VZ Holding AG / SIX: VZN / ISIN: CH0028200837_

*VZ shareholders approve of Board of Directors' motions*

*Zurich, 6 April 2017 - VZ Holding's shareholders approved all of the Board of Directors' motions at the annual general meeting of shareholders held today.*

The shareholders approved of the annual report, VZ Holding Ltd's financial statements and the consolidated financial statements for the 2016 business year and discharged the Board of Directors and the Executive Board. A dividend of CHF 4.20 per registered share will be paid out on 12 April 2017.

Fred Kindle, Roland Iff, Dr. Albrecht Langhart, Roland Ledergerber and Olivier de Perregaux have been re-elected as members of the Board of Directors for another twelve-month term. Within the board, Fred Kindle has been re-elected as Chairman. Fred Kindle and Roland Ledergerber will continue to serve on the compensation committee. As recommended by the Board of Directors, the shareholders elected Andreas G. Keller as independent proxy and PricewaterhouseCoopers as VZ Group's auditors.

Furthermore, the shareholders approved of the Board of Directors' remuneration for the 2017/18 term, the Executive Board's fixed basic salary for the 2017 business year and a performance-related remuneration for the 2016 business year.

*Contacts* Adriano Pavone Head Media Communications Phone +41 44 207 25 22 adriano.pavone@vzch.com www.vzch.com/medien

Petra Märk Head Investor Relations Phone +41 44 207 26 32 E-mail: petra.maerk@vzch.com www.vzch.com/investor-relations

*VZ Group* VZ Group is an independent Swiss financial service company listed on the SIX Swiss Exchange. Pension and estate planning as well as asset management for individuals and insurance and pension fund management for companies are VZ Group's core services. VZ Holding is headquartered in Zurich, and VZ has 30 branch offices throughout Switzerland and Germany. At the end of 2016, the group counted 900 employees.

*Forward-looking statements* This press release contains forward-looking statements that involve known and unknown risks, uncertainties or other factors that may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. Against the background of these uncertainties, readers should not rely on such forward-looking statements. The company assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.

Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=OTNFRNQQVL [1] Document title: Press release 06.04.2017 End of ad hoc announcement Language: English Company: VZ Holding AG Beethovenstrasse 24 8002 Zurich Switzerland Phone: +41 44 207 27 27 Fax: +41 44 207 27 28 E-mail: ir@vzch.com Internet: www.vzch.com ISIN: CH0028200837 Listed: SIX Swiss Exchange

End of Announcement EQS Group News Service

560709 06-Apr-2017 CET/CEST

1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=46f67368d2e75c14e3b385024881d6fc&application_id=560709&site_id=vwd&application_name=news (END) Dow Jones Newswires

   April 06, 2017 11:40 ET (15:40 GMT)- - 11 40 AM EDT 04-06-17