11 Important changes since the balance sheet date
The 3-year term of office of Chairman of the Board of Directors Georg Wohlwend, Vice Chairman Richard Senti and member of the Board of Directors Thomas Russenberger come to an end at the 32nd ordinary General Meeting of Shareholders on 19 April 2024. The Board of Directors will propose their re-election.
On 30 January 2024, the Liechtenstein Government amended the Participation Strategy for its participation in the Liechtensteinische Landesbank AG. It defines the role of the Principality of Liechtenstein as the majority shareholder of LLB. In the amended version, too, the Government emphasises that it exercises the shareholder interests of the State within the framework of the shareholdersʼ powers of the General Meeting of Shareholders and, in this regard, respects the entrepreneurial autonomy as well as the rights and duties arising from its market listing. At the same time, the Participation Strategy defines the majority shareholder’s expectations of LLB and offers minority shareholders planning security. Further information can be found at www.llb.li/participationstrategy.