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LLB Annual Report 2023 de

Distribution of balance sheet profit

Information unaudited Information ungeprüft Distribution of balance sheet profit

The Board of Directors proposes to the General Meeting of Shareholders on 19 April 2024 that the balance sheet profit as at 31 December 2023 be distributed as follows:

in CHF thousands

2023

2022

Profit for the year

99'913

73'974

Balance brought forward

2'793

5'473

Balance sheet profit

102'707

79'447

 

 

 

Distribution of balance sheet profit

 

 

Allocation to other reserves

10'000

0

Allocation to corporate capital (common stock) 1

82'598

76'654

Balance carried forward 1

10'108

2'793

1 Shares eligible for dividends are all shares outstanding except for own shares as of record date. The amounts presented are based on the numbers of shares eligible for dividends as at 31 December 2023.

If this proposal is accepted, a dividend of CHF 2.70 per registered share will be paid out on 25 April 2024.