The Annual General Meeting of Kaba Holding AG has approved all motions put forward by the Board of Directors.

After approving the 2010/2011 Annual Report and taking due note of the reports from the statutory auditor, the Annual General Meeting decided on an extraordinary payout of CHF 14.00 per registered share. This represents a doubling against last year (CHF 7.00) and is attributable to the exceptionally high net profit for the year resulting from the disposal of the Door Automation segment.

Formal approval was granted for the actions of the Board of Directors and the Management Board in the last financial year. Ulrich Graf was confirmed in office for a further three years. The long-standing executive Chairman of the Board of Directors has led the Board as a non-executive Chairman since the beginning of the current 2011/2012 financial year. Shareholders elected Thomas Pleines as a new member of the Board of Directors for a period of office of three years. PricewaterhouseCoopers AG, Zurich, was confirmed as the statutory auditor for a further period of office of one year.