Press Release: Feintool Annual General Meeting 2014: Shareholders approve all proposals - change on Board of Directors

Feintool International Holding AG / Feintool Annual General Meeting 2014: Shareholders approve all proposals - change on Board of Directors . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

At the Annual General Meeting of Feintool International Holding AG held on 15 April 2014, the shareholders approved all the proposals. Dr Thomas Muhr was elected as a new member of the Feintool Board of Directors.

At the Ordinary General Meeting of Feintool International Holding AG held on 15 April 2014, the shareholders approved the Annual Report as well as the 2013 financial statements. The proposed dividend distribution of CHF 1.20 per registered share was also accepted. Mr Steffen Schroth stepped down as a member of the Board of Directors. Dr Thomas Muhr was elected as a Director in his place. The other five members of the Board of Directors were re-elected by the General Meeting.

Board members confirmed in their positions

At the meeting of the Board of Directors, existing Chairman Alexander von Witzleben and Deputy Chairman Dr Michael Soormann were re-elected for an additional term. The Audit Committee is made up of Dr Kurt E. Stirnemann (Chair), Alexander von Witzleben, Wolfgang Feil and Dr Michael Soormann. The Nomination and Compensation Committee comprises Dr Michael Soormann (Chair), Alexander von Witzleben and Wolfgang Feil. Thomas A. Erb and Dr Thomas Muhr are further members of the Board. Furthermore, the Board decided to restrict Feintool's Group Management to the CEO and CFO functions in accordance with the provisions of ERCO*.

*Ordinance against Excessive Remuneration in Listed Companies Limited by Shares

Profile in brief

Feintool is the world's leading technology group specializing in the development of fineblanking systems and the production of precision, ready-to-install fineblanking and forming components, notably for the automotive industry. The Group maintains close partnerships with its customers across the entire fineblanking and forming process - from component design, toolmaking and system construction through to large-scale series parts production. In addition to fineblanking, the Feintool Group also deploys other key processes such as precision forming and orbital technology, and is the world's only supplier of all-round solutions for the cost-effective manufacture of complex precision components. A further brand in its portfolio is IMA Automation - a leading manufacturer of automated assembly systems.

With its locations in Europe, Japan, China and the USA, Feintool Group is represented in the world's major automotive markets. Headquartered in Lyss, Switzerland, the Group has a headcount of 2000. At its various locations, Feintool provides training at any given time for over 100 young people in a number of skills (tool mechanics, design engineers and commercial trades).

Feintool International Holding AG

Industriering 8

CH-3250 Lyss

Switzerland

Media spokesperson

Karin Labhart

Phone +41 32 387 51 57

Mobile +41 79 609 22 02

karin.labhart@feintool.com

www.feintool.com

The press release can be downloaded from the following link:

Press Release (PDF): http://hugin.info/100443/R/1777497/606750.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Feintool International Holding AG via Globenewswire

HUG#1777497

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Feintool International Holding AG

Industriering 8 Lyss Schweiz

ISIN: CH0009320091;

http://www.feintool.com (END) Dow Jones Newswires

   April 15, 2014 12:00 ET (16:00 GMT)- - 12 00 PM EDT 04-15-14