Co-founder and former CEO Dr. Metin Colpan to become Honorary Chairman of the Supervisory Board after deciding not to stand for re-election
Robert McMahon nominated for election to Supervisory Board as part of ongoing renewal process, with seven of eight proposed members having joined since 2021
40% increase in annual dividend proposed to $0.35 per share, reflecting continued commitment to increasing returns to shareholders
Additional share repurchase authorizations, including authorization for further open-market share repurchases and a new $200 million synthetic share repurchase
Thierry Bernard to stand for re-election as Managing Board member until a new CEO has been appointed; Roland Sackers to stand for re-election to Managing Board
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