GROUP STRUCTURE AND SHAREHOLDERS
The Lindt & Sprüngli Group is globally active developing, producing and selling chocolate products in the premium quality segment. The holding company, Chocoladefabriken Lindt & Sprüngli AG, with headquarters in Kilchberg ZH, is listed on the SIX Swiss Exchange. The market capitalization, based on 2016 year-end prices, is CHF 13,8 billion.
The company’s group structure is lean. While the Board of Directors handles management, strategy, and supervisory duties at the highest level, the CEO, the Executive Chairman (until September 30, 2016 in the function of delegate of the Board of Directors), and Group Management members are responsible for operational management tasks. Until end of 2016 they were supported in these tasks by the Extended Group Management team. As of January 1, 2017 Group Management and the Extended Group Management were consolidated.
The consolidation scope of Chocoladefabriken Lindt & Sprüngli AG includes subsidiaries listed in notes to the consolidated financial statements, along with details about these companies, such as name, domicile, share capital, participation, etc.
Chocoladefabriken Lindt & Sprüngli AG holds no interests in listed companies.
Between January 1, 2016 and December 31, 2016, the Group has not received any disclosures notification that other shareholders hold more than 3% of the voting rights of the company. According to the share register of Chocoladefabriken Lindt & Sprüngli AG as of December 31, 2016, the “Fonds für Pensionsergänzungen der Chocoladefabriken Lindt & Sprüngli AG”, the “Finanzierungsstiftung für die Vorsorgeeinrichtungen der Chocoladefabriken Lindt & Sprüngli AG”, the “Lindt Cocoa Foundation”, and the “Lindt Chocolate Competence Foundation”, all in Kilchberg ZH, held, as a group, a total of 27,543 registered shares or 20.23% of the share capital and thus 20.23% of company voting rights (according to the last disclosure of November 25, 2013: 29,143 registered shares respectively 21.32% of the share capital and the voting rights). As far as the company knows, there are no tied shareholding agreements between these shareholders. For further disclosures of previous years, the company refers to the publications of the SIX Swiss Exchange.
During the year under review, no disclosures were publicised on the SIX Swiss Exchange platform.
Chocoladefabriken Lindt & Sprüngli AG has no cross holdings.