Swiss Re’s 145th Ordinary General Meeting on 13 March 2009: Proposals of Swiss Re’s Board of Directors to its shareholders

Swiss Re’s 145th Ordinary General Meeting on 13 March 2009: Proposals of Swiss Re’s Board of Directors to its shareholders
19 Feb 2009

Swiss Re announced today that it has sent out the invitation to shareholders for its 145th Ordinary General Meeting on Friday, 13 March 2009, in Zurich, Switzerland.

Swiss Re’s Board of Directors proposes to its shareholders:

that the annual report and the annual and consolidated financial statements for the 2008 financial year be approved;
a dividend for 2008 of CHF 0.10 per share;
that the members of the Board of Directors and Executive Committee be discharged for the 2008 financial year;
the creation of conditional capital by not more than 160 million shares to secure the necessary underlying shares for the convertible perpetual capital instrument to be issued to Berkshire Hathaway Inc.;
the creation of authorised capital by not more than 180 million shares; at this point in time, Swiss Re does
not intend to conduct a rights issue.

Elections
Furthermore, Swiss Re’s Board of Directors will propose that Jakob Baer and John R. Coomber, whose first office terms will be expiring, be re-elected to the Board for a further three-year term.

After having served for sixteen years on the Board of Directors of Swiss Re, Thomas W. Bechtler’s and and Bénédict G.F. Hentsch’s terms will expire at the Ordinary General Meeting on Friday, 13 March 2009. Both Thomas W. Bechtler and Bénédict G.F. Hentsch will not be standing for re-election.

The Board of Directors proposes that PricewaterhouseCoopers AG, Zurich (PwC), be re-elected as auditor for a term of office of one year.

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