EQS-Adhoc: Annual General Meeting of Kardex AG approves all motions by the Board of Directors

Media Information

Zurich, 11 April 2019

Annual General Meeting of Kardex AG approves all motions by the Board of Directors

The 41st ordinary Annual General Meeting of Kardex AG took place today. The meeting was attended by 53 shareholders. A total of 72.9% of the company's share capital was represented. All motions put forward by the Board of Directors to the Annual General Meeting were approved.

The proposed dividend payment of CHF 4.00 per registered share has been approved by the shareholders. The pay-out will take place on April 17^th, 2019.

All members of the Board of Directors proposed for re-election were confirmed for a further term of office of one year. Mr. Philipp Buhofer was re-elected Chairman of the Board of Directors.
The 42^nd ordinary Annual General Meeting of Kardex AG will take place on 14 April 2020 in Zurich.

Contact
Edwin van der Geest, Investor Relations
Tel. +41 44 419 44 79 / Mobile +41 79 330 55 22
investor-relations@kardex.com
www.kardex.com

Kardex Group - Corporate Profile

The Kardex Group is a global industry partner for intra-logistic solutions and a leading supplier of automated storage solutions and material handling systems. The Group consists of two entrepreneurially managed divisions, Kardex Remstar and Kardex Mlog. Kardex Remstar develops, produces and maintains dynamic storage and retrieval systems and Kardex Mlog offers integrated materials handling systems and automated high-bay warehouses. The two divisions are partners for their customers over the entire lifecycle of a product or solution. This begins with an assessment of customer requirements and continues via the planning, realization and implementation of customer-specific systems through to ensuring a high level of availability and low lifecycle costs by means of customer-oriented lifecycle management. Around 1 800 employees in over 30 countries work for the Kardex Group.

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