EQS-Adhoc: SNP Schneider-Neureither & Partner SE rejects convening of an Extraordinary General Meeting

SNP Schneider-Neureither & Partner SE rejects convening of an Extraordinary General Meeting

Heidelberg, October 12, 2022 The Board of Directors of SNP Schneider-Neureither & Partner SE has rejected the request of shareholder Wolfgang Marguerre to convene an Extraordinary General Meeting as inadmissible after legal examination.

The shareholder Marguerre had requested that three candidates proposed by him be elected as members of the Board of Directors. In addition, the shareholder had proposed that the three members of the audit committee, Prof. Dr. Christoph Hütten, Sebastian Reppegather and Richard Roy, be removed from the board of directors.

Unlike a first motion to convene an Extraordinary General Meeting, which was not valid in form and to which SNP's ad hoc announcement of September 11, 2022 referred, the second motion to convene was not made jointly with SN Assets GmbH. Furthermore, the intention previously communicated to the company to propose a resolution on the change from a monistic system to a dualistic governance structure was not maintained.

The Board of Directors had found the request of the shareholder Marguerre to be legally inadmissible after consultation with a law firm specialized in stock corporation law.

Contact person at SNP:

Marcel Wiskow
Director Investor Relations
Tel.: +49 62216425-637
E-mail: marcel.wiskow@snpgroup.com