EQS-News: GESCO Annual General Meeting 2023: Proposed resolutions adopted with a large majority

Yesterday's Annual General Meeting of GESCO SE was very well received by the shareholders. A total of approximately 50.4 % of the voting share capital was represented.

The Annual General Meeting discharged the members of the Executive Board and the Supervisory Board, approved the election of the auditor for the financial statements and the consolidated financial statements, the dividend payment of 1.00 per share and the proposed amendments to the Articles of Association.. All listed agenda items received a high level of approval (from 83.7% - 99.9%). In addition, the Annual General Meeting approved the remuneration system for Executive Board members presented by the Supervisory Board in accordance with the Second Shareholders' Rights Directive (ARUG II) with a majority of 82.5%.

The event took place in the SANAA building at the Zollverein Coal Mine World Heritage Site. In addition to the usual agenda of an Annual General Meeting, the shareholders and guests present were offered an extensive supporting programme by GESCO subsidiaries. The programme kicked off with three selected subsidiaries presenting themselves to a large audience in a separate auditorium. After the official part of the Annual General Meeting, two more subsidiaries presented themselves. Throughout the day, all managing directors of the subsidiaries were available for individual discussions at company stands. At the end, a guided tour of the Zeche-Zollverein site was offered.

The overview of the voting results and the presentation by the Executive Board are available on the GESCO website at www.gesco.de/investor-relations/hauptversammlungen.

About GESCO:

GESCO SE is an industrial group with market and technology leading companies in the capital goods industry with a focus on process, resource and healthcare and infrastructure technology. As a company listed in the Prime Standard, GESCO SE gives private and institutional investors access to a portfolio of hidden champions of the German industrial SME sector.

Contact:

Peter Alex
Head of Investor Relations

Tel. +49-202 24820-18
Fax +49-202 24820-49
E-Mail: ir@gesco.de
Internet: www.gesco.de