Alzchem Group AG: Annual General Meeting resolves increased dividend of EUR 1.05 per share – broad approval of all agenda items, including the climate roadmap
Trostberg, 11 May 2023 – The shareholders of Alzchem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, approved all items on the agenda with a large majority at today’s virtual Annual General Meeting. In addition to the discharge of the Management Board and the Supervisory Board and the election of the auditor, the approval of the remuneration report and the remuneration system for the members of the Management Board, amendments to the Articles of Association and a dividend of EUR 1.05 per share (previous year: EUR 1.00) were also resolved. In addition, the plenum showed its strong support for the newly developed climate roadmap which is available at www.alzchem.com/en/sustainability/ by passing a consultative resolution by a large majority.
“Considering the major challenges, we can look back on a very satisfactory fiscal year 2022. We are pleased that our shareholders assess Alzchem’s development just as positively and have expressed their strong support for it with their vote. It is also important to us to let our shareholders participate in our success with an appropriate dividend. At the same time, we are underlining our claim to be a growth stock with dividend,” explains Andreas Niedermaier, CEO of Alzchem Group AG. “Of similar importance to us is the support of our shareholders for the new climate roadmap. The clear vote encourages us to resolutely continue on our chosen course. Our goal is to reduce our CO2 emissions in Scope 1 by more than 75% by 2030 and to achieve complete climate neutrality in this area by 2033.”
The detailed voting results for the individual items on the agenda of the Annual General Meeting can be downloaded from the website at www.alzchem.com/en/investor-relations/annual-general-meeting/.