2024 Annual General Meeting of Manz AG: Shareholders approve all agenda items

07/02/2024 16:15:00 CEST, Reutlingen

The Manz AG, a global high-tech equipment manufacturer with an extensive technology portfolio, successfully held its 2024 Annual General Meeting today. The share capital represented at the time of voting was 48.12 %. All items on the agenda were adopted by a majority.

The Managing Board reported comprehensively on Manz AG's business performance in the 2023 fiscal year. Despite the global economic and market-specific challenges, business developed robustly last year. The newly acquired customer projects in both the Mobility & Battery Solutions and Industry Solutions divisions focused on production solutions for key assemblies in connection with electromobility.

Martin Drasch, CEO of Manz AG, commented on the current fiscal year: "The noticeable reluctance of customers to make investment decisions, particularly in the Mobility & Battery Solutions segment, has increased, and we expect postponements to next year. We are convinced that we are operating in sustainable growth markets with our best-in-class solutions, even though the macroeconomic environment will remain challenging in 2024."

The detailed voting results for the relevant items on the agenda of the Annual General Meeting are available for download on the company website www.manz.com in the Investor Relations / Annual General Meeting section.

Management of Manz AG - from left to right: Dieter Manz (Member of the Supervisory Board), Prof. Dr. Heiko Aurenz (Chairman of the Supervisory Board), Manfred Hochleitner (CFO), Martin Drasch (CEO), Prof. Dr. Michael Powalla (Member of the Supervisory Board), Dr. Zhiming Xu (Member of the Supervisory Board).

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