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on Manz AG (isin : DE000A0JQ5U3)

2024 Annual General Meeting of Manz AG: Shareholders Approve All Agenda Items

Reutlingen, July 2, 2024 – Manz AG, a global high-tech equipment manufacturer, successfully conducted its 2024 Annual General Meeting today. The share capital represented during the vote was 48.12%. All agenda items received majority support.

The Managing Board provided a comprehensive report on the company's performance in the 2023 fiscal year. Despite global economic and market-specific challenges, Manz AG showed robust business development. New customer projects, particularly in Mobility & Battery Solutions and Industry Solutions, emphasized production solutions related to electromobility.

CEO Martin Drasch highlighted the cautious investment decisions of customers, especially in the Mobility & Battery Solutions segment, leading to expected project delays into the next year. He expressed confidence in the sustainable growth markets that the company serves, even amidst challenging macroeconomic conditions in 2024.

The detailed voting results are available on the company's website in the Investor Relations section.

R. H.

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