Annual General Meeting of ParTec AG Approves All Agenda Items with Large Majority

Munich, 7 August 2024 - ParTec AG announced the successful outcome of its Annual General Meeting. Shareholders approved all agenda items, achieving over 87.7% support. Key decisions included electing Hugo Falter to the Supervisory Board, replacing Iram Kamal. The Supervisory Board now comprises Prof Dr Reimund Neugebauer (Chairman), Prof Dr Thomas C. Schulthess, and Hugo Falter.

Additionally, PricewaterhouseCoopers GmbH was appointed as the auditor for the 2024 financial year. Shareholders also approved the creation of authorized capital up to EUR 4 million, enabling ParTec to enhance its capital base and flexibility for growth.

ParTec specializes in AI supercomputers and modular HPC systems, delivering high-performance AI solutions like JUWELS and JURECA. The company aims to expand its AI data centers and product range for both large and small enterprises.

96.1% of share capital was represented at the meeting. Full details and voting results are available on ParTec's website.