DGAP-News: cyan AG successfully concludes virtual general meeting

cyan AG successfully concludes virtual general meeting

Munich, July 3, 2020 - The Management Board and Supervisory Board of cyan AG received great approval from the shareholders at the virtual general meeting. All items on the agenda were approved with a large majority. A total of 64.43 percent of the registered share capital was represented.

In addition to the discharge of the Board of Directors and the Supervisory Board and the election of the auditor, the Annual General Meeting also approved the creation of new authorized capital and the corresponding amendment to the Articles of Association.

Furthermore, the Articles of Association were adapted to the second shareholders' rights directive (ARUG II). This directive regulates the participation or submission of voting rights during a virtual Annual General Meeting.

Michael Sieghart, CFO of cyan AG: "We are very satisfied with the results of this first virtual general meeting. The very high level of approval for all agenda items confirms that our strategy and the orientation of the company is strongly supported by our shareholders".

You can find the results of the AGM 2020 here: https://ir.cyansecurity.com/en/content/download/46716/file/Cyan_Voting%20Results%20AGM%202020.pdf

About cyan:

cyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as banks and insurance companies. cyan's solutions are integrated into the business partner's infrastructure and then offered to their end customers ("B2B2C") under their name ("white-labeled").

Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan's cooperation partners include the world's leading insurance broker Aon or Magenta Telekom.

Further information is available at www.cyansecurity.com.

Investor Contact:

Florian Rukover, Head of IR

cyan AG

[email protected]

Press Contact:

Anita Schneider

Better Orange IR & HV AG

[email protected]