DGAP-News: First virtual Annual General Meeting of R. STAHL ends with approval of all agenda items

First virtual Annual General Meeting of R. STAHL ends with approval of all agenda items

Waldenburg, 30 July 2020 - R. STAHL AG's 27^th Ordinary Annual General Meeting, which was held as a virtual meeting for the first time, today ended with consent to all agenda items. Beside approval of actions of the Executive Board and the Supervisory Board, Harald Rönn was elected as a new member of the Supervisory Board. Also, Wirtschaftsprüfungsgesellschaft BDO AG, Hamburg, was elected as auditor of R. STAHL AG and R. STAHL Group for Fiscal Year 2020. In addition, the shareholders authorized the company until July 2025 to purchase own shares of up to 10 % of its capital stock.

A total of 5.08 million shares, equivalent to 78.9% of the capital stock, was represented in the meeting, which was slightly below last year (2019: 5.33 million shares, equivalent to 82.7% of the capital stock). 51 shareholders followed the meeting over the investor portal. In the prior year, more than 210 shareholders attended the physically held Annual General Meeting.

About R. STAHL - www.r-stahl.com

R. STAHL is the world's leading supplier of electrical and electronic products and systems for explosion protection. These products and systems prevent explosions in hazardous areas and contribute to the safety of people, machines and the environment. The portfolio ranges from products used in switching/distributing, installing, operating/monitoring, lighting and signalling/alarming up to automation. Typical customers are the oil & gas industry, the chemical and pharmaceutical industry and the food industry. In 2019, global sales amounting to about €275 million were generated by 1,669 employees. The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).

Forward-looking statements

This release contains forward-looking statements based on assumptions and estimates of R. STAHL's management. Although we assume that the expectations of these forward-looking statements are realistic, we cannot guarantee that these expectations will prove to be correct. The assumptions may involve risks and uncertainties that could cause the actual results to differ materially from the forward-looking statements. Factors that may cause such discrepancies include: changes in the macroeconomic and business environment, exchange rate and interest rate fluctuations, the roll-out of competing products, a lack of acceptance of new products or services, and changes in business strategy. R. STAHL does not plan to update these forward-looking statements nor does it accept any obligation to do so

The contents of this press release are intended to address all genders. For the sake of readability and without any intent to discriminate, only the male form is used.

Contact:

R. STAHL AG

Dr. Thomas Kornek

Senior Vice President Investor Relations & Corporate Communications

Am Bahnhof 30

74638 Waldenburg (Württ.)

Germany


Tel. +49 7942 943-1395

[email protected]