Annual General Meeting approves all agenda items with a large majority

The keypoints in short

• Dividend of € 0.49 per share approved for the fiscal year 2021/2022; total distribution amount at € 54 million
• Prof. Dr. Wolfgang Ziebart takes over as Chairman of the Shareholder Committee; Andreas Renschler becomes new Chairman of the Supervisory Board; Judith Buss will chair the Audit Committee in future
• HELLA CEO Michel Favre: "Business development and record order intake show: HELLA's business model is robust and positioned for the future".

The shareholders of HELLA GmbH & Co. KGaA approved all items on the agenda with a large majority at today's Annual General Meeting. Among other things, it was decided to pay a dividend of € 0.49 per share for the fiscal year 2021/2022. The total distribution to the shareholders thus amounts to about € 54 million. Furthermore, the Annual General Meeting followed the election proposals for the Shareholder Committee and the Supervisory Board. In meetings following the Annual General Meeting, Prof. Dr. Wolfgang Ziebart was elected Chairman of the Shareholder Committee and Andreas Renschler was elected Chairman of the Supervisory Board. On the Supervisory Board, Judith Buss will chair the Audit Committee.

In his speech at the Annual General Meeting, HELLA CEO Michel Favre looked back on the past fiscal year: "In view of the extremely adverse market environment, we can be satisfied with our business performance," he emphasised. The company's consolidated sales, for example, fell only slightly by 0.8 percent to € 6.3 billion, while global light vehicle production slumped by a good nine percent. The adjusted EBIT margin was 4.4 percent. "We have thus significantly outperformed the market and achieved a solid financial result. At the same time, we won a large number of high-volume customer projects and achieved a record order intake of € 10 billion in the automotive business alone. This shows: Our business model is robust and positioned for the future”, said Michel Favre.

After the Annual General Meeting was held in purely virtual form in the past two years due to the Corona pandemic, it was held again this year as a physical event at the company's headquarters in Lippstadt. At the time of the vote, 91.82 percent of the share capital was represented. In total, around 150 shareholders and other guests attended this year's Annual General Meeting.

The individual voting results as well as the speech of the Chairman of the HELLA Management Board will be found on the company's homepage in the Investor Relations section at Annual General Meeting 2022.