Summary of the Annual General Meeting 2021

The Annual General Meeting held on 18 June 2021 has approved all proposed ordinary resolutions, including dividend distribution and board composition.

Thomas Kalita, Company CEO, highlighted in his CEO statement that 2020 was a record year in terms of revenue, EBIT and net profit. Comparing to the previous year, in 2020 revenues increased by 52.45%; EBIT increased by 110.73%; EBIT margin increased by 38.23%; and net profit increased by 89.54%.

The AGM unanimously approved the distribution of EUR 8,998,200 to shareholders by way of dividend, which corresponds to EUR 0.12 per share, for the financial year ending 31 December 2020. The record date for the entitlement to the dividend is 22 June 2021.

Four members of the Board of Directors who stood for re-election, namely, Olga Finkel, Thomas Kalita, James Scicluna and Ralf Feldt, were so re-elected until the next annual general meeteing; and Olga Finkel was re-elected as chairperson of the Board for another year. 

The Company's auditor has been re-appointed for another year. 

5.76% of all issued ordinary shares of the Company were represented at the AGM.