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Grammer AG: Resolution passed to increase dividend and new Supervisory Board members elected at the annual general meeting

DGAP-News: Grammer AG / Key word(s): AGM/EGM
Grammer AG: Resolution passed to increase dividend and new Supervisory
Board members elected at the annual general meeting

20.05.2015 / 15:30

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Grammer AG: Resolution passed to increase dividend and new Supervisory
Board members elected at the annual general meeting

Amberg, May 20, 2015 - At Grammer AG's annual general meeting the
shareholders passed a resolution approving the distribution of a dividend
of EUR 0.75 per share. In addition, six new seats on the Supervisory Board
were filled following the scheduled expiry of the previous term of office.
All the other items on the agenda were approved by the annual general
meeting with the necessary majorities. Similarly, the shareholders ratified
the activities of the Executive Board and the Supervisory Board for 2014.

Dividend increased to EUR 0.75
The shareholders approved the proposal of the Executive Board and the
Supervisory Board, passing a resolution to increase the dividend to EUR
0.75 per share. This is 15 percent more than in the previous year in which
EUR 0.65 per share was paid. Accordingly, the company is distributing
around EUR 8.4 million on the total of 11,214,624 dividend-entitled shares,
equivalent to around 36 percent of its net retained profit of the GRAMMER
AG.

Supervisory Board election and departure of the Chief Financial Officer
Elections for six seats on the Supervisory Board were held as the previous
terms of office had expired. The shareholders accepted the proposals
submitted by the current Supervisory Board, electing Dr. Klaus Probst, Mr.
Wolfram Hatz, Dr. Bernhard Wankerl, Ms. Ingrid Hunger, Dr. Hans Liebler and
Dr. Peter Merten to Grammer AG's Supervisory Board with a large majority.

As previously announced, Mr. Volker Walprecht, who had hitherto been Chief
Financial Officer of Grammer AG, stepped down from this position. Mr.
Gérard Cordonnier will be assuming this position from June 1, 2015.

Almost 40 % of the voting-entitled capital was represented at GRAMMER AG's
annual general meeting in Amberg this year.

Company Profile
GRAMMER AG, Amberg, Germany, specializes in the development and production
of components and systems for automotive interiors as well as driver and
passenger seats for offroad vehicles. In the Automotive Division, we supply
headrests, armrests and center console systems to premium automakers and
automotive system suppliers. The Seating Systems Division comprises the
truck and offroad seat segments as well as train and bus seats.

Grammer is represented in 20 countries worldwide with a workforce of over
10,500 employees across its 30 subsidiaries.

The GRAMMER share is listed in the SDAX and traded on the Frankfurt and
Munich stock exchanges via the electronic trading system, Xetra, as well as
in over-the-counter trading at the Stuttgart, Berlin and Hamburg stock
exchanges.




Contact:
GRAMMER AG
Ralf Hoppe
Phone: [phone]
[e-mail]



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20.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Grammer AG
Postfach 14 54
92204 Amberg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart


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359923 20.05.2015