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SFC Energy holds successful virtual Annual General Meeting 2021 - Henning Gebhardt joins Supervisory Board as recognized corporate governance and ESG expert

DGAP-News: SFC Energy AG / Key word(s): AGM/EGM SFC Energy holds successful virtual Annual General Meeting 2021 - Henning Gebhardt joins Supervisory Board as recognized corporate governance and ESG expert 20.05.2021 / 07:30 The issuer is solely responsible for the content of this announcement. SFC Energy AG - Press Release

SFC Energy holds successful virtual Annual General Meeting 2021 - Henning Gebhardt joins Supervisory Board as recognized corporate governance and ESG expert

Brunnthal/Munich, Germany, May 20, 2021 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, successfully held its Annual General Meeting 2021 in purely virtual form yesterday. With about 30.3% of the share capital present at the time of voting, the resolutions proposed by the management were predominantly adopted.

CEO Dr. Peter Podesser looked back on the past fiscal year 2020, in which SFC Energy achieved strong results despite the corona pandemic. In addition, Dr. Podesser explained the most recent developments. These include the best starting quarter in the company's history. "We currently have strong momentum and see high demand for fuel cell solutions in all major customer markets. The current earnings development also shows that we have successfully mastered the endurance test of the corona pandemic and are now reaping the fruits of our labor," said Dr. Peter Podesser.

Further development of expertise and diversity on the Supervisory Board

The Supervisory Board is reconstituted and enlarged at the end of the Annual General Meeting in 2021. In order to meet the increased demands on tasks and its members in the course of its growth plans, the number of its members is being increased to four. Mr. Henning Gebhardt (Managing Director of GAPS GmbH) was newly appointed to the Supervisory Board and elected as Deputy Chairman of the Supervisory Board in the subsequent constituent meeting. Henning Gebhardt has accompanied SFC Energy for more than 15 years as an investor and as a significant shareholder for many years. "The future prospects of SFC already convinced me back then and I am very pleased to now be able to further support one of the most interesting growth companies on the German capital market with my expertise in corporate governance and ESG issues," says Henning Gebhardt.