DGAP-News

ENCAVIS AG discloses various advance information regarding this year’s virtual AGM on May 19, 2022

DGAP-News: ENCAVIS AG / Key word(s): AGM/EGM ENCAVIS AG discloses various advance information regarding this year’s virtual AGM on May 19, 2022 17.05.2022 / 12:10 The issuer is solely responsible for the content of this announcement. Corporate News

Encavis AG discloses various advance information regarding this year’s virtual AGM on May 19, 2022


Hamburg, May 17, 2022 – The SDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) discloses various advance information regarding this year’s virtual Annual General Shareholders‘ Meeting (AGM) on May 19, 2022.

The Annual General Meeting of the Company will take place as planned on May 19, 2022, in the form of a virtual AGM without the physical presence of the shareholders. Encavis AG made use again of the exemptional law „PandemieG“ of the German Government regarding the COVID-19 Pandemic to protect the health of shareholders and employees and to slow down the chain of infection. The Management Board and Supervisory Board will propose again an increased dividend of EUR 0.30 per share (previous year EUR 0.28) to the Annual General Meeting. This will also be offered again as scrip dividend in shares or for cash distribution.

Encavis AG already disclosed yesterday the speeches of the Management Board on the website of the Company at Investor Relations / AGM / May 19th 2022 AGM / Management Board Reports to be viewed and to be downloaded, too:
https://www.encavis.com/en/investor-relations/agm/

Further on all candidates to be elected new respectively again into the Supervisory Board of the Company will be presented in a short video to all shareholders with a personal message.

The Supervisory Board decided 2016 already to rejuvenate, to diversify and clearly to focus consistently on the technical competence of every single Member of the Supervisory Board in a step-by-step process. Mrs Christine Scheel enforced the Board since 2016, Dr Henning Kreke since 2017, Dr Marcus Schenk since 2019 and Dr Rolf Martin Schmitz since 2021.

This year Dr Liedtke, who accompanied the development of the Company for more than 20 years, as well as Mr Albert Büll, both major shareholders of the Company, will not candidate again for the Supervisory Board in favour of the independent candidate Mr Thorsten Testorp. Mr Alexander Stuhlmann, the long-standing Deputy Chairman of the Supervisory Board and Chairman of the Audit Committee, will not candidate, too. Mrs Isabella Pfaller will candidate for the Supervisory Board in his place. His function as Deputy Chairman of the Supervisory Board may be taken over by Dr Rolf Martin Schmitz.