EQS-News

SFC Energy AG holds successful Annual General Meeting - Mrs Sunaina Sinha Haldea takes over as Chairwoman of the Supervisory Board

EQS-News: SFC Energy AG / Key word(s): AGM/EGM SFC Energy AG holds successful Annual General Meeting - Mrs Sunaina Sinha Haldea takes over as Chairwoman of the Supervisory Board 23.05.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. SFC Energy AG holds successful Annual General Meeting - Mrs Sunaina Sinha Haldea takes over as Chairwoman of the Supervisory Board

• Annual General Meeting approves all items on the agenda
• Election of Gerhard Schempp (re-election) and Dr Andreas Blaschke (new election) to the Supervisory Board
• Supervisory Board extends Management Board contracts of Daniel Saxena and Hans Pol by a further 5 years

Brunnthal/Munich, Germany, 23 May 2024 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, successfully held its Annual General Meeting in presence last Thursday. Shareholders approved the actions of the Management Board and Supervisory Board members for the past financial year by a clear majority. All proposed resolutions were approved by the Annual General Meeting.

In their speech, Dr Peter Podesser, CEO, and Daniel Saxena, CFO of SFC Energy AG, looked back on a record year characterized by a significant increase in profitability and international expansion. The Management Board also outlined the latest developments in the current financial year, including the best first quarter in the company's history. "Our start to the year once again shows record figures in terms of sales and profitability. This sustainable earnings performance is a clear differentiation for SFC Energy in our sector," says Dr Peter Podesser.

Elections to the Supervisory Board were a key item on the agenda of the Annual General Meeting. The terms of office of Hubertus Krossa (Chairman of the Supervisory Board) and Gerhard Schempp (member of the Supervisory Board) expired at the end of the Annual General Meeting, making it necessary to elect two members. The Chairman of the Supervisory Board, Hubertus Krossa, stepped down at the end of the Annual General Meeting after 10 years on the Supervisory Board. Gerhard Schempp was re-elected as a member of the Supervisory Board. Dr Andreas Blaschke was newly elected to the Supervisory Board.