DGAP-News

Hamburger Hafen und Logistik AG: HHLA Distributes EUR 46.7 million to Shareholders for the 2016 Financial Year

DGAP-News: Hamburger Hafen und Logistik AG / Key word(s): AGM/EGM Hamburger Hafen und Logistik AG: HHLA Distributes EUR 46.7 million to Shareholders for the 2016 Financial Year 21.06.2017 / 17:45 The issuer is solely responsible for the content of this announcement. Hamburg, 21 June 2017

Annual General Meeting 2017
HHLA Distributes EUR 46.7 million to Shareholders for the 2016 Financial Year

The Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) today resolved to pay a dividend of EUR 0.59 per listed Class A share. HHLA is therefore distributing a total of EUR 41.3 million to the shareholders of the Port Logistics subgroup for 2016, just as in 2015. This corresponds to a dividend payout ratio equal to 65 percent of the profit after tax and minority interests. The figure is once again at the upper end of the dividend payout range of 50 to 70 percent, which remains a cornerstone of the company's dividend policy. The dividend proposal made by the Executive Board and the Supervisory Board was ratified by 99.97 percent of the votes cast.

In her speech at the Annual General Meeting, the Chairwoman of the Executive Board, Angela Titzrath, emphasised: "HHLA rests on solid foundations and has secured a stable level of demand that will provide us with planning security for the 2017 financial year. To strengthen HHLA's

long-term viability, the aim now is to develop strategic options for the business of the future.

This includes our aspiration to be the engine of digital change in the Port of Hamburg."

The Annual General Meeting resolved to distribute EUR 2.00 per Class S share for the unlisted Real Estate subgroup. All of the Class S shares are held by the Free and Hanseatic City of Hamburg. HHLA is therefore distributing a combined total of EUR 46.7 million to the shareholders of the two subgroups for the last financial year.

The shareholders formally approved the actions of both the HHLA Executive Board and the Supervisory Board during the 2016 financial year with 99.95 percent and 98.02 percent of the votes cast, respectively. Ms. Titzrath thanked Prof. Dr. Peer Witten, who is stepping down from his position, for "the work you did, for the constructive partnership and for your support when I started". The Annual General Meeting appointed the former CEO of Deutsche Bahn AG, Dr. Rüdiger Grube, and the CEO Region North of Siemens AG, Michael Westhagemann, as new members of the Supervisory Board.