PNE AG: General meeting of shareholders approves dividend

Cuxhaven, 13 May 2025 – We look back on a successful financial year 2024 and at the same time are optimistic about the future," said Heiko Wuttke, CEO of PNE AG, in his speech at the Annual General Meeting of PNE AG today (13 May 2025). "The new German government does not currently indicate that it is putting the brakes on the expansion of renewable energies. The issue of security of supply with a focus on the scope of grid expansion will become more important. But we can also handle this well."

At the Annual General Meeting, the shareholders of PNE AG voted overwhelmingly in favour of the use of the balance sheet profits and hence the proposal of the Board of Management and Supervisory Board to distribute a dividend of euro 0.04 and also a special dividend of euro 0.04 per eligible share.

The shareholders clearly approved the proposed resolution to relieve the members of the Board of Management in office in the 2024 financial year for the period of their respective terms of office in the 2024 financial year. The members of the Board of Management in the 2024 financial year were: Jörg Klowat (until 31 March 2024), Markus Lesser (until 31 July 2024), Per Hornung Pedersen (since 1 August 2024), Roland Stanze (since 1 August 2024) and Harald Wilbert. The shareholders also approved the actions of the Supervisory Board with a clear majority

The shareholders elected Dirk Simons to the Supervisory Board by a large majority. With this special election, they confirmed the order of the Tostedt Local Court.

The Annual General Meeting also overwhelmingly approved the compensation report.

The election of KPMG AG Wirtschaftsprüfungsgesellschaft, Bremen, as the renewed auditor for the 2025 financial year and as the Group auditor for the 2025 financial year was also carried by a large majority.

The required 75% majority was not achieved for the proposal to create New Authorised Capital.

The Annual General Meeting was held as an event with personal attendance.