EQS-AGM: Kapsch TrafficCom AG: Summary of the resolutions of the Annual General Meeting.

Kapsch TrafficCom – Summary of the resolutions of the Annual General Meeting.

Vienna, September 4, 2024 – Today’s Annual General Meeting of Kapsch TrafficCom AG passed the following resolutions:

• No dividend will be paid out for the 2023/24 financial year; the entire net retained profits will be carried forward to new account.
• Approval of the actions of the members of the Executive Board and the members of the Supervisory Board for the financial year 2023/24.
• PwC Wirtschaftsprüfung GmbH, Vienna, appointed as auditor, group auditor as well as the auditor of the sustainability reporting for financial year 2024/25.
• Remuneration Report 2023/24 approved.
• Remuneration Policy for the members of the Executive Board and the members of the Supervisory Board approved.
• Resolution on the total remuneration of the elected members of the Supervisory Board from financial year 2024/25 until a future Annual General Meeting resolves a different remuneration.
• Sonja Wallner and Martin Fellendorf were elected to the Supervisory Board for a term of office ending at the end of the Annual General Meeting deciding on the formal approval of actions for financial year 2027/28.

The following proposed resolution was rejected:

• Authorization of the Executive Board (a) to purchase own shares in accordance with Section 65 para 1 no. 8 as well as para 1a and para 1b AktG both via the stock exchange and over-the-counter of up to 10% of the share capital, also by excluding the shareholders’ pro rata disposal rights, (b) in accordance with Section 65 para 1b AktG to resolve on the sale or appropriation of own shares in a different way than via the stock exchange or via a public offer and to exclude the shareholders’ pro rata subscription rights (exclusion of subscription rights), (c) to decrease the share capital of the Company by a redemption of own shares without any further resolution by the Shareholders’ Meeting.

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

With one-stop-shop-solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2023/24 financial year, about 4,000 employees generated revenues of EUR 539 million.
 

Further information: www.kapsch.net  Follow us on LinkedIn