Annual General Meeting approves dividend of €1.15 per share and elects Kai-Uwe Knickmann to the Supervisory Board

CORPORATE NEWS

Stabilus SE: Annual General Meeting approves dividend of €1.15 per share and elects Kai-Uwe Knickmann to the Supervisory Board

Koblenz, February 5, 2025 - The Annual General Meeting of Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8), one of the world's leading providers of motion control solutions for a wide range of industries, approved all items on the agenda of this year's Annual General Meeting with the required majorities. The company will thus pay a dividend for the 2024 fiscal year (ended September 30, 2024) of €1.15 per share (FY2023: €1.75 per share). This is equivalent to a total dividend payment of €28.4 million (FY2023: €43.2 million) and a payout ratio of approx. 40% (FY2023: 42%).

Dr. Joachim Rauhut's term of office as a member of the Supervisory Board ended at today's Annual General Meeting. The Supervisory Board and the Management Board would like to thank Dr. Rauhut for his many years of commitment to the success of the Stabilus Group and his valuable contribution as a member of the Supervisory Board. The Annual General Meeting elected Kai-Uwe Knickmann (61) as a new member of the Supervisory Board. The graduate engineer has been Managing Director of KOSTAL Automobil Elektrik GmbH & Co KG since 2019 and a member of the Management Board of KOSTAL Mobility Holding SE since 2024. In total, he has more than 30 years of experience in the automotive industry. From 1999 to 2019, he held leading positions at Mann + Hummel, the global market leader for filtration, most recently as President & General Manager Original Equipment for passenger cars, commercial vehicles and industry. Prior to that, he worked for filter manufacturer Hengst Automotive SE from 1990 to 1999.

The share of the company equity represented at the Annual General Meeting was 84%. Details of the number of votes cast and the resolutions approved will shortly be made available on the Stabilus SE website at ir.stabilus.com.

Investor contact:
Andreas Schröder
Phone: +49 261 8900 8198
E-mail: anschroeder@stabilus.com
Web: ir.stabilus.com

Press contact:
Peter Steiner
Phone: +49 69 794090 27
E-Mail: Peter.Steiner@charlesbarker.de
Charles Barker Corporate Communications

About Stabilus

Stabilus is one of the world's leading providers of motion control solutions for a wide range of industries including mobility, industrial machinery, automation, energy, construction, health, leisure and furniture. Stabilus offers reliable and innovative solutions that enable, enhance and automate precise movement, positioning, opening, closing, lifting, lowering and adjusting actions. The Group, which has its headquarters in Koblenz, has a global production and distribution network with eight thousand employees worldwide and generated revenues of €1.3 billion in the 2024 fiscal year. Stabilus SE is listed in the Prime Standard segment of the Frankfurt Stock Exchange and is included in the SDAX index. For more information, see group.stabilus.com and ir.stabilus.com.

Important Notice

This press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.