clearvise AG with successful Annual General Meeting: strong approval for all
agenda items

EQS-News: clearvise AG / Key word(s): AGM/EGM
clearvise AG with successful Annual General Meeting: strong approval for all
agenda items

12.07.2024 / 19:32 CET/CEST
The issuer is solely responsible for the content of this announcement.

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clearvise AG with successful Annual General Meeting: strong approval for all
agenda items

* Shareholders support the chosen strategic course

* Attendance at the hybrid Annual General Meeting well above previous year

* Clear approval of all agenda items

Frankfurt, 12 July 2024 - The shareholders of clearvise AG (WKN A1EWXA /
ISIN DE000A1EWXA4) approved all resolutions proposed by the Management Board
and Supervisory Board with a clear majority at today's Annual General
Meeting. In order to maximise attendance, the Annual General Meeting was
held in a hybrid format for the first time. A total of 50.16 % of the share
capital with voting rights was represented (previous year: 46%). This is the
highest attendance since the company was founded in 2010.

Petra Leue-Bahns, CEO of clearvise AG: "I am delighted with the constructive
dialogue with our shareholders and the trust they have placed in us. The
last year was extremely challenging. Nevertheless, we managed to achieve or
even exceed our targets. With the resolutions adopted today, we can build on
the good business results of 2023 and lead clearvise into a successful
future."

At the Annual General Meeting, the Executive Board reported on business
development in 2023 and provided an outlook for the current financial year.
In a challenging environment, clearvise performed well and achieved or even
exceeded its most recent forecast targets. For example, clearvise achieved
consolidated sales of EUR 44.8 million and adjusted EBITDA of EUR 30.3
million. In order to optimise and diversify the portfolio, clearvise sold
the Finnish wind parks and is investing more heavily in the clearPARTNERS
co-development model with a focus on PV development in Italy and France. Of
these, 36 MW are already under construction and 30 MW are currently under
development. Recently, clearvise realised the -43 MW Wolfsgarten solar park,
which was connected to the grid in April, and invested in two further solar
parks at an advanced stage of development via cooperations in Italy. The
investment portfolio was thus expanded by 23% to 382 MW in the first half of
2024. clearvise is forecasting revenue for 2024 in the range of EUR 35.5
million to EUR 37.0 million. EBITDA adjusted for special effects is expected
to be in the range of EUR 21.8 million to EUR 23.1 million due to the lower
revenue resulting from the decline in electricity prices.

The proposal by the Executive Board and Supervisory Board to transfer the
net retained profits for 2023 to new account was approved by a majority. The
liquid funds are to be invested in the further optimisation of the
portfolio, in particular to exercise pending acquisition options. Other
items on the agenda included the resolution on the discharge of the
Executive Board and the discharge of the Supervisory Board, the resolution
on the election of the auditor and Group auditor and the election of a new
Supervisory Board member. Gebhard Littich, Managing Director at EQT, an
anchor investor in clearvise, will succeed Oliver Kirfel, who had announced
his resignation in the run-up to the AGM.

Manuel Sieth, CFO of clearvise AG: "Continuous investment in our portfolio
is an important growth factor for us. I am pleased that, with the support of
our shareholders, we can selectively invest the net profit in new projects
to further strengthen our portfolio."

The voting results for the agenda items are available here on the company
website.

About clearvise
clearvise AG is an independent producer of electricity from renewable
energies with a diversified European investment portfolio of onshore wind
and solar parks.

Based on a three-pillar acquisition strategy, the company is focusing on
profitably expanding its portfolio and creating added value for all
stakeholders with the individual clearSWITCH, clearPARTNERS and clearVALUE
models. The shares of clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4) have
been listed on the stock exchange since 2011 and are currently traded on the
open market of various German stock exchanges and via XETRA
(www.clearvise.com).

Contact

Company contact Media contact

     clearvise AG                            Kirchhoff Consult GmbH
     Andreas Riedel                          Jan Hutterer
     Phone: +49 (0)160 - 6938984             Phone: +49 40 60 91 86 65
     E-mail: andreas.riedel@clearvise.com    E-mail: clearvise@kirchhoff.de

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12.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        clearvise AG
                   Eschenheimer Anlage 1
                   60316 Frankfurt / Main
                   Germany
   Phone:          +49 (0) 69 247439232
   E-mail:         info@clearvise.com
   Internet:       www.clearvise.com
   ISIN:           DE000A1EWXA4
   WKN:            A1EWXA
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Munich, Stuttgart, Tradegate
                   Exchange
   EQS News ID:    1945649

End of News EQS News Service
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1945649 12.07.2024 CET/CEST