FORTEC Elektronik AG: Annual General Meeting approves dividend of EUR 0.85
per share

EQS-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): AGM/EGM
FORTEC Elektronik AG: Annual General Meeting approves dividend of EUR 0.85
per share

08.02.2024 / 15:13 CET/CEST
The issuer is solely responsible for the content of this announcement.

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FORTEC Elektronik AG: Annual General Meeting approves

dividend of EUR 0.85 per share

* High level of approval for all items on the agenda

* Shareholders approve dividend proposal of EUR 0.85 per share

  * Focus on current ESG issues, medium-term outlook and 'Strong Together
    2030' strategy

Shareholders approved all agenda items at yesterday's Annual General Meeting
by a large majority. Among other things, the proposal by the Executive Board
and Supervisory Board for a dividend of EUR 0.85 (previous year: EUR 0.70)
per share was approved by a majority. This means that around EUR 2.76
million of FORTEC Elektronik AG's balance sheet profit will be distributed.
The actions of the Management Board and Supervisory Board for the past
financial year 2022/2023 were also approved by a large majority.

In her speech on the 2022/2023 financial year, CEO Sandra Maile spoke of a
time with a lot of 'light and shade' and thanked all FORTEC Group employees
who had contributed to this very good result. She commented on the upcoming
ESG topics with the words 'ESG is here to stay' and 'necessary to ensure the
long-term success of the company'.

The Executive Board also provided information on the current status of the
standardised brand identity as part of 'FORTEC ONE', the current status of
the development site in Cairo, the 'HEKA' project and the new draft strategy
'Strong Together 2030' as part of the shareholder questions.

The voting results for the items on the agenda of the Annual General Meeting
will be available shortly at
https://www.fortecag.de/en/investor-relations/general-meeting/.

Sandra Maile

Chair of the Management Board

FORTEC Elektronik AG | Augsburger Str. 2b | 82110 Germering | Germany
Phone: +49 89 894450 232

aktie@fortecag.de | www.fortecag.de

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FORTEC Elektronik AG (ISIN Share: DE0005774103, WKN: 577410), based in
Germering, Germany, was founded in 1984 as an international distributor of
standard solutions in the field of power supplies, embedded systems and
displays. In addition, the FORTEC Group today offers customer-specific
developments and complete system developments. Since April 2020, FORTEC
Elektronik AG has been the holding company responsible for management of the
affiliated companies, group strategy and essential parts of the
administration. FORTEC Elektronik AG has subsidiaries in Germany,
Switzerland, the UK and the USA.

For better legibility, the generic masculine form is used in the text. Of
course, all genders are referred to equally without any intent to
discriminate.


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08.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        FORTEC Elektronik Aktiengesellschaft
                   Augsburger Str. 2b
                   82110 Germering
                   Germany
   Phone:          +49 (0)89 89 44 50 0
   Fax:            +49 (0)89 89 44 50 123
   E-mail:         aktie@fortecag.de
   Internet:       www.fortecag.de
   ISIN:           DE0005774103
   WKN:            577410
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1833677

End of News EQS News Service
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1833677 08.02.2024 CET/CEST