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EQS-News: SMT Scharf AG / Key word(s): AGM/EGM
SMT Scharf AG: Annual General Meeting approves all proposed resolutions by a large majority
2024-05-22 / 17:40 CET/CEST
The issuer is solely responsible for the content of this announcement.
SMT Scharf AG: Annual General Meeting approves all proposed resolutions by a large majority
. Managing Board and Supervisory Board approved by a large majority for the 2023 financial year
. New Supervisory Board elected, consisting of 5 members in future
. Attendance of the represented share capital recorded at 41.73 %
Hamm, May 22, 2024 - SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a leading global provider of customized transport
solutions and logistics systems for underground mining, successfully held its 2024 Annual General Meeting in Hamm
today, on Wednesday. The share capital represented amounted to 41.73 %. All proposed resolutions were approved by the
Annual General Meeting with a large majority. The shareholders approved the members of the Management Board and
Supervisory Board for the past financial year elapsed by a large majority.
Moreover, the Annual General Meeting also elected a new Supervisory Board, which continues to include Prof. Dr. Louis
Velthuis, Dr.-Ing. Dirk Vorsteher and graduate economist Dorothea Gattineau. Following the registration of the resolved
amendment to the Articles of Association, the Supervisory Board will consist of a total of five members. The candidates
for these vacancies have not yet been determined, but the two open positions are to be filled in a timely manner. Dr.
Li Zhang, Managing Director of Yankuang Donghua Heavy Industry Co., Ltd. and Dr. Qiang Yu, Minister of Financial
Management at Yankuang Energy Group Company Limited, were also elected as substitute members of the Supervisory Board.
At the meeting, the Managing Board reported on SMT Scharf AG's business performance in the 2023 business year, followed
by an overview of developments in the first quarter of 2024, as well as the expectations for the year as a whole. In
the year elapsed, SMT Scharf recorded strong demand for spare parts and service in its core markets, as mining
customers focused on fleet maintenance and servicing. New investment business, which had declined in the past reporting
year, was up again in the first quarter of 2024 compared to the same prior year period. The major orders received in
the tunnel logistics segment, where activities to expand business outside of coal mining are bearing fruit, also give
rise to a positive outlook on the current year.
Rödl & Partner GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Cologne branch, was once again
appointed as auditor for the 2024 financial year.
The detailed voting results for the respective agenda items will be made available on the website at www.smtscharf.com
in the Investor Relations section.

Company profile
The SMT Scharf Group develops, manufactures and services transportation equipment for underground mining as well as for
tunnel construction. The main products include captivated railway systems that are deployed worldwide, primarily in
hard coal mines, as well as in mines for gold, platinum and other metals. They are needed to transport material and
personnel with payloads of up to 48 tonnes and on routes with gradients of up to 30 degrees. In addition, SMT Scharf
supplies the mining sector with chairlifts. Since 2018, SMT Scharf's diverse portfolio has also included rubber-tyred
diesel and electric vehicles for mining and tunnelling, including loaders, scissor lifts and underground trucks. As
part of the further diversification of the business, the product range has been successfully expanded since 2019 to
include electronic components and control systems for mining and other industries. Overall, the SMT Scharf Group is
active with subsidiaries in seven countries, as well as commercial agencies worldwide. Further information about the
SMT Scharf Group can be found online at www.smtscharf.com.
Contact
Investor Relations
cometis AG
Thorben Burbach
Phone: +49(0)611 - 205855-23
Fax: +49(0)611 - 205855-66
Email: burbach@cometis.de
2024-05-22 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.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      SMT Scharf AG 

Römerstrasse 104
59075 Hamm
Germany

Phone:        +49 2381 960-01 
Fax:          +49 2381 960-311 
E-mail:       info@smtscharf.com 
Internet:     www.smtscharf.com 
ISIN:         DE000A3DRAE2 
WKN:          A3DRAE 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), 

Stuttgart, Tradegate Exchange
EQS News ID: 1909091

End of News EQS News Service
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1909091 2024-05-22 CET/CEST

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END) Dow Jones Newswires

May 22, 2024 11:40 ET (15:40 GMT)