27.03.2024 18:00:04 - dpa-AFX: GNW-Adhoc: AMG Critical Materials N.V. Publishes Agenda for the 2024 Annual General Meeting and Expands Management Board
Amsterdam, 27 March 2024 --- AMG Critical Materials N.V. ("AMG", EURONEXT
AMSTERDAM: "AMG") has published its Agenda and Explanatory Notes for the 2024
Annual General Meeting ("AGM") which will take place on May 8, 2024 at the
Hilton Hotel in Amsterdam.
The Agenda carries, amongst other items, the appointment of a new Management
Board member. The Supervisory Board has resolved to expand the Management Board
to four members, nominating Mr. Michael Connor to the Management Board as Chief
Corporate Development Officer, for a term of four (4) years. This additional
appointment is necessary due to the company's current strategic project
intensity, with the goal of ensuring effective capital allocation on a global
level.
Dr. Heinz Schimmelbusch, Chairman of the Management Board and CEO commented "I
am pleased to congratulate Michael on his nomination to the Management Board. I
have worked closely with him since he joined the Company in 2010 and have seen
firsthand his important contributions to AMG's success. Michael's extensive
strategic, financial, and operational knowledge, as well as his leadership and
management skills, will be invaluable assets to the Board. This updated
Management Board complements the new corporate structure exceptionally well and
helps ensure the Company will maintain its sound leadership into the future."
The Agenda furthermore carries the reappointment of Mr. Jackson Dunckel (CFO) as
a member of the Management Board for a term of four (4) years, and reappointment
of Dr. Donatella Ceccarelli as a member of the Supervisory Board for a term of
two (2) years. Given the rotation schedule of the Supervisory Board and the
retirement of Professor Hanke and Mr. Depp in 2025, the Supervisory Board has
resolved, in order to prepare for an orderly transition, to expand its resources
in 2024 to create a Board with seven (7) members at the AGM in May 2024. The
Supervisory Board is very pleased that Ms. Dagmar Bottenbruch is prepared to
rejoin AMG's Supervisory Board as an independent member, and to secure
continuity given her past experience and successful track record as a
Supervisory Board member and member of the Remuneration Committee until 2023.
The Supervisory Board will therefore nominate Ms. Bottenbruch for appointment at
the AGM on May 8, 2024 as an independent member of the Supervisory Board for a
term of four (4) years.
Shareholders will have the option to exercise voting rights by providing voting
instructions prior to the AGM in accordance with the (proxy) voting procedures.
The Agenda and Explanatory Notes, including instructions for shareholders to
attend the meeting and/or to exercise their voting rights, are available to
investors and other interested parties via the AMG website (www.amg-nv.com
(http://www.amg-nv.com)).
About AMG
AMG's mission is to provide critical materials and related process technologies
to advance a less carbon-intensive world. To this end, AMG is focused on the
production and development of energy storage materials such as lithium,
vanadium, and tantalum. In addition, AMG's products include highly engineered
systems to reduce CO(2) in aerospace engines, as well as critical materials
addressing CO(2) reduction in a variety of other end use markets.
AMG's Lithium segment spans the lithium value chain, reducing the CO(2)
footprint of both suppliers and customers. AMG's Vanadium segment is the world's
market leader in recycling vanadium from oil refining residues, spanning the
Company's vanadium, titanium, and chrome businesses. AMG's Technologies segment
is the established world market leader in advanced metallurgy and provides
equipment engineering to the aerospace engine sector globally. It serves as the
engineering home for the Company's fast-growing LIVA batteries, and spans AMG's
mineral processing operations in graphite, antimony, and silicon metal.
With approximately 3,600 employees, AMG operates globally with production
facilities in Germany, the United Kingdom, France, the United States, China,
Mexico, Brazil, India, Sri Lanka, and Mozambique, and has sales and customer
service offices in Japan (www.amg-nv.com (http://www.amg-nv.com)).
For further information, please contact:
AMG Critical Materials N.V. +1 610 975 4979
Michele Fischer
mfischer@amg-nv.com (mailto:mfischer@amg-nv.com)
Disclaimer
Certain statements in this press release are not historical facts and are
"forward looking". Forward looking statements include statements concerning
AMG's plans, expectations, projections, objectives, targets, goals, strategies,
future events, future revenues or performance, capital expenditures, financing
needs, plans and intentions relating to acquisitions, AMG's competitive
strengths and weaknesses, plans or goals relating to forecasted production,
reserves, financial position and future operations and development, AMG's
business strategy and the trends AMG anticipates in the industries and the
political and legal environment in which it operates and other information that
is not historical information. When used in this press release, the words
"expects," "believes," "anticipates," "plans," "may," "will," "should," and
similar expressions, and the negatives thereof, are intended to identify forward
looking statements. By their very nature, forward looking statements involve
inherent risks and uncertainties, both general and specific, and risks exist
that the predictions, forecasts, projections and other forward looking
statements will not be achieved. These forward looking statements speak only as
of the date of this press release. AMG expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any forward looking
statement contained herein to reflect any change in AMG's expectations with
regard thereto or any change in events, conditions, or circumstances on which
any forward looking statement is based.
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