Shareholders approve GEA's Climate Transition Plan 2040 by an overwhelming
98.4%

EQS-News: GEA Group Aktiengesellschaft / Key word(s): AGM/EGM/ESG
Shareholders approve GEA's Climate Transition Plan 2040 by an overwhelming
98.4% (news with additional features)

30.04.2024 / 14:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Shareholders approve GEA's Climate Transition Plan 2040 by an overwhelming
98.4%

Düsseldorf, April 30, 2024 - In a groundbreaking vote at today's Annual
General Meeting, GEA Group AG's shareholders approved by an overwhelming
majority the Climate Transition Plan 2040 presented to them. This
consultative vote makes GEA the first member of the DAX index family to ask
shareholders to approve its path to net zero. 98.44 percent voted in favor
of the plan.

'I am very pleased that our shareholders have decided to accompany us on our
journey to a sustainable future. Climate action calls on all of us to pull
together to achieve the progress so urgently needed for our planet. This is
not only mission-critical for GEA's long-term business success, but also
vital for future generations. That is why transparency and maintaining an
open dialog with our shareholders are a priority for us,' says CEO Stefan
Klebert.

GEA's Climate Transition Plan 2040 sets out the short, medium and long-term
targets for reducing greenhouse gas emissions at every link in the value
chain. It also specifies timings, action areas and the investments required.
The path to net zero emissions by 2040 focuses on three core areas:
transformation of the company's own operations (Scopes 1 and 2), product
portfolio transformation (downstream Scope 3) and supply chain
decarbonization (upstream Scope 3).

GEA intends to ask the Annual General Meeting to vote on the development of
the Climate Transition Plan every three years, and will report in its annual
sustainability report on the progress made.

Annual General Meeting confirms new Supervisory Board members
At the virtual Annual General Meeting, the shareholders elected Andreas
Renschler und Prof. Dr.-Ing. Axel Stepken as first-time shareholder
representatives of the Supervisory Board. Both appointments have been made
until the conclusion of the Annual General Meeting in 2027, which resolves
on the ratification of fiscal year 2026.

Industrial engineer and business graduate Andreas Renschler has served on
the Supervisory Board since September 1, 2023. Following his appointment by
the Düsseldorf Local Court, his Supervisory Board membership has now been
confirmed by the Annual General Meeting. The former member of both the
Volkswagen AG and Daimler AG Boards of Management is the current Chairman of
the Supervisory Board of Hella GmbH & Co. KG a. A. Andreas Renschler also
lectures in management accounting as an adjunct professor at the Technical
University of Munich.

Prof. Dr.-Ing Axel Stepken succeeds Dr. Jens Riedl, Investment Partner at
Groupe Bruxelles Lambert (GBL). Axel Stepken has served as CEO of TÜV SÜD
Stiftung since 2007 and is an honorary professor at the Technical University
of Munich.

All other proposals also approved by a large majority
The shareholders also approved the other resolutions proposed by the
Supervisory Board and Executive Board by a large majority. These included
the distribution of a dividend of EUR 1.00 (previous year: EUR 0.95) per
share. This means GEA has increased the profit distributed to shareholders
for the third consecutive year. The further improvement in operating
earnings achieved as part of the 'Mission 26' growth strategy made this
possible. The Annual General Meeting also approved the Supervisory Board
proposal to appoint PricewaterhouseCoopers to take over the audit tasks
performed by the previous auditor KPMG, with effect from 2024, in accordance
with the legal requirements regarding auditor rotation.

NOTE TO EDITORS

* Further information about GEA

* Please visit GEA's press website

* GEA images

* Further information about the Climate Transition Plan 2040

* Please visit our feature's section for information on current topics

Media Relations
Anne Putz
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany
Phone +49 211 9136-1500
anne.putz@gea.com

About GEA

GEA is one of the world's largest suppliers of systems and components to the
food, beverage and pharmaceutical industries. The international technology
group, founded in 1881, focuses on machinery and plants, as well as advanced
process technology, components and comprehensive services. With more than
18,000 employees, the group generated revenues of about EUR 5.4 billion in
more than 150 countries in the 2023 fiscal year. GEA plants, processes,
components and services enhance the efficiency and sustainability of
customer's production. They contribute significantly to the reduction of CO2
emissions, plastic usage and food waste. In doing so, GEA makes a key
contribution toward a sustainable future, in line with the company's
purpose: 'Engineering for a better world'.

GEA is listed on the German MDAX the European STOXX® Europe 600 Index and is
among the companies comprising
the DAX 50 ESG, MSCI Global Sustainability as well as Dow Jones
Sustainability World and Dow Jones Sustainability Europe Indices.

More information can be found online at gea.com.
If you do not want to receive any further information from GEA, please send
an e-mail to pr@gea.com.


---------------------------------------------------------------------------

Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=0199aa78c24754082118dcdbb928625e
File description: GEA Hauptversammlung 2024

---------------------------------------------------------------------------

30.04.2024 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.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   Language:       English
   Company:        GEA Group Aktiengesellschaft
                   Peter-Müller-Straße 12
                   40468 Düsseldorf
                   Germany
   Phone:          +49 (0)211 9136-0
   E-mail:         ir@gea.com
   Internet:       www.gea.com
   ISIN:           DE0006602006
   WKN:            660200
   Indices:        MDAX
   Listed:         Regulated Market in Berlin, Dusseldorf, Frankfurt
                   (Prime Standard), Hamburg, Munich; Regulated Unofficial
                   Market in Hanover, Stuttgart, Tradegate Exchange
   EQS News ID:    1893059

End of News EQS News Service
---------------------------------------------------------------------------

1893059 30.04.2024 CET/CEST