Annual General Meeting of STS Group AG approves all proposed resolutions by
a large majority

EQS-News: STS Group AG / Key word(s): AGM/EGM
Annual General Meeting of STS Group AG approves all proposed resolutions by
a large majority

14.06.2024 / 15:04 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Annual General Meeting of STS Group AG approves all proposed resolutions by
a large majority

* Dividend of EUR 0.041 per share

* All Supervisory Board members re-elected for a further term of office

* Growth prospects confirmed

Hagen, 14 June 2024. At yesterday's Annual General Meeting, the shareholders
of STS Group AG (ISIN: DE000A1TNU68), a global systems supplier for the
automotive industry listed in the General Standard of the Frankfurt Stock
Exchange, approved all proposed resolutions by a large majority. As in the
previous year, the Annual General Meeting was held at the headquarters of
STS Group AG in Hagen, Westphalia. A total of 79.37% of the company's share
capital was represented. The most important resolutions included the
dividend distribution for the 2023 financial year of EUR 0.041 per share and
the re-election of the entire Supervisory Board for a further three-year
term of office.

In his presentation to the shareholders, Alberto Buniato, CEO of STS Group
AG, emphasized the progress made and the good growth prospects in the
operating business, for example with the start of production at the Group's
new US plant: "Overall, we can look back on a pleasing year for the STS
Group, in which we were able to achieve significant improvements in almost
all areas. The increased performance of our company is also reflected in the
year to date, where we remain on course for growth. The current ramp-up of
production in the USA will also contribute to this in the second half of the
year." Buniato also confirmed the outlook for the 2024 financial year, in
which further sales revenue growth in the high single-digit percentage range
and an EBITDA margin in the high single-digit percentage range are expected.

The detailed voting results for the individual items on the agenda of the
Annual General Meeting are available at www.sts.group in the Investor
Relations section.

The company will report on the results for the first half of 2024 on 9
August 2024.

About STS Group:

STS Group AG, www.sts.group (ISIN: DE000A1TNU68), is a leading systems
supplier for the automotive industry. The group of companies employs 1,392
people worldwide and generated sales of EUR 277.9 million in the 2023
financial year. At its twelve plants and three development centers in
France, Germany, Mexico, China and, in future, the USA, STS Group ("STS")
produces and develops injection-moulded plastics and components made from
sheet moulding compounds (SMC), such as rigid and flexible vehicle and
aerodynamic trim, holistic interior systems, as well as lightweight and
battery components for electric vehicles. STS is a technological leader in
the production of plastic injection moulding and composite components. STS
has a large global footprint with plants on three continents. The customer
portfolio includes leading international manufacturers of commercial
vehicles, passenger cars and electric vehicles.

STS Group AG
Investor Relations
Kabeler Str. 4
58099 Hagen
Germany
ir@sts.group
www.sts.group

Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Telefon: +49 89 125 09 0333
E-Mail: sh@crossalliance.de
www.crossalliance.de


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14.06.2024 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:        STS Group AG
                   Kabeler Str. 4
                   58099 Hagen
                   Germany
   E-mail:         ir@sts.group
   Internet:       https://sts.group
   ISIN:           DE000A1TNU68
   WKN:            A1TNU6
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1925465

End of News EQS News Service
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1925465 14.06.2024 CET/CEST