Annual General Meeting 2024: Shareholders approve dividend of EUR0.71 per
share

EQS-News: HELLA GmbH & Co. KGaA / Key word(s): AGM/EGM/Dividend
Annual General Meeting 2024: Shareholders approve dividend of EUR0.71 per
share

26.04.2024 / 21:20 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

LIPPSTADT (GERMANY)

26 April 2024


Annual General Meeting 2024:
Shareholders approve dividend of EUR0.71 per share

  * Continuation of the established dividend policy: total dividend payout
    is EUR79 million and thus amounts to around 30 percent of the net result,
    as before

  * CEO Bernard Schäferbarthold: "We are strategically well positioned. We
    have the right technologies, and our order intake is strong. As a
    company of the FORVIA Group, we have even more opportunities for the
    future."

The shareholders of HELLA GmbH & Co. KGaA ("FORVIA HELLA") approved the
dividend proposal at today's Annual General Meeting 2024 with a majority of
99.99 percent. All other items on the agenda were also approved by a large
majority.

As part of the Company's established dividend policy, a dividend of EUR0.71
per share will therefore be paid out. With a total amount of EUR79 million,
around 30 percent of the net result will be distributed to shareholders as
before. In the fiscal year 2023 (1 January to 31 December 2023), FORVIA
HELLA generated adjusted sales of EUR8.1 billion, an operating income margin
of 6.1 percent and a net cash flow in relation to sales of 2.6 percent. The
earnings for the period (net result) was EUR266 million.

"We achieved satisfactory results in 2023 in a volatile, challenging market
environment and achieved all of our targets for the year," said Bernard
Schäferbarthold, CEO of FORVIA HELLA, in his speech at the Annual General
Meeting. "FORVIA HELLA is strategically well positioned for the future. We
have the right technologies, we are globally positioned. Our order intake is
strong, as a company of the FORVIA Group we have even more opportunities for
the future. And we are already setting the course today for our success
tomorrow."

In his speech, Bernard Schäferbarthold also addressed the significance of
the year 2024 for the Company: "FORVIA HELLA will celebrate its 125th
anniversary this year. Since the Company was founded on 11 June 1899, we
have been shaping mobility with our lighting products and later also with
our electronic solutions. The anniversary not only fills us with pride, but
is also an obligation and an incentive for the future: not to stand still,
but to work every day to maintain and continuously expand our technological
leadership and competitive position."

As in the previous year, the Annual General Meeting 2024 was held in
Rheda-Wiedenbrück. It was attended by around 120 shareholders and further
guests; 89.99 percent of the share capital was represented at the time of
the vote.

An overview of the voting results and the speech of the CEO will be
published on the Company's homepage (in the Investor Relations section,
under Annual General Meeting 2024).

Note: You can also find this text and suitable images in our press database
at: www.hella.com/press


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

26.04.2024 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:        HELLA GmbH & Co. KGaA
                   Rixbecker Str. 75
                   59552 Lippstadt
                   Germany
   Phone:          +49 (0)2941 38-7125
   Fax:            +49 (0)2941 38-6647
   E-mail:         Investor.Relations@hella.com
   Internet:       www.hella.de/ir
   ISIN:           DE000A13SX22, DE000A3E5DP8
   WKN:            A13SX2, A3E5DP
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard), Munich,
                   Stuttgart; Regulated Unofficial Market in Berlin,
                   Dusseldorf, Tradegate Exchange; Luxembourg Stock
                   Exchange
   EQS News ID:    1891101

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

1891101 26.04.2024 CET/CEST