HHLA's Annual General Meeting approves all proposed resolutions

EQS-News: Hamburger Hafen und Logistik AG / Key word(s): AGM/EGM
HHLA's Annual General Meeting approves all proposed resolutions

13.06.2024 / 18:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

Hamburg, 13 June 2024

HHLA Annual General Meeting 2024

HHLA's Annual General Meeting approves all proposed resolutions

* Dividend distribution of EUR 0.08 per class A share approved

  * Actions of Executive Board and Supervisory Board approved for the 2023
    financial year

The Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA)
approved all proposed resolutions today. This includes the decision to
distribute a dividend of EUR 0.08 per class A share.

In her speech, HHLA's CEO, Angela Titzrath, looked back at a challenging
2023 financial year. The ongoing war in Ukraine, geopolitical tensions, high
inflation and interest rate hikes had an impact on the economy and continued
to dampen the recovery from the pandemic, which was reflected in lower
figures for container handling and container transport for HHLA. In this
context, HHLA closed the financial year with revenue of EUR 1,446.8 million
and a Group operating result (EBIT) of EUR 109.4 million.

Angela Titzrath, CEO of HHLA: 'HHLA continues to operate in a difficult
market environment. Over the short and medium term, we will have to continue
to expect and navigate a volatile environment in global logistics. It's a
new normal to which HHLA has adapted. We continue to pursue our strategy to
make HHLA more connected, digital and sustainable in the future. To do so,
we will continue to invest in our terminals, our European network and in
additional innovative logistics solutions.'

The Annual General Meeting approved the proposal made by the Executive Board
and Supervisory Board to pay out a cash dividend of EUR 0.08 per publicly
listed class A share. A total of EUR 5.8 million will thus be distributed to
the shareholders of the Port Logistics subgroup. The payout ratio amounts to
67 percent, putting it at the upper end of the target range of 50 to 70
percent of the net profit for the year after minority interests. The Annual
General Meeting resolved to distribute EUR 2.20 per class S share for the
unlisted Real Estate subgroup. All class S shares are held by the Free and
Hanseatic City of Hamburg. HHLA is therefore distributing a combined total
of EUR 11.8 million to the shareholders of the two subgroups for the 2023
financial year.

The detailed voting results of the Annual General Meeting, the speech by the
CEO, Angela Titzrath, and the accompanying presentation are available on
HHLA's website in the Investor Relations section under 'Annual General
Meeting': www.hhla.de/en/annual-general-meeting.

Contact:

Julia Hartmann
Head of Investor Relations

HAMBURGER HAFEN UND LOGISTIK AG
Bei St. Annen 1, D-20457 Hamburg, www.hhla.de

Tel: +49-40-3088-3397
Fax: +49-40-3088-55-3397
E-mail: investor-relations@hhla.de


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

13.06.2024 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:        Hamburger Hafen und Logistik AG
                   Bei St. Annen 1
                   20457 Hamburg
                   Germany
   Phone:          +49 (0)40-3088-0
   Fax:            +49 (0)40-3088-3355
   E-mail:         info@hhla.de
   Internet:       www.hhla.de
   ISIN:           DE000A0S8488
   WKN:            A0S848
   Listed:         Regulated Market in Frankfurt (Prime Standard),
                   Hamburg; Regulated Unofficial Market in Berlin,
                   Dusseldorf, Hanover, Munich, Stuttgart, Tradegate
                   Exchange
   EQS News ID:    1924011

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

1924011 13.06.2024 CET/CEST