HORNBACH Holding AG & Co. KGaA: Annual General Meeting approves dividend of
Euro 2.40 and introduces staggered terms in office for Supervisory Board

EQS-News: HORNBACH Holding AG & Co. KGaA / Key word(s): Dividend/AGM/EGM
HORNBACH Holding AG & Co. KGaA: Annual General Meeting approves dividend of
Euro 2.40 and introduces staggered terms in office for Supervisory Board

05.07.2024 / 13:41 CET/CEST
The issuer is solely responsible for the content of this announcement.

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HORNBACH Holding AG & Co. KGaA: Annual General Meeting approves dividend of
Euro 2.40 and introduces staggered terms in office for Supervisory Board

  * Dividend of Euro 2.40 approved for 2023/24 financial year - distribution
    quota rises to 30.7%

  * Hornbach has now paid a dividend without interruption or reduction for
    37 years

  * By AGM resolution, Supervisory Board introduces rotating system with
    staggered future terms and reduces term in office to four-year maximum

Bornheim (Palatinate), Germany, July 5, 2024.

Shareholders at today's Annual General Meeting of HORNBACH Holding AG & Co.
KGaA (ISIN: DE0006083405) voted with a large majority to approve the
distribution of a dividend of Euro 2.40 per share (2022/23: Euro 2.40). This
corresponds to a distribution quota of 30.7% (2022/23: 24.4%) and a dividend
yield of 3.5% based on the XETRA closing price on February 29, 2024.
HORNBACH is thus maintaining the continuity of its reliable dividend
strategy. Since its IPO in 1987, HORNBACH Holding has distributed a dividend
at least at the previous year's level to its shareholders each year.

Other proposals submitted by the Board of Management and Supervisory Board
also received majority approval at the Annual General Meeting. These
included the introduction of a rotating system for the composition of the
Supervisory Board ('staggered board'). This means that, unlike to date,
Supervisory Board members will no longer all be elected for identical terms
in office ending on the same date, but rather individually proposed for
re-election. In parallel, the future duration of a term in office will be
reduced from five years currently to a maximum of four years. This new
requirement takes immediate effect. This way, HORNBACH has ensured that, in
terms of its organization, the Supervisory Board will regularly benefit from
fresh momentum.

A total of 75.96% of HORNBACH Holding's share capital was represented at the
Annual General Meeting. The voting results for individual agenda items at
the Annual General Meeting and a recording of the presentation given by
Albrecht Hornbach are published on HORNBACH Holding's website at:
https://www.hornbach-holding.de/en/investor-relations/annual-general-meeting/

About the HORNBACH Group

HORNBACH is an independent, family-run retail group managed by HORNBACH
Holding AG & Co. KGaA, which is listed on the Frankfurt Stock Exchange and
included in the SDAX. Its largest subsidiary, HORNBACH Baumarkt AG, operates
171 DIY megastores with garden centers (including specialist stores) and
online shops in nine European countries. The HORNBACH Group also includes
HORNBACH Baustoff Union, a regional builders' merchant company with 38
locations in southwestern Germany and France, and HORNBACH Immobilien AG,
which develops retail real estate for the Group. In the 2023/24 financial
year (balance sheet date: February 29, 2024), the HORNBACH Group generated
net sales of Euro 6.2 billion, making it one of the top five retailers for
DIY and garden products in Europe. The Group has around 25,000 employees.

        Press and Investor Relations
                            contacts
      Antje Kelbert Head of Investor            Anne Spies Senior Investor
   Relations Tel.: +49 (0) 6348 / 60       Relations Manager Tel.: +49 (0)
                                2444                        6348 / 60 4558
       (1)antje.kelbert@hornbach.com            (1)anne.spies@hornbach.com
             Christian Grether Press             Maximilian Franz Investor
   Spokesperson Tel.: +49 (0) 6348 /       Relations Manager Tel.: +49 (0)
                             60 2571                        6348 / 60 2071
   (2)christian.grether@hornbach.com      (2)maximilian.franz@hornbach.com
                                  1.     1. mailto:anne.spies@hornbach.com
   mailto:antje.kelbert@hornbach.com                                    2.
                                  2.    mailto:maximilian.franz@hornbach.c
   mailto:christian.grether@hornbach                                    om
                                .com

HORNBACH Holding auf LinkedIn


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05.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        HORNBACH Holding AG & Co. KGaA
                   Hornbachstraße 11
                   76879 Bornheim
                   Germany
   ISIN:           DE0006083405
   WKN:            608340
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1940735

End of News EQS News Service
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1940735 05.07.2024 CET/CEST