Annual General Meeting 2024 of Meyer Burger approves all motions

Meyer Burger Technology AG / Key word(s): AGMEGM
Annual General Meeting 2024 of Meyer Burger approves all motions

25.06.2024 / 18:56 CET/CEST

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Media release

Thun, Switzerland - June 25, 2024

Annual General Meeting 2024 of Meyer Burger approves all motions

At the Annual General Meeting of Meyer Burger Technology AG held at the
Culture and Convention Center in Thun, 9'812'697'834 registered shares were
represented, equivalent to approx. 41.33 percent of the share capital
entered in the Commercial Register. The shareholders approved all motions of
the Board of Directors. They approved the management report, annual
financial statements and consolidated financial statements for the 2023
financial year, as well as the report on non-financial matters (consultative
vote) and the compensation report. The Annual General Meeting approved the
appropriation of the balance sheet result and granted discharge to the
members of the Board of Directors and the Management Board for the 2023
financial year.

All current members of the Board of Directors were re-elected: They are
Franz Richter, Andreas Herzog and Mark Kerekes. Franz Richter was re-elected
as Chairman of the Board of Directors and re-elected as member of the
Nomination and Compensation Committee together with Andreas Herzog. The
auditors and the independent proxy were re-elected for a further term of
office.

The Annual General Meeting approved the 750:1 reverse stock split. The
reduction in the number of shares by a factor of 750, together with a
corresponding increase in the par value of each share by a factor of 750,
from the current CHF 0.01 to CHF 7.50, is intended to make the Company's
shares more attractive to a broader group of investors, as the current
market price of the shares may affect the shares' acceptability to certain
institutional investors, professional investors and other members of the
investing public.

Media contacts

Meyer Burger Technology AG
Anne Schneider
Head Corporate Communications
M. +49 174 349 17 90
anne.schneider@meyerburger.com

Alexandre Müller
Investor Relations
M. +41 43 268 3231
alexandre.mueller@meyerburger.com

About Meyer Burger Technology AG

www.meyerburger.com

Meyer Burger researches, develops and produces the latest generation of
highly efficient solar cells and solar modules based on patented
Heterojunction/SmartWire technology. As one of the few manufacturers
worldwide, the company also manufactures its own production equipment, which
ensures high quality and efficiency in production.

Meyer Burger's headquarters are located in Thun (Switzerland). The company
operates research centers and machine factories in Hohenstein-Ernstthal
(Germany), Hauterive and Neuchâtel (Switzerland). The highly automated
production of solar cells and solar modules takes place in Thalheim
(Germany) and in the future in Goodyear and Colorado Springs (USA). The
company has its own accredited test center for solar modules in Freiberg
(Germany). This is the key to the long service life and high precision of
Meyer Burger solar modules. There are sales offices in Europe, the USA,
Australia and Asia.

Around 1 100 people work for Meyer Burger worldwide. The company was founded
in 1953 in Switzerland. As a provider of production systems, the company has
shaped the development of the global photovoltaic industry along the entire
value chain in recent decades and has set essential industry standards. A
large part of the solar modules produced worldwide today are based on
technologies developed by Meyer Burger.

The registered shares of Meyer Burger Technology AG are listed on the SIX
Swiss Exchange (ticker: MBTN).


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=1d88d8d1c24bcb4222ae8e98f6839b90
File description: MM AGM Results pdf

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End of Media Release

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   Language:       English
   Company:        Meyer Burger Technology AG
                   Schorenstrasse 39
                   3645 Gwatt
                   Switzerland
   Phone:          +41 033 221 28 00
   E-mail:         mbtinfo@meyerburger.com
   Internet:       www.meyerburger.com
   ISIN:           CH0108503795
   Valor:          A0YJZX
   Listed:         SIX Swiss Exchange
   EQS News ID:    1932967

End of News EQS News Service
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1932967 25.06.2024 CET/CEST