KAP AG'S ANNUAL GENERAL MEETING APPROVES ALL RESOLUTIONS PROPOSED BY THE
MANAGEMENT BOARD AND SUPERVISORY BOARD

EQS-News: KAP AG / Key word(s): AGM/EGM
KAP AG'S ANNUAL GENERAL MEETING APPROVES ALL RESOLUTIONS PROPOSED BY THE
MANAGEMENT BOARD AND SUPERVISORY BOARD

12.07.2024 / 16:02 CET/CEST
The issuer is solely responsible for the content of this announcement.

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KAP AG'S ANNUAL GENERAL MEETING APPROVES ALL RESOLUTIONS PROPOSED BY THE
MANAGEMENT BOARD AND SUPERVISORY BOARD

Fulda, 12 July 2024 - The shareholders of KAP AG ("KAP"), a mid-sized
industrial holding company listed on the stock exchange (German securities
identification number: WKN 620840; ISIN DE0006208408), today approved by a
large majority all resolutions proposed by the Management Board and
Supervisory Board at the Company's 38th Annual General Meeting. On
aggregate, 82% of the share capital was represented at the Annual General
Meeting, held as an in-person event in Fulda.

Among other resolutions, the shareholders approved carrying forward the
retained earnings for the 2023 financial year to new account, thereby
supporting the proposal of the Management Board and Supervisory Board to
strengthen the Company's capital and financing base. The Annual General
Meeting also voted to exonerate the Management Board and Supervisory Board,
to approve the appointment of the auditor of the financial statements and
the consolidated financial statements as well as a sustainability auditor as
required - each for the 2024 financial year - and to adopt the 2023
remuneration report, among other matters.

"2023 was dominated by geopolitical tensions, rising energy costs and
adverse economic factors, which weighed on our financial performance
indicators accordingly. We cannot be satisfied with the reported figures for
the full year 2023. We have already made structural adjustments to make the
KAP Group and its segments even more efficient and leaner and to increase
profitability further. Moreover, our diversified positioning and focus on
profitable niche markets means that we can always respond flexibly and
evolve. In spite of all challenges, we are well prepared to reach our goals
and look to the future with optimism," Marten Julius, Spokesman of the KAP
AG's Management Board, explained in his address at this year's Annual
General Meeting.

KAP AG has published the detailed voting results on the agenda items at
https://www.kap.de/en/investor-relations/general-meeting.

Contact:
KAP AG
Kai Knitter
Head of Investor Relations & Corporate Communications
investorrelations@kap.de
+49 661 103 327

About KAP AG
KAP AG is a listed industrial holding company focused on upper mid-size
operating companies that seizes attractive growth opportunities in their
respective niche markets. Specifically, KAP AG currently focuses on four
distinct operating segments: engineered products, flexible films, surface
technologies and precision components. KAP AG currently has over 2,400
employees at 24 locations in eleven countries. KAP AG is a Participant of
the United Nations Global Compact and adheres to its principles-based
approach to responsible business. KAP AG's shares are listed on the
Regulated Market of the Frankfurt Stock Exchange (General Standard, ISIN
DE0006208408).


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12.07.2024 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:        KAP AG
                   Edelzeller Straße 44
                   36043 Fulda
                   Germany
   Phone:          06611030
   Fax:            0661103830
   E-mail:         office@kap.de
   Internet:       www.kap.de
   ISIN:           DE0006208408
   WKN:            620840
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1945555

End of News EQS News Service
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1945555 12.07.2024 CET/CEST