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EQS-News: STS Group AG / Key word(s): AGM/EGM
Annual General Meeting of STS Group AG approves all proposed resolutions by a large majority
2024-06-14 / 15:04 CET/CEST
The issuer is solely responsible for the content of this announcement.
Annual General Meeting of STS Group AG approves all proposed resolutions by a large majority
. Dividend of EUR 0.041 per share
. All Supervisory Board members re-elected for a further term of office
. Growth prospects confirmed
Hagen, 14 June 2024. At yesterday's Annual General Meeting, the shareholders of STS Group AG (ISIN: DE000A1TNU68), a
global systems supplier for the automotive industry listed in the General Standard of the Frankfurt Stock Exchange,
approved all proposed resolutions by a large majority. As in the previous year, the Annual General Meeting was held at
the headquarters of STS Group AG in Hagen, Westphalia. A total of 79.37% of the company's share capital was
represented. The most important resolutions included the dividend distribution for the 2023 financial year of EUR 0.041
per share and the re-election of the entire Supervisory Board for a further three-year term of office.
In his presentation to the shareholders, Alberto Buniato, CEO of STS Group AG, emphasized the progress made and the
good growth prospects in the operating business, for example with the start of production at the Group's new US plant:
"Overall, we can look back on a pleasing year for the STS Group, in which we were able to achieve significant
improvements in almost all areas. The increased performance of our company is also reflected in the year to date, where
we remain on course for growth. The current ramp-up of production in the USA will also contribute to this in the second
half of the year." Buniato also confirmed the outlook for the 2024 financial year, in which further sales revenue
growth in the high single-digit percentage range and an EBITDA margin in the high single-digit percentage range are
expected.
The detailed voting results for the individual items on the agenda of the Annual General Meeting are available at
www.sts.group in the Investor Relations section.
The company will report on the results for the first half of 2024 on 9 August 2024.

About STS Group:
STS Group AG, www.sts.group (ISIN: DE000A1TNU68), is a leading systems supplier for the automotive industry. The group
of companies employs 1,392 people worldwide and generated sales of EUR 277.9 million in the 2023 financial year. At its
twelve plants and three development centers in France, Germany, Mexico, China and, in future, the USA, STS Group
("STS") produces and develops injection-moulded plastics and components made from sheet moulding compounds (SMC), such
as rigid and flexible vehicle and aerodynamic trim, holistic interior systems, as well as lightweight and battery
components for electric vehicles. STS is a technological leader in the production of plastic injection moulding and
composite components. STS has a large global footprint with plants on three continents. The customer portfolio includes
leading international manufacturers of commercial vehicles, passenger cars and electric vehicles.

STS Group AG
Investor Relations
Kabeler Str. 4
58099 Hagen
Germany
ir@sts.group
www.sts.group
Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Telefon: +49 89 125 09 0333
E-Mail: sh@crossalliance.de
www.crossalliance.de

2024-06-14 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:      STS Group AG 

Kabeler Str. 4
58099 Hagen
Germany

E-mail:       ir@sts.group 
Internet:     https://sts.group 
ISIN:         DE000A1TNU68 
WKN:          A1TNU6 
Listed:       Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1925465

End of News EQS News Service
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1925465 2024-06-14 CET/CEST

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END) Dow Jones Newswires

June 14, 2024 09:05 ET (13:05 GMT)