Drägerwerk AG & Co. KGaA: Dräger annual shareholders' meeting approves
significant dividend increase

EQS-News: Drägerwerk AG & Co. KGaA / Key word(s): AGM/EGM/Dividend
Drägerwerk AG & Co. KGaA: Dräger annual shareholders' meeting approves
significant dividend increase

08.05.2024 / 15:33 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Dräger annual shareholders' meeting approves significant dividend increase

Lübeck - Drägerwerk AG & Co. KGaA held its Annual Shareholders' Meeting 2024
today. All resolutions on the agenda items were passed with a vast majority.
In total, 46.2 percent of the share capital was represented (2023: 45.7
percent).

Dividend
Among the agenda items was the appropriation of net earnings. The
shareholders approved the joint proposal of the Supervisory Board and the
Executive Board to distribute a significantly higher dividend compared to
the 2022 fiscal year of EUR 1.74 per ordinary share (2022: EUR 0.13) and EUR
1.80 per preference share (2022: EUR 0.19) for the 2023 fiscal year.

"We would like to thank our shareholders very much for their trust," says
Stefan Dräger, Chairman of the Executive Board of Drägerwerk Verwaltungs AG.
"We generated a significant net profit in fiscal year 2023, and we also have
a solid equity ratio of over 40 percent. The simplification of our capital
structure is now finally complete. As a result, our investors will receive a
significantly higher dividend. We also want to distribute at least 30
percent of our profit as a dividend in the future."

Focus on medium-term corporate objectives
In the course of his speech, the Executive Board explained the business
development and confirmed the outlook for the current fiscal year. Stefan
Dräger illustrated why the Executive Board is focusing on corporate
objectives.

"After returning to growth and profitability last year, we are now focusing
on our three medium-term corporate objectives. Corporate Objective #1 is
'Focus on profitability'. This means that we will concentrate more strongly
on earnings growth in future. In the coming years, we want to further
increase our margin, on average by one percentage point per year," says
Stefan Dräger. "With Corporate Objective #2, 'innovation leadership', we
want to strengthen our innovative power, use it successfully in our markets
and become the first choice for our customers. We also want to expand our
expertise in interoperability and in the systems business in order to
achieve our Corporate Objective #3. By working on these three objectives, we
want to improve our DVA, with a positive DVA in 2024 and in all subsequent
years."

The voting results and all other relevant documents relating to the annual
shareholders' meeting are available on the following website:
https://www.draeger.com/en-us_us/Investor-Relations/Annual-Shareholders-Meeting

Further information is available in the financial report at www.draeger.com.

Disclaimer
This press release contains statements on the future development of Dräger
Group. These forward-looking statements are based on the current
expectations, presumptions, and forecasts of the Executive Board as well as
the information available to date. They were compiled to the best of the
company's knowledge. Dräger does not provide any warranty nor assume any
responsibility for the future developments and results described above.
These are dependent on a number of factors. They entail various risks and
contingencies outside of the company's influence and are based on
assumptions which could prove to be incorrect. Dräger does not assume any
responsibility for updating the forward-looking statements contained in this
report. This does not infringe any legal stipulations on the adjustment of
forecasts. Information on the financial indicators used (incl. alternative
performance measures) can be found on our corporate website www.draeger.com
in our Investor Relations section.


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08.05.2024 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.

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   Language:       English
   Company:        Drägerwerk AG & Co. KGaA
                   Moislinger Allee 53-55
                   23558 Lübeck
                   Germany
   Phone:          +49 (0)451 882-0
   Fax:            +49 (0)451 882-2080
   E-mail:         info@draeger.com
   Internet:       www.draeger.com
   ISIN:           DE0005550602, DE 000 555 063 6, DE 000 555 071 9
   WKN:            555060, 555063 Vorzüge, 555071 Genussschein D
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1898761

End of News EQS News Service
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1898761 08.05.2024 CET/CEST