Montana Aerospace AG: APPROVAL OF ALL MOTIONS PROPOSED AT THE AGM

Reinach (pta005/19.05.2022/07:00 UTC+2)

MEDIA RELEASE
Reinach (Aargau), 19 May 2022

APPROVAL OF ALL MOTIONS PROPOSED AT THE AGM

Montana Aerospace AG (the "Company") and its operating subsidiaries (the "Group" or "Montana Aerospace"), a leading, highly-vertically integrated manufacturer and supplier of system components and complex assemblies for the aerospace, e-mobility and energy industries with worldwide engineering and manufacturing operations, held its Annual General Meeting (AGM) of shareholders in Zurich on 18 May 2022.

All of the motions proposed by the Board of Directors were accepted. The AGM approved the Annual Review, the Consolidated Financial Statements and the Statutory accounts for the business year 2021. The balance sheet result will be carried forward and consequently no dividend will be paid out.

Furthermore, the AGM granted discharge to the members of the Board of Directors and the Management Board for their activities in the business year 2021. The AGM further approved the total compensation for the Board of Directors and the Management Board.

The AGM re-elected Michael Tojner and Thomas Williams as Co-Chairmen of the Board of Directors and Martin Ohneberg, Christian Hosp as well as Markus Vischer as members of the Board of Directors for a term of office until the end of the next ordinary AGM. Michael Tojner, Thomas Williams and Martin Ohneberg were also re-elected as members of the Nomination and Compensation Committee.

Moreover, the AGM approved the re-establishment of an authorized capital of CHF 5,000,000 and its extension until 18 May 2024 as well as the introduction of a new conditional capital for financing purposes in the amount of CHF 1,000,000.

KPMG and the law firm Keller KLG were both confirmed as external auditors and independent proxy for another year, respectively.

"One year after Montana Aerospace's IPO, I would like to thank all our stakeholders. It has been an eventful year and we are pleased about the trust that shareholders, customers, partners and employees have placed in us day after day. We started 2021 with an ambitious growth plan and a future oriented strategy, which we still are consistently pursuing in order to shape the structural change in the aerospace-, e-mobility- and energy industries all around the world." says Michael Tojner, Co-Chairman of the Board of Directors.

Head of M&A and Investor Relations
Marc Vesely recte Riha
Phone: +43 664 61 26 261
E-mail: ir@montana-aerospace.com

Press contact
Jürgen Beilein
Phone: +43 664 831 2 841
E-mail: communication@montana-aerospace.com

About Montana Aerospace AG

Montana Aerospace AG is a leading manufacturer of system components and complex assemblies for the aerospace industry, with worldwide engineering and manufacturing operations. The Company has approximately 6,800 highly skilled employees at 32 locations on four continents – designing, developing and producing ground-breaking technologies for tomorrow's aerospace, E-Mobility and energy industries made of aluminium, titanium, composite, copper and steel.

Disclaimer

Statements contained herein may constitute "forward-looking statements". Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal", "aim" or "target" or the negative of these words or other variations of these words or comparable terminology.

Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.

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Emitter:	Montana Aerospace AG Alte Aarauerstrasse 11 5734 Reinach Switzerland
Contact Person:	Marc Vesely Recte Riha
Phone:	+41 62 7652500
E-Mail:	m.vesely@montana-aerospace.com
Website:	www.montana-aerospace.com
ISIN(s):	CH1110425654 (Share)
Stock Exchange(s):	SIX Swiss Exchange