Montana Aerospace AG: Montana Aerospace AG approves all motions proposed at the annual general meeting

Reinach (pta005/22.05.2024/07:00 UTC+2)

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 industry with worldwide engineering and manufacturing operations, held its Annual General Meeting (AGM) of shareholders in Zurich, Switzerland, on 21 May 2024.

All of the motions proposed by the Board of Directors were accepted. The AGM approved the Annual Financial Statement, the Single-Entity as well as the Consolidated Financial Statements for the financial year 2023. 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 2023. 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 Christian Hosp, Markus Vischer as well as Helmut WIeser as members of the Board of Directors for a term of office until the end of the next ordinary AGM. Silvia Buchinger did not stand for re-election. Michael Tojner, Thomas Williams and Christian Hosp were re-elected as members of the Nomination and Compensation Committee.

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

Moreover, the AGM also approved the partial revision of the articles of association (amendment of art. 30 para. 3 regarding compensation of the Group Management Board).

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 7,300 highly skilled employees at 23 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 7652505
E-Mail:	m.vesely@montana-aerospace.com
Website:	www.montana-aerospace.com
ISIN(s):	CH1110425654 (Share)
Stock Exchange(s):	SIX Swiss Exchange