Aluflexpack AG: Approval of all motions proposed at the AGM

Reinach (pta042/23.05.2024/18:00 UTC+2)

Aluflexpack AG (the "Group"), a leading manufacturer of premium circular flexible packaging and barrier solutions, held its Annual General Meeting (AGM) of shareholders in Dübendorf on 22 May 2024.

All of the motions proposed by the Board of Directors were accepted.

The AGM approved the Annal Review, the Consolidated Financial Statement and the Statutory accounts for the business year 2023. The balance sheet result will be carried forward and no dividend will be distributed.

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 also approved the total compensation of the Board of Directors and the Management Board.

The AGM re-elected Martin Ohneberg as President of the Board of Directors and Alois Bühler, Christian Hosp, Markus Vischer and Bernd Winter as members of the Board of Directors for a term of office until the end of the next ordinary AGM. Christian Hosp, Bernd Winter and Martin Ohneberg were also re-elected as members of the Nomination and Compensation Committee.

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

Martin Ohneberg, President of the Board of Directors, says: "I would like to extend my deepest gratitude to the management and all the employees of Aluflexpack and to each of our shareholders for their trust and support. Despite a challenging market environment in 2023, characterised by lower consumer spending as a result of inflationary environment and destocking among some of our customers, Aluflexpack continued its growth trajectory. With a strong platform in place, our commitment to innovation and operational excellence, we remain positive about the future."

Upcoming events:

21 August 2024: Half year results: January to June 2024

05 November 2024: Q3 Sales Statement

About Aluflexpack AG

Aluflexpack produces flexible packaging solutions for end markets such as Coffee & Tea, Pharmaceuticals, Pet food, Confectionery and Dairy. Its long-lasting customer relationships with locally operating companies and large international corporations alike are underpinned by well-established industry insights, flexibility in customer service and development competence. Headquartered in Reinach (Aargau), Switzerland, Aluflexpack has production facilities in Switzerland, France, Poland, Türkiye, Croatia and Tunisia. It had 1,602 employees as of 31 December 2023.

Disclaimer

Some of the information contained in this press release may be forward-looking in nature. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, meaning that actual results may differ materially from those in this press release as a result of various factors. Aluflexpack AG is not obliged to publicly update or revise any forward-looking statements.

(end)

Emitter:	Aluflexpack AG Alte Aarauerstrasse 11 5734 Reinach Switzerland
Contact Person:	Akim Bogdani
Phone:	+436648581138
E-Mail:	ir@aluflexpack.com
Website:	www.aluflexpack.com
ISIN(s):	CH0453226893 (Share)
Stock Exchange(s):	SIX Swiss Exchange