Frequentis AG: One year after the IPO - First virtual General Meeting went well

Vienna (pta031/14.05.2020/15:20 UTC+2) * Virtual General Meeting on first anniversary of IPO
* Karl Michael Millauer and Boris Nemsic re-elected to the Supervisory Board
* High majorities for all proposed resolutions

On the first anniversary of its IPO, Frequentis AG held its General Meeting online as a virtual meeting, due to the present COVID-19 situation. In keeping with Frequentis' philosophy of safety-critical communication, two providers were used, so the data were transmitted via two different channels. In addition, it was possible to dial in by phone.

"Our first year on the stock market and today's General Meeting show that private and institutional investors and many other stakeholders are greatly interested in Frequentis' business and its work as part of the safety-critical infrastructure in Austria and worldwide. Our numerous discussions with investors are a valuable enrichment of our work," said Frequentis' CEO, Norbert Haslacher.

The Annual General Meeting resolved to pay a dividend of EUR 0.15 per share entitled to the dividend for the 2019 financial year. The dividend will be paid as from 27 November 2020. Against the background of the COVID-19 pandemic, payment of the dividend is contingent upon legal permissibility on the payment date.

In the Supervisory Board meeting held after the Annual General Meeting, Karl Michael Millauer and Dr Boris Nemsic were re-elected to the Supervisory Board of Frequentis AG. Karl Michael Millauer was confirmed as Deputy Chairman of the Supervisory Board. The Supervisory Board comprises five shareholder representatives: Johannes Bardach (Chairman), Karl Michael Millauer (Deputy Chairman), Reinhold Daxecker, Boris Nemsic, and Petra Preining, and three employee representatives: Siegfried Meisel, Gabriele Schedl, and Reinhard Steidl.

The presentation, voting results, and further documents relating to the Annual General Meeting 2020 are available at http://www.frequentis.com/ir > General Meeting > General Meeting 2020.

About FREQUENTIS
Frequentis, headquartered in Vienna, is an international supplier of communication and information systems for control centres with safety-critical tasks. Such 'control centre solutions' are developed and marketed by Frequentis in the business sectors Air Traffic Management (civil and military air traffic control, air defence) and Public Safety & Transport (police, fire brigade, ambulance services, shipping, railways). As a global player, Frequentis operates a worldwide network of branches, subsidiaries and local representatives in more than 50 countries.

Products and solutions from Frequentis can be found in over 30,000 operator working positions and in approximately 140 countries. Founded in 1947, Frequentis considers itself to be the global market leader in voice communication systems for air traffic control with a market share of around 30%. In addition, the Frequentis Group's AIM (aeronautical information management) and AMHS (aeronautical message handling) systems, as well as GSM-R systems for Public Transport are industry leading global solutions.

The shares of Frequentis AG are traded on the Vienna and Frankfurt Stock Exchange under the ticker symbol FQT (ISIN: ATFREQUENT09). In 2019, the Frequentis Group had about 1,850 employees worldwide and generated revenues of EUR 303.6 million and EBIT of EUR 17.2 million.

For more information, please visit hhtp://www.frequentis.com

Brigitte Gschiegl, Director Corporate Communications, Frequentis AG,
brigitte.gschiegl@frequentis.com, +43 1 81150-1301

Stefan Marin, Head of Investor Relations, Frequentis AG,
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter:	Frequentis AG Innovationsstraße 1 1100 Wien Austria
Contact Person:	Stefan Marin
Phone:	+431811501074
E-Mail:	stefan.marin@frequentis.com
Website:	www.frequentis.com
ISIN(s):	ATFREQUENT09 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)
Other Stock Exchanges:	Regulierter Markt in Frankfurt