Media information – Annual General Meeting 2023

Zurich, 20 April 2023
 

Annual General Meeting of Kardex Holding AG approves all motions

The 45^th ordinary Annual General Meeting of Kardex Holding AG took place today. The meeting was attended by 50 shareholders. A total of 70.50% of the Company’s share capital was represented. All motions put forward by the Board of Directors to the Annual General Meeting were approved.

The proposed dividend payment of CHF 3.50 per registered share has been approved by the shareholders. The pay-out will take place on 26 April 2023.

All members of the Board of Directors proposed for re-election were confirmed for a further term of office of one year. Maria Teresa Vacalli was elected as new member of the Board of Directors.

In addition, the Articles of Incorporation were comprehensively adapted to the new Stock Corporation Law that came into force on 01 January 2023.

The 46^th ordinary Annual General Meeting of Kardex Holding AG will take place on 25 April 2024 in Zurich.

Contact for media and investors
Alexandre Müller, Investor Relations
Phone: +41 44 419 44 79 / Mobile: +41 (0)79 635 64 13
investor-relations@kardex.com
www.kardex.com

Kardex– Corporate Profile

Kardex is a global industry partner for intralogistic solutions and a leading supplier of automated storage solutions and material handling systems. The Group consists of two entrepreneurially managed divisions, Kardex Remstar and Kardex Mlog. Kardex Remstar develops, produces and maintains dynamic storage and retrieval systems and Kardex Mlog offers integrated materials handling systems and automated high-bay warehouses. The two divisions are partners for their customers over the entire lifecycle of a product or solution. This begins with an assessment of customer requirements and continues via the planning, realization and implementation of customer-specific systems through to ensuring a high level of availability and low lifecycle costs by means of customer-oriented lifecycle management. Around 2’100 employees in over 30 countries work for Kardex.

Disclaimer

This communication contains statements that constitute “forward-looking statements”. In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Kardex’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in Kardex’s past and future filings and reports and in past and future filings, press releases, reports and other information posted on Kardex companies’ websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Kardex disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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