Gelsenkirchen, 7 June 2023 – Masterflex SE (ISIN: DE0005492938), listed in the Prime Standard of the Frankfurt Stock Exchange, today held its Annual General Meeting 2023 in Gelsenkirchen.
The Shareholders' Meeting accepted the proposal of the Management Board and Supervisory Board and resolved a dividend of EUR 0.20 per share (previous year: EUR 0.12) for the 2022 financial year. This means that a total of around EUR 1,923,667 (previous year: EUR 1,154,200) will be distributed from the net retained profits of Masterflex SE.
The supplementary motions submitted by the major shareholder J.F. Müller & Sohn AG regarding the amendment of § 11 para. 1 of the Articles of Association and expansion of the Supervisory Board, regarding the amendment of § 11 para. 2 sentence 1 concerning the term of office of the members of the Supervisory Board as well as regarding the election of another member of the Supervisory Board were withdrawn.
The Annual General Meeting expressed its confidence in the members of the Management Board and the Supervisory Board of Masterflex SE for the financial year 2022 and approved all items on the agenda with large majorities. In his speech, CEO Dr Andreas Bastin reviewed the record year 2022 and went into detail about the resolved strategy expansion HERO@ZERO, which is a fundamental part of the future growth strategy.
„We have successfully led Masterflex into the next growth phase and, as we promised, further increased the profitability level after returning to a double-digit EBIT margin. Our Group is positioned in a stable, sustainable and future-oriented manner. In the past months, we have identified opportunities to additionally participate economically in the after-use life cycle of our high-quality products. This is what our future vision HERO@ZERO stands for, with which we are transforming our hoses and connection solutions made of high-tech plastics into a circular economy. In this way, we not only live up to our ecological responsibility, but also offer existing and new customers a decisive purchasing argument and underpin our position as an innovation and technology leader in the industry. HERO@ZERO is another important building block in achieving our growth target of EUR 200 million by the end of the decade," says Dr Andreas Bastin, CEO of Masterflex SE.
The voting presence was 61.76%. Further information on the Annual General Meeting 2023 and the detailed voting results are available for download at www.masterflexgroup.com in the Investor Relations section.