Energiekontor AG: Annual General Meeting Approves Management Proposals

On 29 May 2024, Energiekontor AG held its Annual General Meeting. Shareholders approved proposals from the Management and Supervisory Boards by a large majority. About 73% of the registered share capital was represented.

The meeting approved several motions, including the actions of board members, the appointment of a new auditor, and the remuneration for the Supervisory Board. Shareholders also agreed to the remuneration report for 2023 and amendments to the articles of incorporation. Authorization for subscription rights issuance was canceled, and new conditional capital and a share option program were introduced.

The company had a successful 2023, achieving a net profit before taxes of 95.5 million euros. Consequently, a dividend of 1.20 euros per share was approved, which is a 20% increase from the previous year. Energiekontor continues to see strong growth potential with ongoing projects and new permits, including its first solar parks in France.