Montana Aerospace AG (the “Company”) and its operating subsidiaries (the “Group” or “Montana Aerospace”), a leading, highly-vertically integrated manufacturer and supplier of system components and complex assemblies for the aerospace, e-mobility and energy industries with worldwide engineering and manufacturing operations, held its Annual General Meeting (AGM) of shareholders in Zurich on 18 May 2022.
All of the motions proposed by the Board of Directors were accepted. The AGM approved the Annual Review, the Consolidated Financial Statements and the Statutory accounts for the business year 2021. The balance sheet result will be carried forward and consequently no dividend will be paid out.
Furthermore, the AGM granted discharge to the members of the Board of Directors and the Management Board for their activities in the business year 2021. The AGM further approved the total compensation for the Board of Directors and the Management Board.
The AGM re-elected Michael Tojner and Thomas Williams as Co-Chairmen of the Board of Directors and Martin Ohneberg, Christian Hosp as well as Markus Vischer as members of the Board of Directors for a term of office until the end of the next ordinary AGM. Michael Tojner, Thomas Williams and Martin Ohneberg were also re-elected as members of the Nomination and Compensation Committee.
Moreover, the AGM approved the re-establishment of an authorized capital of CHF 5,000,000 and its extension until 18 May 2024 as well as the introduction of a new conditional capital for financing purposes in the amount of CHF 1,000,000.
KPMG and the law firm Keller KLG were both confirmed as external auditors and independent proxy for another year, respectively.
„One year after Montana Aerospace’s IPO, I would like to thank all our stakeholders. It has been an eventful year and we are pleased about the trust that shareholders, customers, partners and employees have placed in us day after day. We started 2021 with an ambitious growth plan and a future oriented strategy, which we still are consistently pursuing in order to shape the structural change in the aerospace-, e-mobility- and energy industries all around the world.“ says Michael Tojner, Co-Chairman of the Board of Directors.
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