Stabilus S.A.: Extraordinary General Meeting resolves change of legal form from Société Anonyme (S.A.) to Societas Europaea (SE)

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Stabilus S.A.: Extraordinary General Meeting resolves change of legal form from Société Anonyme (S.A.) to Societas Europaea (SE)

Luxembourg/Koblenz, March 24, 2022 - The Extraordinary General Meeting of Stabilus S.A. (ISIN: LU1066226637), one of the world's leading suppliers of motion control solutions for a wide range of industries, today resolved, with an attendance rate of 77.4% and an approval rate of 100.0%, to change the legal form of the Company from Société Anonyme (S.A.) under Luxembourg law to a European Company (Societas Europaea, SE). After the entry in the Luxembourg Commercial Register to be made in the next few days, the Company will trade under the name "Stabilus SE".

In addition, in preparation for the relocation of the Company's registered office from Luxembourg to Germany, the nominal value per share is increased from €0.01 to €1 and the share capital is increased from €247 thousand to €24.7 million from own funds. The total number of shares outstanding remains unaffected and is unchanged at 24.7 million shares. The Company's Articles of Association are updated in accordance with the resolutions. Furthermore, the Extraordinary General Meeting confirms the mandates of the Supervisory Board members and the mandate of the independent auditor with approval rates of 100.0% and 99.7% respectively.

The detailed voting results can be found at www.stabilus.com/investors/gm.

Dr. Michael Büchsner, CEO of Stabilus, said: "We would like to thank our shareholders for their high attendance and strong support. We hope for equally broad support for the planned transfer of Company's registered office from Luxembourg to Germany, which will be submitted to the Extraordinary General Meeting planned for summer 2022 for resolution."

Investor contact:
Andreas Schröder
Tel.: +352 286 770 21
E-Mail: anschroeder@stabilus.com

Press contact:
Peter Steiner
Tel.: +49 69 794090 27
E-Mail: Peter.Steiner@charlesbarker.de
Charles Barker Corporate Communications

About Stabilus
Stabilus is one of the world's leading suppliers of motion control solutions for a wide range of industries such as mobility, healthcare, leisure, furniture, energy, construction, industrial machinery and automation. Based on more than eight decades of experience, Stabilus offers reliable and innovative solutions that enable, improve or automate opening, closing, lifting, lowering and adjusting operations. The damping and vibration isolation technologies developed by Stabilus can be individually tailored to the needs of customers and offer protection against shocks, vibrations and noise. Headquartered in Koblenz, Germany, the group has an international network of production facilities in eleven countries with more than six thousand employees worldwide and reported revenue of €937.7 million in the 2021 fiscal year. Additionally, the Group maintains regional offices and relations to sales partners in over fifty countries in Europe, North, Central and South America, and in Asia Pacific. Stabilus S.A. is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the SDAX index.

Important Notice
This press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.