Masterflex SE: Annual General Meeting approves dividend payment of EUR 0.07 per share

Gelsenkirchen, 28 May 2019 - The shareholders of Masterflex SE approved all items on the agenda at today's Annual General Meeting with a large majority. In addition to the discharge of the Executive Board and Supervisory Board, it was resolved, among other things, to distribute a dividend of EUR 0.07 per share to the shareholders. Furthermore, the existing Supervisory Board with its members Georg van Hall (Chairman), Dr. Gerson Link and Jan van der Zouw was confirmed in office and elected for a further six years.

In its speech to the Annual General Meeting, the Executive Board reported on the continuation of the growth course in the 2018 financial year and on the pleasing increase in sales and earnings in the first quarter of 2019. Against this background, the full-year forecast was confirmed. Accordingly, Group sales are expected to grow by 3.0 % to 6.0 % in 2019, while operating EBIT is expected to increase further compared to 2018. In addition, the Executive Board presented in detail the opportunities and value-enhancing potential arising for the Masterflex Group as a result of digitisation.

Dr. Andreas Bastin, CEO of Masterflex SE: "We can be very satisfied with the business development in the first three months of 2019. The positive development of the first quarter continued in April. Nevertheless, we see further potential for earnings development and will therefore launch a comprehensive optimisation programme, which we will present to our stakeholders in detail this summer. I would like to express my sincere thanks to our shareholders for their confidence in this course, which was expressed at today's Annual General Meeting."

Note: The voting results of the 2019 Annual General Meeting of Masterflex SE will be available for download from 29 May 2019 at www.masterflexgroup.com in the Investor Relations section.

The Masterflex Group specialises in the development and production of high-quality hose and connection systems. With 14 operating units in Europe, America and Asia, the Group maintains a nearly global presence. Its growth drivers are internationalization, innovation, operational excellence and digitization. Masterflex shares (German Securities ID: 549293) have been admitted for trading in Deutsche Börse's Prime Standard segment since 2000.

Contact: Frank Ostermair/Linh Chung, Better Orange IR & HV AG, Phone: 49 89 88 96 906 14,
E-mail: [email protected]