Nabaltec AG: shareholders resolve to raise dividend to 0.20 Euros per share

- Total distribution of EUR 1.76 million

- Shareholders approve all agenda items up for a vote

Schwandorf/Amberg, 27 June 2019 - At today's Annual Meeting in Amberg, the Management and Supervisory Boards of Nabaltec AG received strong approval from shareholders for the company's strategy and alignment. All agenda items up for voting were approved by a large majority.

In light of the company's success in Financial Year 2018, the shareholders voted to raise the dividend from EUR 0.18 to EUR 0,20 per shares, as proposed by the Management and Supervisory Boards. This represents a total distribution volume of EUR 1.76 million, with a net income of EUR 12.7 million in Financial Year 2018. The remainder of retained earnings, in the amount of EUR 29.0 million, will be carried forward to new account to support the company's policy of sustained growth.

"We would like to thank our shareholders for their trust," said Johannes Heckmann, CEO of Nabaltec AG. "We spent heavily in recent years as we invested in the company's development. Our shareholders have accompanied us on that path, which is why we are the all the more pleased to be able to raise the dividend once again based on our positive performance."

Besides voting to discharge the Management and Supervisory Boards, the shareholders also approved selection of the auditor for Financial Year 2019. Shareholders also adopted a change to the compensation of the Supervisory Board with regard to D&O insurance.

Note: The voting results from Nabaltec AG's 2019 Annual Meeting will be available for download as of 28 June 2019 from the Investor Relations section of www.nabaltec.de.
 

About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide and aluminum oxide on an industrial scale through its two product segments, "Functional Fillers" and "Specialty Alumina." The company's product range includes eco-friendly flame-retardant fillers and functional additives for the plastics industry. Flame-retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives have applications in catalysis and in electric vehicles. Nabaltec also produces specialty oxides for use in technical ceramics, the refractory and polishing industries. Nabaltec maintains production sites in Germany and the US and plans to continue to develop its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.

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