ELMOS SEMICONDUCTOR AG (FRA:ELG) EQS-News: Elmos: Annual General Meeting approves dividend of 0.85 Euro per share

Transparency directive : regulatory news

15/05/2024 15:51

EQS-News: Elmos Semiconductor SE / Key word(s): AGM/EGM/Dividend
Elmos: Annual General Meeting approves dividend of 0.85 Euro per share

15.05.2024 / 15:51 CET/CEST
The issuer is solely responsible for the content of this announcement.

Large majority for all items on the agenda

Dortmund, May 15, 2024: Elmos Semiconductor SE (FSE: ELG) held its virtual Annual General Meeting today. In total, over 85% of the share capital with voting rights was represented. All agenda items were adopted with a large majority. The Annual General Meeting approved a dividend of 0.85 Euro per share for fiscal year 2023, 13.3% higher than the previous year. The dividend will be paid on May 21, 2024.

In his presentation on fiscal year 2023, Dr. Arne Schneider, the CEO of Elmos Semiconductor SE, highlighted not only the positive financial performance with new records but also important milestones in the structural development of the Elmos Group. In addition, Dr. Schneider explained that the innovative microelectronics developed by Elmos make a significant contribution to improving people's lives and protecting our environment. He highlighted that Elmos, as a leading supplier of mixed-signal semiconductors, is well positioned to participate sustainably in the structural growth of the automotive semiconductor market due to the increasing digitalization and electrification of all systems and functions in the vehicle.

Furthermore, Dr. Schneider explained the latest financial figures for the first quarter of 2024 and confirmed the guidance for the current year.

Elmos Semiconductor SE
Ralf Hoppe, Head of Investor Relations, Public Relations & ESG
Phone: +49-231‐7549‐7000
Email: invest@elmos.com

About Elmos
Elmos develops, produces and markets semiconductors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For 40 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient. With our solutions we are already the worldwide #1 in applications with great future potential, such as ultrasonic distance measurement, ambient and rear light as well as intuitive HMI.

This release contains forward-looking statements that are based on assumptions and estimates made by the Elmos management. Even though we assume the underlying expectations of the forward-looking statements to be realistic, we cannot guarantee the expectations will prove right. The assumptions may carry risks and uncertainties, and as a result actual events may differ materially from the forward-looking statements. Among the factors that could cause such differences are changes in general economic and business conditions, fluctuations of exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products, and changes in business strategy. Elmos neither intends nor assumes any obligation to update its statements with respect to future events.

15.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Elmos Semiconductor SE
Heinrich-Hertz-Str. 1
44227 Dortmund
Phone: +49 (0)231 7549-575
Fax: +49 (0)231 7549-111
E-mail: invest@elmos.com
Internet: http://www.elmos.com
ISIN: DE0005677108
WKN: 567710
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1904157

End of News EQS News Service

1904157  15.05.2024 CET/CEST


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