DGAP-News: Nabaltec AG: Shareholders adopt dividend in the amount of EUR 0.15 per share

Nabaltec AG: Shareholders adopt dividend in the amount of EUR 0.15 per share

Dividend payout with a total volume of EUR 1.32 million Shareholders approve all agenda items

Schwandorf/Amberg, 30 June 2020 - At today's virtual Annual Meeting, the Management Board and Supervisory Board of Nabaltec AG received strong support from shareholders for the company's strategy and future alignment. All agenda items which were put up to a vote were approved by a substantial majority.

Following the recommendation of the Management and Supervisory Boards, the shareholders adopted a dividend payout with a total volume of EUR 1.32 million, or EUR 0.15 per share. The remaining distributable profit, in the amount of EUR 39.1 million, will be carried forward to new account and thus retained by the company in order to further strengthen liquidity. The shareholders also voted to discharge the Management and Supervisory Boards and to select the auditor for Financial Year 2020.

"We would like to thank our shareholders for their confidence in Nabaltec AG and we are pleased to be able to pay out a dividend of this size even in this difficult environment, due to our solid liquidity and strong 2019 earnings," said Johannes Heckmann, the CEO of Nabaltec AG. "Because of the coronavirus pandemic, we decided to switch to a virtual annual meeting this year in order to protect the health of our shareholders."

Note: The voting results for Nabaltec AG's 2020 Annual Meeting will be available for download from the Investor Relations section of www.nabaltec.de, shortly.

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.

Contact:

Heidi Wiendl-Schneller Frank Ostermair/Vera Müller Nabaltec AG Better Orange IR & HV AG Phone: +49 9431 53-202 Phone: +49 89 8896906-14 Fax: +49 9431 53-260 Fax: +49 89 8896906-66 E-mail: InvestorRelations@nabaltec.de E-mail: nabaltec@better-orange.de