• Discharge of Executive Board and Supervisory Board
  • Approval of all agenda items
  • Way paved for a reorganization of the capital structure

Kahl am Main, June 9, 2015 - The ordinary Annual General Meeting of the SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) today approved by majority all of the company's proposed corporate actions and thus paved the way for a successful reorganization of the capital structure. More than 200 shareholders participated in the Annual General Meeting at the Auditorium of Commerzbank in Frankfurt am Main, which corresponds to a representation of 10.8 % of the nominal capital of the company.

Approval of all AGM agenda items
The AGM agreed specially to agenda item 7 (Resolution on the amendment of the Authorized Capital 2012/I), agenda item 8 (Resolution on the authorization to issue warrant bonds and/or convertible bonds and to exclude the subscription right to these warrant bonds or convertible bonds as well as, additionally, creation of a conditional capital) as well as agenda item 9 (Resolution on the simplified procedure for reducing the share capital of SINGULUS TECHNOLOGIES Aktiengesellschaft to cover losses). Agenda item 10 (Resolution on the conversion of par value bearer shares into no-par value registered shares) was also approved.

In his speech Dr.-Ing. Stefan Rinck, Chief Executive Officer of SINGULUS TECHNOLOGIES, provided details about the course of business in 2014 as well as about the company's developments in the first quarter and subsequently particularly set forth the planned strategic repositioning of the company. The diversification into new application areas and markets, which was already announced in the past, is set to be progressed rigorously. In order to be able to follow this path, at first a financial restructuring is required. In this context, the company submitted to voting several authorization resolutions.

Dr.-Ing. Stefan Rinck remarks: "We, as the Executive Board, see a clear mandate to continue the initiated course of repositioning given by the approval through majority of vote of our shareholders with respect to the planned corporate actions. The shareholders are, just as we are, convinced of the company's potential and have authorized us to commence the required steps, so that the financial foundation for a sustainably positive development of SINGULUS TECHNOLOGIES can be laid."

Dr.-Ing. Rinck adds: "We continuously invested at SINGULUS TECHNOLOGIES in the past years and set the preconditions for benefitting substantially from long-term trends such as high-performance cells with our state-of-the-art technology. In addition, there are several growth markets, for which we see great potential for our technologic know-how in the medium-term. We will commit ourselves to these areas with new solutions."

Profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES develops innovative technologies for economic and resource-efficient production processes. SINGULUS TECHNOLOGIES' strategy targets the use and expansion of its existing core competencies. This includes process technology and scientific solutions combined with mechanical and plant engineering. The core competence of SINGULUS TECHNOLOGIES rests on vacuum thin-film and plasma technology, wet-chemical processing as well as thermal process technology.

SINGULUS TECHNOLOGIES works on expanding this expertise in its core segments and to transfer the know-how to new application areas: consumer goods, entertainment, energy, mobility and semiconductors.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

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