Wacker Neuson : AGM approves the proposed dividend, authorized capital is renewed

216 shareholders representing a total of 59,711,408 voting rights attended the Wacker Neuson SE Annual General Meeting in Munich today. Based on a share capital of 70.14 million shares, this corresponds to a 85.13-percent attendance.

In fiscal 2016, Wacker Neuson kept revenue stable despite challenging market conditions. The Executive Board described 2016 as a year of transition, marked by the optimization of processes and structures coupled with groundwork for future growth. The Executive Board and Supervisory Board are optimistic about the current fiscal year.

Resolutions passed at the AGM
The dividend payout proposed by the Executive Board and Supervisory Board's amounting to EUR 0.50 per share for fiscal 2016 (previous year: EUR 0.50) was approved by shareholders. This underscores the company's commitment to continuity in its dividend policy. The payout of EUR 35,070,000 (EUR 0.50 per share based on a total of 70,140,000 eligible shares) corresponds to a distribution ratio of 61.7 percent based on Group profit for 2016. The dividends are payable on June 2, 2017.

The actions of the Executive Board and Supervisory Board were formally approved for fiscal 2016. Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft in Stuttgart was again appointed as the official auditor to review the Annual and Consolidated Financial Statements.

The Annual General Meeting also authorized the Executive Board to increase the company's share capital, subject to the approval of the Supervisory Board, by issuing up to 17,535,000 new shares with the option of excluding subscription rights (so called approved capital). The previous approved capital from 2012 had recently expired. The authorized capital will enable the company to acquire suitable companies or holdings, for example, possibly in return for shares in Wacker Neuson SE. It will also enable the company to issue new shares against cash contributions, thus providing it with an additional financing instrument independent of banking institutions. Shareholders approved this proposal, giving the company the option of strengthening its competitive position without impacting its finances or liquidity. 'The resolution strengthens the growth strategy of our Group. It gives us maximum flexibility with regard to potential partners and financial institutions, and puts the company in an ideal position to leverage opportunities aimed at improving its market position and competitive edge,' explains Cem Peksaglam.

Voting results from the 2017 AGM
Voting results and further information are available online at:
www.wackerneusongroup.com/en/investor-relations/annual-general-meeting/2017

Your contact partner:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication/
Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Tel. +49-(0)89-35402-173
katrin.neuffer@wackerneuson.com
www.wackerneusongroup.com

About Wacker Neuson
The Wacker Neuson Group is an international family of companies and a leading manufacturer of light and compact equipment with over 50 affiliates and 140 sales and service stations. The Group offers its customers a broad portfolio of products, a wide range of services and an efficient spare parts service. The product brands Wacker Neuson, Kramer and Weidemann belong to the Wacker Neuson Group. Wacker Neuson is the partner of choice among professional users in construction, gardening, landscaping and agriculture, as well as among municipal bodies and companies in industries such as recycling, energy and rail transport. In 2016, the Group achieved revenue of EUR 1.36 billion, employing around 4,800 people worldwide.
www.wackerneusongroup.com