Post by Tessenderlo Group

It was a pleasure to welcome our shareholders to the Annual Shareholders’ Meeting at our headquarters in Brussels. With 84% of voting rights represented, shareholders approved all agenda items, including the financial statements, the allocation of results, the remuneration report and remuneration policy, and the discharge of the (resigning) directors and statutory auditor. During the meeting, shareholders raised several questions, including about the impact of today’s challenging economic environment and how the Group is responding to it. “How we are dealing with the environment in which we currently operate reflects what we stand for at Tessenderlo Group: staying close to our customers, making disciplined choices, and building long-term value, even when the environment is complex,” said Luc Tack, CEO of Tessenderlo Group. The meeting also included changes to the Board of Directors. The resignation of Mr. Karel Vinck was acknowledged, and the co-optation of Ms. Béatrice Bruey as independent non-executive director was confirmed for the remaining term of office, i.e. until the end of the shareholders’ meeting approving the annual accounts for the financial year closed on December 31, 2026. Following a proposal by the Board of Directors, shareholders approved a gross payment of €0.75 per share from the available share premium, of which 28.17% is treated as a dividend for tax purposes and is subject to a 30% withholding tax. The distribution is payable on June 5, 2026. The presentation, minutes, and related information from the Annual General Meeting are available on our website https://brnw.ch/21x2t2Y #TessenderloGroup #AnnualGeneralMeeting #CustomerFocus #BuildingForFutureGenerations