Kardex AG: Annual General Meeting approves all proposals by the Board of Directors

23 April 2015, Company News

EQS Group-Ad-hoc: Kardex AG / Key word(s): AGM/EGM

2015-04-23 / 17:41
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.


Kardex Group

Annual General Meeting approves all proposals by the Board of Directors

Zurich, 23 April 2015 - The 37th ordinary Annual General Meeting of Kardex
AG took place today. The meeting was attended by 63 shareholders. A total
of 50.96 % of the company's voting share capital was represented. All
proposals put forward by the Board of Directors to the Annual General
Meeting were approved.

The proposed distribution of CHF 1.65 per share from the capital
contribution reserve (ex-date: 27 April 2015, record-date: 28 April 2015,
payment date: 29 April 2015) as well as the partial reimbursement of CHF
0.65 per registered share by a reduction of the nominal value of registered
shares from CHF 11.00 to CHF 10.35 have been approved by the shareholders.
This reimbursement will take place approximately mid July 2015.

All members of the Board of Directors proposed for re-election were
confirmed for a further term of office of one year. Philipp Buhofer was
re-elected Chairman of the Board of Directors. The Annual General Meeting
confirmed the members of the Compensation and Nomination Committee Philipp
Buhofer, Ulrich Jakob Looser and Walter T. Vogel.

Furthermore, the remuneration report 2014 has been agreed upon a
non-binding consultative vote and the proposals regarding the maximum total
compensation to the Board of Directors until the next ordinary Annual
General Meeting and the Management Board for the financial year 2016 have
been approved.

The remaining amendments to the Articles of Association, on the Ordinance
against Excessive Compensation in Stock Exchange Listed Companies behalf,
were presented to the Annual General Meeting and approved by the

The 38th ordinary Annual General Meeting of Kardex AG will take place on 21
April 2016 in Zurich.

Edwin van der Geest, Investor Relations
Tel. +41 44 419 44 79
Tel. +41 79 330 55 22

13 August 2015                  Publication Interim Report 2015
                                Conference Call for Media and Analysts
10 March 2016                   Publication Annual Report 2015
                                Media and Analysts Conference year-end 2015
                                SIX Swiss Exchange, Zurich
21 April 2016                   Annual General Meeting  2016
                                SIX Swiss Exchange, Zurich
11 August 2016                  Publication Interim Report 2016
                                Conference Call for Media and Analysts

Kardex Group - Corporate Profile The Kardex Group is a global industry partner for intra-logistic solutions and a leading supplier of automated storage solutions and material handling systems. The Group consists of two entrepreneurially managed divisions, Kardex Remstar and Kardex Mlog. Kardex Remstar develops, produces and maintains shuttles and dynamic storage and retrieval systems and Kardex Mlog offers integrated materials handling systems and automated high-bay warehouses. The two divisions are partners for their customers over the entire life cycle of a product or solution. This begins with the assessment of customer requirements and continues through planning, realization and maintenance of customer-specific systems. It ensures a high level of availability combined with low total cost of ownership and operation. Around 1 500 employees in over 30 countries work for the Kardex Group. Kardex AG has been listed on the SIX Swiss Exchange since 1987. Disclaimer This communication can contain statements that constitute "forward-looking statements". In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Kardex's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in Kardex's past and future filings and reports and in past and future filings, press releases, reports and other information posted on Kardex Group companies' websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Kardex disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise. End of ad hoc announcement +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=JXLHPQGBXP Document title: Kardex AGM 23042015 --------------------------------------------------------------------- 2015-04-23 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. --------------------------------------------------------------------- Language: English Company: Kardex AG Thurgauerstrasse 40 8050 Zürich Switzerland Phone: +41 (0)44 419 44 79 E-mail: investor-relations@kardex.com Internet: www.kardex.com ISIN: CH0100837282 Valor: 100837282 Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart; Open Market in Frankfurt ; SIX End of News EQS Group News-Service --------------------------------------------------------------------- 347991 2015-04-23