DGAP-News: Bastei Lübbe AG / Key word(s): AGM/EGM Bastei Lübbe AG's Annual General Meeting elects new Supervisory Board 01.12.2016 / 10:09 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bastei Lübbe AG's Annual General Meeting elects new Supervisory Board - Shareholders approve management's proposals - Annual General Meeting resolves dividend of EUR 0.10 per share - Robert Stein, Prof Friedrich L. Ekey and Dr Mirko Alexander Caspar elected as new Supervisory Board members Cologne, December 1, 2016. On 30 November 2016, Bastei Lübbe AG (ISIN DE000A1X3YY0), which is listed in the Prime Standard of the Frankfurt Stock Exchange, held its Annual General Meeting on the past 2015/2016 financial year in Cologne. At the end of the Annual General Meeting, the shareholders approved all of management's proposals on the agenda. The Annual General Meeting started with the Management Board's review of the past financial year. In his presentation, CEO Thomas Schierack reported on operating performance in the 2015/2016 financial year in addition to the company's strategic position and development. However, he also addressed the balance sheet issue related to the further sale of shares in oolipo AG and Daedalic Entertainment GmbH at the same time. "This was not an easy year for us, but we are now in a good position and have the right strategy and good products. We will also see this in the results in the years to come," said Schierack. The general debate focused on the election of the new members of the Supervisory Board. The incumbent members of the Supervisory Board resigned from office from the end of the Annual General Meeting. In accordance with the proposal on the agenda, Mr Robert Stein (Senior Investment Advisor at Rianta Capital Zurich AG and Managing Director of CAPNET), Prof Friedrich L. Ekey (Attorney-at-Law and Professor of Business Law at Rheinische Fachhochschule Cologne) and Dr Mirko Alexander Caspar (Managing Director of Mister Spex) were voted in until the end of the Annual General Meeting that adopts the resolution on the official approval of the Supervisory Board for the financial year ending on 31 March 2018. The election of Mr Robert Stein as the Chairman of the new Supervisory Board is planned as part of a subsequent constituent meeting. "Bastei Lübbe is an exciting company with sustainable growth potential. I am delighted to be able to accompany this as the designated Chairman of the Supervisory Board, "said Robert Stein at the Annual General Meeting. In addition to the company's Supervisory Board election, the resolution on the dividend was also on the agenda. The Annual General Meeting approved a dividend of EUR 0.10 per share by a large majority. Of the net profit of EUR 2,510,695.77 reported in the annual financial statements, the company is paying a total of EUR 1,320,010.00 as a dividend to shareholders. The remainder of the net profit of EUR 1,190,685.77 is to be carried forward to new account. At the time of voting, around 68.2% of the statutory share capital of Bastei Lübbe AG was represented at its Annual General Meeting. The Management Board's presentation and the voting results have been published at www.luebbe.com under Investor Relations. About Bastei Lübbe AG: Bastei Lübbe AG is an international media group based in Cologne. Its business operations focus on developing and licensing content distributed worldwide physically and digitally. The company's core business includes the traditional publishing business and the periodical puzzle magazines and novel booklets in the "Book" segment. With its twelve publishers and imprints, the group of companies currently offers approximately 3,600 titles in fiction, non-fiction and books for children and young adults. In the growing segment of hardcover fiction, the company has been the market leader in Germany for many years. At the same time, Bastei Lübbe is driving innovation in the field of digital media. As well as the production of thousands of audio and e-books, the "Digital" segment also includes holdings in the self-publishing platform "BookRix" and the renowned games publisher "Daedalic Entertainment". Bastei Lübbe AG's value chain is completed by the investment in the online shop "beam-ebooks.de" and the new and internationally unique streaming platform "oolipo". With currently 413 employees and an annual turnover of roughly EUR 104.9 million (financial year 2015/2016), Bastei Lübbe AG is the largest medium- sized family company in the German publishing industry. Since 2013, the company's shares have been listed in the Prime Standard of the Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0). Further information is available at www.luebbe.de. Contact Bastei Lübbe AG: Barbara Fischer Director / Vice President Public Relations Tel.: +49 (0) 221 / 82 00 28 50 E-mail: [email protected] --------------------------------------------------------------------------- 01.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Bastei Lübbe AG Schanzenstraße 6 - 20 51063 Köln Germany Phone: 02 21 / 82 00 - 0 Fax: 02 21 / 82 00 - 1900 E-mail: [email protected] Internet: www.luebbe.de ISIN: DE000A1X3YY0, DE000A1K0169 WKN: A1X3YY, A1K016 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 525785 01.12.2016