DGAP-News: JOST Werke AG / Key word(s): AGM/EGM/Dividend JOST Werke AG: Strong shareholders' support at Annual General Meeting of JOST Werke AG 07.05.2018 / 09:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Strong shareholders' support at Annual General Meeting of JOST Werke AG Neu-Isenburg, May 7, 2018: Shareholders of JOST Werke AG ("JOST") approved all resolutions proposed by the Management Board and the Supervisory Board by a large majority at the Annual General Meeting, which took place last Friday, May 4, 2018. The Annual General Meeting resolved to pay a dividend of EUR 0.50 per share, which will be paid free of tax for shareholders living in Germany. Shareholders also approved the actions of the Management Board and the Supervisory Board for fiscal year 2017 by a large majority. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, was elected as auditor of the annual and consolidated financial statements for the 2018 fiscal year. In addition, the Board of Management was authorized to buy back shares totaling as much as 10% of the existing share capital. The Annual General Meeting also authorized the Management Board to increase the share capital by up to EUR 7,450,000.00 by issuing up to 7,450,000 shares. Finally, the Annual General Meeting authorized the issue of bonds with warrants, convertible bonds or income bonds as well as profit participation certificates or a combination of these instruments in the aggregate amount of up to EUR 350 million. All three authorizations will expire on May 3, 2023. Lars Brorsen, Chief Executive Officer (CEO) of JOST Werke AG, said: "We are delighted by the strong support and trust of our shareholders. The approved resolutions give us enough flexibility on the capital side to further implement our corporate strategy. We want to continue the success story of fiscal year 2017 and push ahead our growth track." The voting results of the Annual General Meeting 2018 of JOST Werke AG are published on the website of JOST Werke AG. Contact: JOST Werke AG Romy Acosta Senior Manager Investor Relations T: +49 (0)6102 295-379 [email protected] About JOST: JOST is a leading global producer and supplier of safety-critical systems to the truck and trailer industry. The Company offers branded quality products clustered in three systems: Vehicle Interface (focusing on products required to operate a commercial vehicle combination of trucks and trailers such as fifth wheels and landing gears), Handling Solutions (including container technology and hydraulic cylinders products) and Maneuvering (focusing on truck and trailer axles and forced steering). As the number one supplier of fifth wheels and landing gears globally, JOST is the market leader for Vehicle Interface systems. JOST's global leadership position is driven by the strength of its brands, by its long-standing client relationships serviced through its global distribution network as well as by its efficient and asset-light business model. The Company's core brands "JOST", "Rockinger", "TRIDEC" and "Edbro" are well-recognized in the industry and highly regarded for their quality and continuous innovation. With its global distribution network and production facilities in thirteen countries across five continents, JOST has direct access to all major truck and trailer manufacturers and relevant end customers. JOST currently employs about 2,700 staff worldwide. --------------------------------------------------------------------------- 07.05.2018 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: JOST Werke AG Siemensstraße 2 63263 Neu-Isenburg Germany Phone: +49 6102 2950 Fax: +49 (0)6102 295-298 E-mail: [email protected] Internet: www.jost-world.com ISIN: DE000JST4000 WKN: JST400 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 682825 07.05.2018