DGAP-News: BAUER Aktiengesellschaft / Key word(s): AGM/EGM/Dividend BAUER Aktiengesellschaft: Annual General Meeting of BAUER AG focuses on the upcoming transition to the next generation of leadership 28.06.2018 / 15:12 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - All proposed resolutions passed by large majorities - Dividend of EUR 0.10 per share resolved Schrobenhausen - Today's Annual General Meeting of BAUER Aktiengesellschaft focused on the upcoming transition to the next generation of leadership. In late April, the company announced that, after 24 years as Chairman of the Management Board of BAUER AG and 32 years at the head of the BAUER Group, Prof. Thomas Bauer planned to pass on the leadership of the company to a younger successor. The successor of the 62-year-old, an executive from outside the company, will likely be announced before the end of the year. Likewise, Dr. Klaus Reinhardt, Chairman of the Supervisory Board, announced that he would leave the Board this year. He has been a member of the Supervisory Board for 17 years and has served as Chairman since the IPO twelve years ago. Prof. Thomas Bauer would therefore like to take over as Chairman of the Supervisory Board. His son Florian Bauer was also at the podium for the first time at the Annual General Meeting. He has been with the company since 2011 and was appointed to the Management Board of the company at the beginning of 2018. As a board member, he is in charge of digitalization, development coordination, training and corporate culture - important topics for the highly value-driven family company. About 400 shareholders, shareholders' representatives and guests had come to the Old Welding Shop at the headquarters in Schrobenhausen, Upper Bavaria, to find out in person how business is progressing at the company. Approximately 70 percent of the company's share capital was present. The shareholders approved all agenda items put to the vote by a large majority and thus lent their support to the proposals of the company management. Among other things, they voted for a EUR 0.10 dividend per share, which is on par with the previous year. In his presentation, Prof. Thomas Bauer reported on the current course of business and the stronger operating performance in the 2017 financial year. "In recent years, we have continued our operational turnaround and successfully completed organizationally important leadership transitions at the major companies of the Group. In my view, the change in the Management Board is taking place at a good time," says Prof. Thomas Bauer. The voting results, the presentation of the Chairman of the Management Board and other documents relating to the Annual General Meeting, can be found in the Investor Relations area of the website at http://www.bauer.de. About Bauer The BAUER Group is a leading provider of services, equipment and products related to ground and groundwater. With over 110 subsidiaries, Bauer operates a worldwide network on all continents. The operations of the Group are divided into three future-oriented segments with high synergy potential: Construction, Equipment and Resources. The Construction segment offers new and innovative specialist foundation engineering services alongside the established ones, and it carries out foundation and excavation work including cut-off walls and ground improvements on a worldwide basis. Bauer is a global market leader in the Equipment segment and provides a full range of equipment for specialist foundation engineering as well as for the exploration, mining and extraction of natural resources. In the Resources segment, Bauer focuses on highly innovative products and services in the areas of water, environment and mineral reserves. Bauer benefits greatly from the collaboration between its three separate segments, enabling the Group to position itself as an innovative, highly specialized provider of products and services for demanding projects in specialist foundation engineering and related markets. Bauer therefore offers appropriate solutions for the world's major challenges, such as urbanization, growing infrastructure needs, the environment, and water, oil and gas. The BAUER Group was founded in 1790 and is based in Schrobenhausen, Bavaria. In 2017 it employed some 11,000 people in around 70 countries and achieved total Group revenues of EUR 1.8 billion. BAUER Aktiengesellschaft is listed in the Prime Standard of the German stock market. More information can be found at http://www.bauer.de. Contact: Christopher Wolf Investor Relations BAUER Aktiengesellschaft BAUER-Strasse 1 86529 Schrobenhausen, Germany Phone: +49 8252 97-1797 Fax: +49 8252 97-2900 [email protected] www.bauer.de --------------------------------------------------------------------------- 28.06.2018 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: BAUER Aktiengesellschaft BAUER-Straße 1 86529 Schrobenhausen Germany Phone: +49 (0)8252 97 1218 Fax: +49 (0)8252 97 2900 E-mail: [email protected] Internet: www.bauer.de ISIN: DE0005168108 WKN: 516810 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 699815 28.06.2018