DGAP-News: PVA TePla AG / Key word(s): AGM/EGM 2014 Annual General Meeting of PVA TePla AG 16.06.2014 / 17:34 --------------------------------------------------------------------- The Annual General Meeting of PVA TePla AG, Wettenberg, was held on June 13 at the Gießen Congress Hall. All eight items on the agenda were passed with a virtually 100% majority and around 40% of shareholders were in attendance. Peter Abel - New CEO In his speech, Peter Abel, who resumed the office of CEO of PVA TePla AG on the day of the Annual General Meeting, explained to the shareholders and guests the reasons for the weak 2013 fiscal year. However, business has slowly picked up again and the medium-term prospects have improved in the areas of industrial systems, particularly process systems for the aviation industry, crystal growing, plasma and analysis systems in addition to solar power systems. Restructuring: AG purely a holding company in the future Peter Abel explained in detail the decision that has now been adopted by way of resolution of the Annual General Meeting to implement an extensive organizational restructuring of PVA TePla AG. The operating activities of the AG company will be spun off as individual limited liability companies under German law (GmbHs). Various GmbHs will then be merged into larger units to optimize the available resources. This is intended to make the Group more streamlined and more flexible overall. This will enhance customer orientation once again and better take into account the specific requirements of the individual divisions. New member of the Supervisory Board Prof. Markus Thoma The long-serving member of the Supervisory Board Prof. Günter Bräuer of Fraunhofer-Gesellschaft stepped down from the Supervisory Board of PVA TePla AG after the Annual General Meeting. He is succeeded by Prof. Thoma, Head of the Plasma and Astronautics Group at the Institute of Physics of the Justus Liebig University of Gießen. Thanks to Dr. Arno Knebelkamp The Chairman of the Supervisory Board Alexander von Witzleben thanked the departing CEO of PVA TePla, Dr. Arno Knebelkamp, for his commitment and dedication over the last three years. In the year under review he guided PVA TePla through a restructuring program and created the foundation for profitable future operations. Questions from shareholder representatives about the company and the items on the agenda were fielded extensively in the discussion that followed. For further information please contact: Dr. Gert Fisahn Investor Relations PVA TePla AG Tel: +49(0)641/68690-400 [email protected] www.pvatepla.com End of Corporate News --------------------------------------------------------------------- 16.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: PVA TePla AG Im Westpark 10-12 35435 Wettenberg Germany Phone: 0641/686900 Fax: 0641/68690800 E-mail: [email protected] Internet: www.pvatepla.com ISIN: DE0007461006 WKN: 746100 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 273862 16.06.2014