Press Release

Dürr shareholders adopt resolution to raise dividend

Bietigheim-Bissingen, April 30, 2014 - Dürr AG will be paying a dividend of € 1.45 per share for the financial year 2013. The shareholders agreed to the company’s proposal at today’s Annual General Meeting. The dividend is up by 28% year-on-year. In total, Dürr will be distributing € 50.2 million – an all-time high in the company’s history.

Ralf W. Dieter, CEO of Dürr AG, addressed more than 600 shareholders and guests, saying: “2013 was yet another record year for Dürr, in which we reached the targets we set ourselves. Our shareholders are to benefit from Dürr’s positive performance with an appropriate dividend.” Dieter expressly thanked the workforce of the Dürr Group, amounting to approx. 8,200 employees: “Our managers and employees represent our key success factor. Their expertise is the reason why customers trust us to execute all orders placed with a particular degree of reliability.” For fiscal 2013, employees covered by collective pay scale agreements at German locations received a record profit participation amounting to € 2,750.

With a large majority, the shareholders newly elected Professor Dr. Holger 
Hanselka to the Supervisory Board of Dürr AG. The mechanical engineering expert is President of the renowned Karlsruhe-based Institute for Technology (KIT). He succeeds to Professor Dr. Norbert Loos, who resigned from his mandate on the Supervisory Board after 14 years for age reasons. The Supervisory Board appointed Dr. Herbert Müller as the successor to Professor Loos as Chairman of the Audit Committee. Dr. Müller was Chairman of the auditing firm Ernst & Young until 2011 and has been a member of Dürr's Supervisory Board since the year 2013.

With an attendance of 63,2%, at the Annual General Meeting the actions of the Board of Management and Supervisory Board were ratified with over 95% of votes, respectively. All other proposals for resolution were likewise adopted with a large majority. The voting results are published at www.durr.com.

Dürr is a mechanical and plant engineering group that holds leading positions in the world market in its areas of operation. It generates a good 80% of its sales in business with the automotive industry. It also supplies the aircraft, machinery, chemical, and pharmaceutical industries with innovative production and environmental technology. The Dürr Group operates in the market with four divisions: Paint and Assembly Systems plans and builds paintshops and final assembly systems for the automobile and aircraft industries. Application Technology provides automated paint application, sealing, and glueing with its robot technologies. Machinery and systems from the Measuring and Process Systems division are used for balancing and cleaning and in engine and transmission manufacturing as well as in final vehicle assembly, among other areas. The fourth division, Clean Technology Systems, specializes in processes to improve energy efficiency and exhaust air purification. Dürr has 50 business locations in 24 countries worldwide and approximately 8,200 employees. The Group achieved sales of € 2.4 billion in 2013.

 

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