EQS-News: Successful first Annual General Meeting of Steyr Motors AG

EQS-News: Steyr Motors AG / Key word(s): AGM/EGM
Successful first Annual General Meeting of Steyr Motors AG

08.05.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Successful first Annual General Meeting of Steyr Motors AG

• Dividend of EUR 0.55 per share approved
• Management and Supervisory Board discharged with large majority
• Full approval of all agenda items

Steyr, Austria, 8 May 2025 – Steyr Motors AG ([1]ISIN AT0000A3FW25), one
of the world’s leading companies in the field of customized engines for
mission-critical defense and civil applications, yesterday held its first
Annual General Meeting following its successful stock market listing in
Steyr, Austria.

The shareholders‘ meeting approved the joint proposal of the Management
and Supervisory Board and resolved to distribute a dividend of EUR 0.55
per share out of the net retained profit as of 31 December 2024. In total,
EUR 2,860,000.00 will be distributed from Steyr Motors AG’s net retained
profit of EUR 7,814,039.88. The remainder of the retained profit will be
carried forward.

The Annual General Meeting expressed its confidence in CEO Julian Cassutti
and the members of the Supervisory Board for the (partial) fiscal year
2024 and approved all agenda items with a large majority. In his speech,
CEO Julian Cassutti highlighted the company’s successful repositioning and
the visible progress of its international expansion. Numerous large-scale
orders from military and civilian customers around the globe confirm this
trajectory and ensure a solid workload for Steyr Motors, with an order
volume of approximately EUR 200 million spanning several years.

“The new demand for security and the significant need to catch up on
defense readiness are creating a special cycle expected to last ten years
or more. We are entering a phase of strong growth and sustained
profitability thanks to our full order books and the prospect of further
high-volume contracts fueled by new defense budgets. We can look to the
future with full confidence,” said Julian Cassutti, CEO of Steyr Motors
AG.

Shareholder attendance was 55.18%. Further details on the Annual General
Meeting and the full voting results are available at
[2] www.steyr-motors.com in the Investor Relations section.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the
development and production of high-performance customized special engines
with high power density and durability. The Company’s engines are
primarily used for military special vehicles, boats (both military and
civilian) and as auxiliary power units (“APU”) for main battle tanks and
locomotives. In the full year 2024, Steyr Motors generated an (adjusted)
EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year
increase in revenue of at least 40%, an EBIT margin of well above 20%, and
a production volume of at least 1,250 units.

For further information please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail:[3]ir@steyr-motors.com
[4] www.steyr-motors.com

Press contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: [5]sh@crossalliance.de
[6] www.crossalliance.de

Press contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: [7]matthieu.meunier@clai2.com

Press contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: [8]tsutton@1446.co.uk

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08.05.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com

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Language: English
Company: Steyr Motors AG
Im Stadtgut B1
4407 Steyr
Austria
Phone: +43 7252 2220
E-mail: office@steyr-motors.com
Internet: https://www.steyr-motors.com/de/
ISIN: AT0000A3FW25
WKN: A40TC4
Listed: Regulated Unofficial Market in Frankfurt (Scale); Vienna
Stock Exchange (Vienna MTF)
EQS News ID: 2132336

 
End of News EQS News Service

2132336  08.05.2025 CET/CEST

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References

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2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fa43d7aab0cc6b5f3e5a9bd745396480&application_id=2132336&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. ir@steyr-motors.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fa43d7aab0cc6b5f3e5a9bd745396480&application_id=2132336&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
5. sh@crossalliance.de
6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=2132336&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
7. matthieu.meunier@clai2.com
8. tsutton@1446.co.uk