GEA Group (G1A) AGM 2025 summary

Opening remarks and agenda

• The meeting was opened by the Chairman, who welcomed shareholders and explained the virtual format, emphasizing digitalization and sustainability benefits, and outlined the agenda and participation rules.

• The AGM was held virtually, with live translation for international shareholders and a notary present to certify resolutions.

• Attendance was 74.43% of registered share capital, with agenda items 1-10 called, including financial statements, dividend, remuneration, board elections, and virtual meeting authorization.

Financial performance review

• Order intake rose 1.5% to €5.6bn, revenue up 0.9% to €5.4bn, and EBITDA before restructuring increased 8.1% to €837m, with margin at 15.4%.

• Shareholder return exceeded 30%, outperforming benchmarks; a special bonus was paid to employees for early achievement of Mission 2026 targets.

• Free cash flow exceeded €500m, supporting a higher dividend and share buyback; no liquidity issues or goodwill impairment risks identified.

Board and executive committee updates

• Supervisory Board focused on strategy, financial reporting, compliance, and sustainability, with regular updates on the Climate Plan 2040.

• Board succession planning, AI applications, and efficiency reviews were key topics; all long-term sustainability targets are on track.