Elmos Semiconductor AG held its 21st Annual General Meeting in the form of a virtual event today. All items on the agenda were approved by a large majority.
The shareholders were strongly in favor of converting the company into a European stock corporation (Societas Europaea – SE). The conversion will take effect upon entry into the commercial register.
The Annual General Meeting took place as a virtual meeting to protect the health of shareholders, employees, and service providers.
In his speech, CEO Dr. Anton Mindl explained, among other things, the extensive coronavirus protective measures, which were introduced at a very early stage, key milestones that have been achieved for the further development of the company and attractive growth areas, in which Elmos is active with worldwide number one products. The latest financial figures were also presented.
The dividend will be paid out on May 27, 2020.
Elmos Semiconductor AG
Janina Rosenbaum, Head of Investor Relations, Phone: +49-231‐7549‐287
Mathias Kukla, Press Relations, Phone: +49-231-7549-199
About Elmos Semiconductor AG
Elmos develops, produces and markets semiconductors and sensors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient.
This release contains forward-looking statements that are based on assumptions and estimates made by the Elmos management. Even though we assume the underlying expectations of the forward-looking statements to be realistic, we cannot guarantee the expectations will prove right. The assumptions may carry risks and uncertainties, and as a result actual events may differ materially from the forward-looking statements. Among the factors that could cause such differences are changes in general economic and business conditions, fluctuations of exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products, and changes in business strategy. Elmos neither intends nor assumes any obligation to update its statements with respect to future events.