Stratasys Shareholders Re-elect All Eight of Stratasys’ Director Nominees

Rhea-AI Summary

Stratasys Ltd. (Nasdaq: SSYS) shareholders vote to re-elect all eight highly qualified director nominees and ratify the reappointment of independent auditors. The company reaffirms its winning strategy for profitable growth and commitment to maximizing shareholder value.

MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that, based on a preliminary vote count provided by its proxy solicitors following its 2023 Annual Meeting of Shareholders, Stratasys shareholders have voted to re-elect all eight of Stratasys’s highly qualified director nominees – S. Scott Crump; John J. McEleney; Dov Ofer; Ziva Patir; David Reis; Michael Schoellhorn; Yair Seroussi; Adina Shorr – to the Company’s Board of Directors and ratified the reappointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the Company’s independent auditors for the year ending December 31, 2023.

Stratasys issued the following statement:

We are pleased with the outcome of today’s vote, which reaffirms that we have the right team and a winning strategy in place to deliver profitable growth in the near, mid and long term. Stratasys’ Board is highly focused on maximizing shareholder value and engages with multiple industry participants for the benefit of all Stratasys shareholders.

We would like to thank our shareholders for their consideration and support throughout this process. We look forward to continued engagement with our shareholders and remain steadfast in our commitment to acting in the best interest of the Company and all Stratasys shareholders.

The Company will report the final voting results for the 2023 Annual Meeting (as certified by the independent inspector of elections) with the Securities and Exchange Commission on a Form 6-K within four business days of the meeting.

Advisors

J.P. Morgan is acting as exclusive financial advisor to Stratasys, and Meitar Law Offices and Wachtell, Lipton, Rosen & Katz are serving as legal counsel.

About Stratasys

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, healthcare, fashion and education. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

To learn more about Stratasys, visit www.stratasys.com, the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including the Company’s websites, to share material, non-public information pursuant to the SEC’s Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings.

Stratasys is a registered trademark and the Stratasys signet is a trademark of Stratasys Ltd. and/or its subsidiaries or affiliates. All other trademarks are the property of their respective owners.

Forward-Looking Statements

This document contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the actual results of Stratasys Ltd. and its consolidated subsidiaries (“Stratasys”) may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements.

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Investor Relations

Yonah Lloyd

CCO / VP Investor Relations

Yonah.Lloyd@stratasys.com

Morrow Sodali

SSYS@info.morrowsodali.com

(800) 662-5200

(203) 658-9400

U.S. Media

Ed Trissel / Joseph Sala / Kara Brickman

Joele Frank, Wilkinson Brimmer Katcher

(212) 355-4449

Israel Media

Rosa Coblens

VP Sustainability, Public Relations IL & Global Internal Communications

Rosa.Coblens@stratasys.com

Yael Arnon

Scherf Communications

yaela@scherfcom.com

+972527202703

Source: Stratasys Ltd.

FAQ

What was the outcome of Stratasys Ltd. (Nasdaq: SSYS) 2023 Annual Meeting of Shareholders?

The shareholders voted to re-elect all eight highly qualified director nominees and ratified the reappointment of independent auditors.

Who are the members re-elected to the Company’s Board of Directors?

The re-elected members are S. Scott Crump, John J. McEleney, Dov Ofer, Ziva Patir, David Reis, Michael Schoellhorn, Yair Seroussi, and Adina Shorr.

What is Stratasys Ltd.'s strategy for profitable growth?

The company has a winning strategy in place to deliver profitable growth in the near, mid, and long term.

Who is serving as legal counsel to Stratasys Ltd.?

Meitar Law Offices and Wachtell, Lipton, Rosen & Katz are serving as legal counsel to the company.