VIA optronics AG Announces 2022 Annual General Meeting Results

Rhea-AI Summary

VIA optronics AG (NYSE: VIAO) held its annual general meeting (AGM) on December 29, 2022, in Nuremberg, Germany, where several significant resolutions were passed. Shareholders ratified the actions of the Management and Supervisory Boards for the fiscal year 2021, approved the remuneration systems for board members, and elected PricewaterhouseCoopers GmbH as auditor for fiscal 2022. Notably, amendments were made to enable virtual meetings and to establish a stock program, enabling subscription rights for management and select employees. Full voting results and presentations are available online.

Positive

• Ratification of Management and Supervisory Board actions enhances corporate governance.
• Election of PricewaterhouseCoopers GmbH ensures credible financial oversight.
• Approval of the stock program reinforces employee engagement and retention.

Negative

• None.

NUREMBERG, Germany--(BUSINESS WIRE)-- VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”), a leading supplier of interactive display systems and solutions, today announced the results of its annual general meeting (“AGM”) held on December 29, 2022, at its headquarters in Nuremberg, Germany.

The following items were approved by the shareholders:

• Ratification of the acts of the Management Board for the fiscal year 2021
• Ratification of the acts of the Supervisory Board for the fiscal year 2021
• Election of PricewaterhouseCoopers GmbH as auditor of the consolidated financial statements for the fiscal year 2022
• Approval of the Remuneration System of the members of the Management Board
• Compensation of the members of the Supervisory Board
• Amendments to the Articles of Association for the purpose of holding virtual General Shareholders’ Meetings and updating Articles 16, 17, and 19 of the Articles of Association
• Authorization to grant subscription rights to members of the Management Board of the Company, to members of the management of affiliated companies, and to selected employees of the Company and of affiliated companies in Germany and abroad (Stock Program 2022) and creation of Conditional Capital 2022/I and the corresponding amendment to the Articles of Association

The presentation given at the AGM and the voting results are available at https://investors.via-optronics.com/investors/annual-general-meeting

About VIA:

VIA is a leading provider of interactive display solutions for multiple end markets in which superior functionality or durability is a critical differentiating factor. Its customizable technology is well-suited for high-end markets with unique specifications and demanding environments that pose technical and optical challenges for displays, such as bright ambient light, vibration and shock, extreme temperatures, and condensation. VIA’s interactive display systems combine system design, interactive displays, software functionality, cameras, and other hardware components. VIA’s intellectual property portfolio, process know-how, optical bonding, metal mesh touch sensor and camera module technologies provide enhanced display solutions built to meet the specific needs of its customers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221229005273/en/

Investor Relations

Sam Cohen or Lisa Fortuna

Alpha IR Group

Phone: +1 312-445-2870

VIAO@alpha-ir.com



Media Contact

Alexandra Müller-Plötz

Phone: +49 911 597 575-302

Amueller-ploetz@via-optronics.com

Source: VIA optronics AG

FAQ

What were the results of VIAO's AGM held on December 29, 2022?

The AGM resulted in the ratification of management actions, approval of a remuneration system, and election of PricewaterhouseCoopers as auditor for fiscal year 2022.

What new measures were approved at VIAO's AGM?

Amendments for virtual shareholder meetings and a new stock program granting subscription rights were approved.

Who is the auditor for VIAO's fiscal year 2022?

PricewaterhouseCoopers GmbH was elected as the auditor for the consolidated financial statements for fiscal year 2022.

How does VIAO plan to engage employees through the AGM resolutions?

The approval of the stock program allows for subscription rights to members of management and select employees, aimed at enhancing engagement.