Infineon Technologies AG Concludes 24th Annual General Meeting with Shareholder Resolutions and New Board Appointments

Infineon Technologies AG Concludes 24th Annual General Meeting with Shareholder Resolutions and New Board Appointments

(IN BRIEF) Infineon Technologies AG recently wrapped up its 24th Annual General Meeting, conducted virtually and publicly broadcasted on the company’s website. Shareholders participated live, engaging in discussions and posing questions. Among the key outcomes, shareholders approved a dividend payment of €0.35 per share, marking a nearly 10 percent increase from the previous year. Additionally, Ute Wolf’s term on the Supervisory Board was extended, and Prof. Dr. Hermann Eul was elected as a new member following Dr. Manfred Puffer’s resignation. Deloitte GmbH, Munich, was elected as the new corporate auditor for the 2024 financial year through a tender process. Detailed information, including voting results and speeches, is accessible on Infineon’s website.

(PRESS RELEASE) MUNICH, 24-Feb-2024 — /EuropaWire/ — Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has finished its 24th Annual General Meeting. The entire event was held in a virtual format and broadcast publicly on the company web site. Shareholders had the opportunity to speak live during the event and ask questions.

Dividend of €0.35 per share

The Annual General Meeting followed the proposal of the Management Board and Supervisory Board on the distribution of profits and approved a dividend payment of €0.35 per share. The payout exceeds the dividend amount of the previous year by 3 Euro cents, or almost 10 percent.

Ute Wolf and Prof. Dr. Hermann Eul elected to the Supervisory Board

Ute Wolf was appointed to the Supervisory Board by court order from 22 April 2023 until the end of the 2024 Annual General Meeting. Her term of office as a shareholder representative on the Supervisory Board was extended by the Annual General Meeting. In addition, Dr. Manfred Puffer resigned from his position with effect from the end of the Annual General Meeting on 23 February 2024, meaning that his vacant position had to be filled. The Annual General Meeting elected Prof. Dr. Hermann Eul as a new member of the Supervisory Board.

Deloitte elected as new corporate auditor

The shareholders elected Deloitte GmbH, Munich, as auditor for the 2024 financial year. The tender process had been carried out as part of the legally required rotation.

Detailed information on the 2024 Infineon Technologies AG Annual General Meeting, including the voting results for the individual agenda items, is available at www.infineon.com/agm, together with the recorded speeches of the Chairman of the Supervisory Board, the Chief Executive Officer and the Chief Financial Officer.

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 58,600 employees worldwide and generated revenue of about €16.3 billion in the 2023 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

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Media Contact:

Gregor Rodehueser
T +49 89 234 28481
mailto:gregor.rodehueser@infineon.com

SOURCE: Infineon Technologies AG