Dividend Announcement

Resolutions of the Annual General Meeting of PALFINGER AG on 8th of March 2012  


Resolutions of the Annual General Meeting of PALFINGER AG on 8th of March 2012


1. Appropriation of Net Income:

The financial year 2011 was closed with a balance sheet profit of € 196.063.004,71 (profit carried forward € 155.695.647,25). The annual general meeting approved a distribution of € 0,38 for each share. Shares held by the company itself are not entitled to a dividend. Ex-dividend-day is the 12th of March 2012, dividend payment day is the 14th of March 2012. The resolution was adopted by a vote of 100%, i.e. with the requisite majority of votes.


2. Discharge of the Management Board:

The Annual General Meeting resolved to discharge the members of the Management Board en bloc for the financial year 2011. The resolution was adopted by a vote of 100%, i.e. with the requisite majority of votes.


3. Discharge of the Supervisory Board:

The Annual General Meeting resolved to discharge the members of the Supervisory Board en bloc for the financial year 2011. The resolution was adopted by a vote of 100%, i.e. with the requisite majority of votes.


4. Appointment of the Auditor:

The Annual General Meeting resolved to appoint Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H., Salzburg, as auditor for the annual and consolidated financial statements in relation to the financial year 2012. The resolution was adopted by a vote of 100 %, i.e. with the requisite majority.