DGAP-News: ElringKlinger AG / Key word(s): AGM/EGM2015-05-13 / 14:57---------------------------------------------------------------------ElringKlinger AGM resolves on dividend increase - Broad approval for allitems on the agenda - Dividend increases 10% to EUR 0.55 (0.50) per share - Actions of the Management Board and Supervisory Board approved by a large majority - Rita Forst, former member of the Management Board of Adam Opel AG, new member of the Supervisory BoardStuttgart, Dettingen/Erms (Germany), May, 13, 2015 +++ Addressing around500 shareholders, shareholder representatives and guests attending today'sAGM at the Cultural and Congress Center Liederhalle in Stuttgart, Dr.Stefan Wolf, CEO of MDAX-listed ElringKlinger AG, took stock of a 2014financial year that proved encouraging for the company: "In a marketenvironment influenced to some extent by geopolitical uncertainties, wemanaged to lift sales revenue by 15.3% to EUR 1,325.8 million. Our Groupmaintained its momentum of profitable growth." Adjusted earnings beforeinterest and taxes (EBIT) before purchase price allocation rose to EUR162.3 (149.8) million. The share of net income attributable toElringKlinger shareholders also increased, totaling EUR 105.7 (92.7*)million.The proposal by the Management Board and Supervisory Board for a higherdividend of EUR 0.55 (0.50) per share was approved by the AGM with 99.97%of the votes. Thus, ElringKlinger will distribute a dividend payout of EUR34.8 (31.7) million among its shareholders, allowing them to benefitappropriately from the company's success. Calculated on the basis ofElringKlinger AG's net income for the year (EUR 58.9 million), the dividendratio for the financial year 2014 increased to 59.1% (52.7%).Supervisory Board elections - Rita Forst appointed as a new memberWith the terms in office of the Supervisory Board members representingElringKlinger's shareholders having come to an end, the AGM had to casttheir votes for a newly appointed Supervisory Board in 2015. Theshareholder representatives put forward as candidates were re-elected withlarge majorities by the AGM. Rita Forst was appointed to the SupervisoryBoard as a new member. Until 2012, she had been on the Management Board ofAdam Opel AG.The other proposals put forward by the company's management were alsopassed with a broad consensus. The actions of the Supervisory Board wereratified with 95.51% of the votes and those of the Management Board with99.93%. Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, Stuttgart, wasre-appointed as the independent auditor for the 2015 financial year. Thecompensation system for the Management Board members was approved by theAGM with 92.18% of the votes.pure process - the essence of ElringKlinger's unique core competenciesAs part of a presentation in the foyer of the Cultural and Congress Center,shareholders and guests were given an insight into the extensive range ofproducts of the ElringKlinger Group tailored to the task of emissionsreduction. Those attending showed a particularly keen interest in thecompany's innovative lightweight solutions such as cockpit and front-endcarriers. These hybrid polymer-metal components represent a pioneeringtechnology that brings together the benefits of plastic and metal. Itcombines the merits of outstanding rigidity with those of extremely lowweight, thus making a significant contribution to fuel and thereforeemissions reduction."These so-called hydroformed hybrids mark ElringKlinger's entry intolightweight body engineering. This is the result of many years of expertisein the field of materials and tooling," said CEO Dr. Stefan Wolf. "By theend of 2020, we will be looking to generate sales revenue of EUR 120 to 130million within this area."Outlook 2015ElringKlinger anticipates that global automobile production will expand byaround 2% in 2015. Based on this assumption, the Group is targeting organicrevenue growth of 5 to 7%. Additionally, the first-time consolidation ofElringKlinger Automotive Manufacturing (M&W) will contribute around EUR 30million to Group revenue in the financial year as a whole. Adjusted fornon-recurring items, EBIT before purchase price allocations is expected toreach around EUR 165 (162.3) million in 2015 as a whole.*Excl. one-time gain from assumption of control of ElringKlinger MarusanCorporation (EUR 12.7 million after taxes)__________________________________________________________________________Contact:For further information, please contact:ElringKlinger AG - Investor Relations/Corporate PRSabrina HauflerMax-Eyth-Straße 272581 Dettingen/ErmsTel.: +49 (0)7123-724-137E-Mail: sabrina.haufler@elringklinger.com ---------------------------------------------------------------------2015-05-13 Dissemination of a Corporate News, transmitted by DGAP - aservice of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language: English Company: ElringKlinger AG Max-Eyth-Straße 2 72581 Dettingen/Erms Germany Phone: 071 23 / 724-0 Fax: 071 23 / 724-9006 E-mail: sabrina.haufler@elringklinger.com Internet: www.elringklinger.de ISIN: DE0007856023 WKN: 785602 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich End of News DGAP News-Service --------------------------------------------------------------------- 357399 2015-05-13