21.04.2016 – 17:53

Kardex Systems AG

EQS-Adhoc: Annual General Meeting of Kardex AG approves all motions by the Board of Directors

EQS Group-Ad-hoc: Kardex AG / Key word(s): AGM/EGM
Annual General Meeting of Kardex AG approves all motions by the Board of
Directors

21.04.2016 / 17:45
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Media information

Zurich, 21 April 2016

Annual General Meeting of Kardex AG approves all motions by the Board of
Directors

The 38th ordinary Annual General Meeting of Kardex AG took place today. The
meeting was attended by 58 shareholders. A total of 59.10% of the company's
voting share capital was represented. All motions put forward by the Board of
Directors to the Annual General Meeting were approved.

The proposed dividend payment of CHF 3.00 per registered share by a reduction of
the nominal value of registered shares from CHF 10.35 to CHF 7.35 has been
approved by the shareholders. The pay-out will take place approximately at the
beginning of July 2016.

All members of the Board of Directors proposed for re-election were confirmed
for a further term of office of one year. Mr. Philipp Buhofer was re-elected
Chairman of the Board of Directors. Mr. Felix Thöni former Executive Director
will be the new Vice Chairman of the Board of Directors.

Furthermore, the remuneration report 2015 has been agreed upon a non-binding
consultative vote and the motions regarding the maximum total compensation for
the Board of Directors until the next ordinary General Meeting and for the
Management Board for the financial year 2017 have been approved.

The 39th ordinary Annual General Meeting of Kardex AG will take place on 20
April 2017 in Zurich.

Contact
Edwin van der Geest, Investor Relations
Tel. +41 44 419 44 79  / Mobile +41 79 330 55 22 
investor-relations@kardex.com
www.kardex.com

Agenda          

11 August 2016 Publication Interim Report 2016
               Conference Call for Media and Analysts

08 March 2017  Publication Annual Report 2016
               Media and Analysts Conference year-end 2016
               SIX Swiss Exchange, Zurich

20 April 2017  Annual General Meeting  2017

               SIX Swiss Exchange, Zurich

10 August 2017 Publication Interim Report 2017
               Conference Call for Media and Analysts


Kardex Group - Corporate Profile

The Kardex Group is a global industry partner for intra-logistic solutions and a
leading supplier of automated storage solutions and material handling systems.
The Group consists of two entrepreneurially managed divisions, Kardex Remstar
and Kardex Mlog. Kardex Remstar develops, produces and maintains dynamic storage
and retrieval systems and Kardex Mlog offers integrated materials handling
systems and automated high-bay warehouses. The two divisions are partners for
their customers over the entire life cycle of a product or solution. This begins
with the assessment of customer requirements and continues through planning,
realization and maintenance of customer-specific systems. It ensures a high
level of availability combined with low total cost of ownership and operation.
Around 1 500 employees in over 30 countries work for the Kardex Group. Kardex AG
has been listed on the SIX Swiss Exchange since 1987.

Disclaimer

This communication can contain statements that constitute "forward-looking
statements". In this communication, such forward-looking statements include,
without limitation, statements relating to our financial condition, results of
operations and business and certain of our strategic plans and objectives.
Because these forward-looking statements are subject to risks and uncertainties,
actual future results may differ materially from those expressed in or implied
by the statements. Many of these risks and uncertainties relate to factors which
are beyond Kardex's ability to control or estimate precisely, such as future
market conditions, currency fluctuations, the behavior of other market
participants, the actions of governmental regulators and other risk factors
detailed in Kardex's past and future filings and reports and in past and future
filings, press releases, reports and other information posted on Kardex Group
companies' websites. Readers are cautioned not to put undue reliance on
forward-looking statements, which speak only of the date of this communication.
Kardex disclaims any intention or obligation to update and revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

End of ad hoc announcement

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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=ONCTVFYLRE
Document title: Kardex_AGM2016_21042016

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21.04.2016 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.
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Language: English

Company:  Kardex AG

          Thurgauerstrasse 40

          8050  Zürich

          Switzerland

Phone:    +41 (0)44 419 44 79

E-mail:    investor-relations@kardex.com

Internet: www.kardex.com

ISIN:     CH0100837282

Valor:    100837282

Listed:   Regulated Unofficial Market in Berlin, Munich, Stuttgart; Open Market
in Frankfurt ; SIX


End of News EQS Group News Service
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