The annual general meeting of Stabilus S.A. held on February 14, 2018, approved the dividend proposal put forward by the management board and supervisory board. For the fiscal year 2017 (ended on September 30, 2017), the company will thus be paying shareholders a dividend of EUR 0.80 per share (previous year: EUR 0.50). This amounts to an aggregate payout of approx. EUR 19.8 million, equivalent to a profit distribution ratio of 24.9% of consolidated net income.

At the AGM, current supervisory board chairman Udo Stark will, as previously announced, not be standing for re-election upon conclusion of his four-year term; at his own request, he will be leaving the company's board of directors once the shareholder meeting has concluded. To fill the vacant seat on the supervisory board, the shareholder meeting adopted the proposal put forward by the company, appointing Dr. Dirk Linzmeier to join the supervisory board. Linzmeier is the CEO designate of the planned joint venture between Osram and Continental announced in November 2017, which is to develop and produce smart lighting solutions for the automotive industry. Linzmeier has more than 15 years of automotive industry experience. Most recently having been Vice President and General Manager of the Automotive Electronics business unit. Upon conclusion of the shareholder meeting, the new supervisory board convened for its inaugural meeting at which, as previously announced, Dr. Stephan Kessel was elected new chairman of the body. An expert with widely acknowledged industrial and automotive sector credentials, he joined the newly formed supervisory board following the IPO of Stabilus in 2014.