July 23, 2020

	Heidelberger Druckmaschinen
Aktiengesellschaft
Corporate Public Relations

Postfach 10 29 40
69019 Heidelberg
Kurfürsten-Anlage 52–60
69115 Heidelberg
Deutschland
Telefon +49 6221 92-00
Telefax +49 6221 92-6999
www.heidelberg.com

Annual General Meeting of Heidelberger Druckmaschinen AG for fiscal year 2019/2020 approves all items on the agenda with a clear majority
•	Annual General Meeting elects two shareholder representatives to the Supervisory Board 
•	Dr. Martin Sonnenschein confirmed as Chairman of the Supervisory Board  

Around 34 percent of Heidelberg's share capital was represented at the first virtual Annual General Meeting of Heidelberger Druckmaschinen AG (Heidelberg) for financial year 2019/2020.

The Management Board explained the company's strategy and the balance sheet figures for the past financial year (1 April 2019 to 31 March 2020) to shareholders in a live broadcast over the Internet. The clear focus of the strategy is on increasing the company's profitability by concentrating on those markets and market segments that are profitable and in which Heidelberg has a leading global position. In addition, as the world's largest supplier to the packaging printing industry, Heidelberg is ideally positioned to benefit from the potential of major growth markets such as China in this market segment. The company now generates around 50 percent of its offset press sales in this sector. Future-oriented technology in the form of digital solutions is guaranteed by Heidelberg's Smart Printshop, which consistently pursues the digitization of processes in order to close automation gaps, drive forward digital process integration and exploit the potential of digital data and artificial intelligence.

	
Annual General Meeting elects two shareholder representatives to the Supervisory Board – Dr. Martin Sonnenschein confirmed as Chairman of the Supervisory Board  

At the Annual General Meeting, the company's shareholders had to vote on five of the six items on the agenda, including the election of two of the six shareholder representatives on the Supervisory Board. Dr. Martin Sonnenschein and Ina Schlie were the candidates for this election. In the resolution on the appointment of members of the Supervisory Board, the vast majority of those eligible to vote were in agreement with the candidates proposed by the management. Both candidates will actively support the company on its way into a digital future with their skills and experience. The term of office of the Supervisory Board member Ms. Kirsten Lange, who was elected by the Annual Shareholders' Meeting, will end at the end of the 2020 Annual Shareholders' Meeting. In addition, the shareholders passed four further resolutions by a clear majority.

At the Supervisory Board meeting held after the Annual General Meeting, Dr. Martin Sonnenschein was confirmed as Chairman of the Supervisory Board of Heidelberg until 2025. "The starting point for Heidelberg's digital transformation is good," said Martin Sonnenschein after the election. "As shareholder representative and Chairman of the Supervisory Board, I will provide impetus, drive forward decisions and demand their consistent implementation. Then we will be able to successfully develop Heidelberg together with the brand of the world market leader and a healthy core business.

Images:
1.  Marcus A. Wassenberg, Chief Financial Officer, Rainer Hundsdörfer, CEO of Heidelberger Druckmaschinen AG, and Dr. Martin Sonnenschein, Chairman of the Supervisory board, at the virtual Annual General Meeting for financial year 2019/2020 at the Wiesloch/Walldorf site.

2. Dr. Martin Sonnenschein was confirmed in office as Chairman of the Supervisory Board of Heidelberg.

3. Rainer Hundsdörfer, CEO, speaks to the shareholders and shareholder representatives at this year's virtual Annual General meeting via livestream.

4. Marcus A. Wassenberg, CFO, introduced himself for the first time to the shareholders and shareholder representatives. 

For image material and additional details about the company, please visit the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.

Note to the editors:
A recording of the speech and the presentation of the Management Board on the occasion of the 2020 Annual General Meeting is available on the Internet at www.heidelberg.com. 

The annual report and agenda of the Annual General Meeting are also available at www.heidelberg.com.

Heidelberg IR now on Twitter:
Link to the IR Twitter channel: https://twitter.com/Heidelberg_IR 
On Twitter under the name: @Heidelberg_IR 

Further dates:
Publication of the financial figures for the first quarter of 2020/2021 is scheduled for August 13, 2020.
For additional information: 
Corporate Communications 
Thomas Fichtl
Telefon: +49 6222 82- 67123
Telefax: +49 6222 82- 67129
E-Mail: Thomas.Fichtl@heidelberg.com

Investor Relations 
Robin Karpp 
Tel: +49 (0)6222 82-67120 
Fax: +49 (0)6222 82-99 67120 
E-Mail: robin.karpp@heidelberg.com

Important note:

This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macroeconomic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.