On May 13, 2025, the Annual General Meeting of NORMA Group SE took place in Frankfurt am Main as an in-person event. In total, including postal votes, a full 71% of the registered share capital of NORMA Group SE was represented.
NORMA Group’s Annual General Meeting approved the proposal of the Management Board and Supervisory Board to distribute a dividend of EUR 0.40 per share for fiscal year 2024 with a majority of over 99.9%. The total distribution amount is around EUR 12.7 million (previous year: EUR 14.3 million). This corresponds to a payout ratio of around 31% of the 2024 adjusted consolidated net income of EUR 40.9 million and is therefore once again within the strategic dividend corridor of 30% to 35%.
In addition, the Annual General Meeting elected Dr. Erek Speckert and Kerstin Müller-Kirchhofs to the Supervisory Board with a large majority. Kerstin Müller-Kirchhofs had already been a court-appointed member of the Supervisory Board since September 2024. During Mark Wilhelms’ temporary takeover as Chair of the Management Board, she assumed the role of Chair of the Supervisory Board.
The shareholders also approved all other items on the agenda with large majorities, including the renewal of authorizations in connection with possible capital measures. All voting results can be found in the Investor Relations section of NORMA Group’s website WWW.NORMAGROUP.COM.
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These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.