Press Release
Annual General Meeting

Shareholders approve GEA’s Climate Transition Plan 2040 by anoverwhelming 98.4%
Düsseldorf, April 30, 2024 – In a groundbreaking vote at today’s Annual General Meeting, GEA Group
AG’s shareholders approved by an overwhelming majority the Climate Transition Plan 2040 presented tothem. This consultative vote makes GEA the first member of the DAX index family to ask shareholders toapprove its path to net zero. 98.44 percent voted in favor of the plan.
“I am very pleased that our shareholders have decided to accompany us on our journey to a sustainable
future. Climate action calls on all of us to pull together to achieve the progress so urgently needed for ourplanet. This is not only mission-critical for GEA’s long-term business success, but also vital for future
generations. That is why transparency and maintaining an open dialog with our shareholders are a priority
for us,” says CEO Stefan Klebert.
GEA’s Climate Transition Plan 2040 sets out the short, medium and long-term targets for reducing
greenhouse gas emissions at every link in the value chain. It also specifies timings, action areas and theinvestments required. The path to net zero emissions by 2040 focuses on three core areas: transformationof the company’s own operations (Scopes 1 and 2), product portfolio transformation (downstream Scope3) and supply chain decarbonization (upstream Scope 3).
GEA intends to ask the Annual General Meeting to vote on the development of the Climate Transition
Plan every three years, and will report in its annual sustainability report on the progress made.
Annual General Meeting confirms new Supervisory Board members
At the virtual Annual General Meeting, the shareholders elected Andreas Renschler und Prof. Dr.-Ing. Axel
Stepken as first-time shareholder representatives of the Supervisory Board. Both appointments have been
made until the conclusion of the Annual General Meeting in 2027, which resolves on the ratification of
fiscal year 2026.
Industrial engineer and business graduate Andreas Renschler has served on the Supervisory Board since
September 1, 2023. Following his appointment by the Düsseldorf Local Court, his Supervisory Board
membership has now been confirmed by the Annual General Meeting. The former member of both theVolkswagen AG and Daimler AG Boards of Management is the current Chairman of the Supervisory Boardof Hella GmbH & Co. KG a. A. Andreas Renschler also lectures in management accounting as an adjunctprofessor at the Technical University of Munich.
Prof. Dr.-Ing Axel Stepken succeeds Dr. Jens Riedl, Investment Partner at Groupe Bruxelles Lambert(GBL). Axel Stepken has served as CEO of TÜV SÜD Stiftung since 2007 and is an honorary professor at
the Technical University of Munich.
All other proposals also approved by a large majority
The shareholders also approved the other resolutions proposed by the Supervisory Board and Executive
Board by a large majority. These included the distribution of a dividend of EUR 1.00 (previous year: EUR
GEA Group Aktiengesellschaft
Phone +49 211 9136-1492 - gea.com
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany

Media Relations
Anne Putz, +49 211 9136-1500
pr@gea.com

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Press Release0.95) per share. This means GEA has increased the profit distributed to shareholders for the third
consecutive year. The further improvement in operating earnings achieved as part of the “Mission 26”
growth strategy made this possible. The Annual General Meeting also approved the Supervisory Board
proposal to appoint PricewaterhouseCoopers to take over the audit tasks performed by the previousauditor KPMG, with effect from 2024, in accordance with the legal requirements regarding auditor rotation.

NOTE TO EDITORS––––––

Further information about GEA
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Further information about the Climate Transition Plan 2040
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Anne Putz
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany
Phone +49 211 9136-1500
anne.putz@gea.com
About GEAGEA is one of the world’s largest suppliers of systems and components to the food, beverage and pharmaceutical industries.
The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process
technology, components and comprehensive services. With more than 18,000 employees, the group generated revenues ofabout EUR 5.4 billion in more than 150 countries in the 2023 fiscal year. GEA plants, processes, components and services
enhance the efficiency and sustainability of customer’s production. They contribute significantly to the reduction of CO2emissions, plastic usage and food waste. In doing so, GEA makes a key contribution toward a sustainable future, in line with thecompany’s purpose: ”Engineering for a better world“.
GEA is listed on the German MDAX the European STOXX® Europe 600 Index and is among the companies comprising
the DAX 50 ESG, MSCI Global Sustainability as well as Dow Jones Sustainability World and Dow Jones Sustainability EuropeIndices.
More information can be found online at gea.com.
If you do not want to receive any further information from GEA, please send an e-mail to pr@gea.com.

GEA Group Aktiengesellschaft
Phone +49 211 9136-1492 - gea.com
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany

Media Relations
Anne Putz, +49 211 9136-1500
pr@gea.com

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