PRESS RELEASE

MAX Automation AG: Annual General Meeting approves planned conversion into a European company (SE)

- Form-changing transformation takes account of progressive internationalization

- A constant dividend of EUR 0.15 per share was approved compared to the previous year

Düsseldorf, June 30, 2017 - The Annual General Meeting of MAX Automation AG today approved the plan for the conversion of MAX Automation AG into the established legal form of a European company (Societas Europaea, SE) by a large majority. The specialist in high-tech engineering is taking account of the growing importance of its pan-European and international business activities. The legally effective conversion will take place in the coming months.

The articles of incorporation of the future MAX Automation SE contained in the conversion plan stipulate that the current dualistic management structure of the company that comprises a Management Board and a Supervisory Board should be adapted to the internationally widespread monistic management system of a Board of Directors that performs both management and monitoring functions. Former Management Board members Daniel Fink and Fabian Spilker as well as former Supervisory Board members Gerhard Lerch, Dr. Jens Kruse and Oliver Jaster were appointed to the first Board of Directors of MAX Automation SE. According to the articles of incorporation, Mr. Fink and Mr. Spilker are to be appointed Managing Directors, responsible in this function for the management of the operative business.

Annual General Meeting approves a constant dividend
With a presence of 46.9 % of the share capital, the shareholders' meeting also approved the other agenda items with clear majorities. The shareholders therefore approved a constant dividend of EUR 0.15 per share for fiscal year 2016, which corresponds to a dividend payment sum of EUR 4.0 million.

Contact:
Frank Elsner / Frank Paschen
Frank Elsner Kommunikation für Unternehmen GmbH
Phone: +49 - 5404 - 91 92 0
Fax: +49 - 5404 - 91 92 29

About M.A.X. Automation AG
MAX Automation AG (Securities Identification Number: A2DA58) with its headquarters in Düsseldorf is an internationally active high-tech mechanical engineering Group and a leading full-service supplier of integrated and sophisticated system and component solutions. Its operational business is divided into two segments. In the Industrial Automation segment, the Group is considered to be a trendsetter in the development and manufacturing of integrated and proprietary solutions for use in manufacturing and assembly in the automotive industry, medical technology, packaging machines and the electronics industry due to its comprehensive technological know-how. In the Environmental Technology segment, MAX Automation develops and installs innovative systems for use by the recycling, energy and raw materials industries.
www.maxautomation.de