AMG Critical Materials N.V. Publishes Agenda for the 2024 Annual General Meeting and Expands Management Board
March 27 2024 - 1:00PM
Amsterdam, 27 March 2024 ---
AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") has
published its Agenda and Explanatory Notes for the 2024 Annual
General Meeting (“AGM”) which will take place on May 8, 2024 at the
Hilton Hotel in Amsterdam.
The Agenda carries, amongst other items, the
appointment of a new Management Board member. The Supervisory Board
has resolved to expand the Management Board to four members,
nominating Mr. Michael Connor to the Management Board as Chief
Corporate Development Officer, for a term of four (4) years. This
additional appointment is necessary due to the company’s current
strategic project intensity, with the goal of ensuring effective
capital allocation on a global level.
Dr. Heinz Schimmelbusch, Chairman of the
Management Board and CEO commented “I am pleased to congratulate
Michael on his nomination to the Management Board. I have worked
closely with him since he joined the Company in 2010 and have seen
firsthand his important contributions to AMG’s success. Michael’s
extensive strategic, financial, and operational knowledge, as well
as his leadership and management skills, will be invaluable assets
to the Board. This updated Management Board complements the new
corporate structure exceptionally well and helps ensure the Company
will maintain its sound leadership into the future.”
The Agenda furthermore carries the reappointment
of Mr. Jackson Dunckel (CFO) as a member of the Management Board
for a term of four (4) years, and reappointment of Dr. Donatella
Ceccarelli as a member of the Supervisory Board for a term of two
(2) years. Given the rotation schedule of the Supervisory Board and
the retirement of Professor Hanke and Mr. Depp in 2025, the
Supervisory Board has resolved, in order to prepare for an orderly
transition, to expand its resources in 2024 to create a Board with
seven (7) members at the AGM in May 2024. The Supervisory Board is
very pleased that Ms. Dagmar Bottenbruch is prepared to rejoin
AMG’s Supervisory Board as an independent member, and to secure
continuity given her past experience and successful track record as
a Supervisory Board member and member of the Remuneration Committee
until 2023. The Supervisory Board will therefore nominate Ms.
Bottenbruch for appointment at the AGM on May 8, 2024 as an
independent member of the Supervisory Board for a term of four (4)
years.
Shareholders will have the option to exercise
voting rights by providing voting instructions prior to the AGM in
accordance with the (proxy) voting procedures.
The Agenda and Explanatory Notes, including
instructions for shareholders to attend the meeting and/or to
exercise their voting rights, are available to investors and other
interested parties via the AMG website (www.amg-nv.com).
About AMG
AMG's mission is to provide critical materials
and related process technologies to advance a less carbon-intensive
world. To this end, AMG is focused on the production and
development of energy storage materials such as lithium, vanadium,
and tantalum. In addition, AMG's products include highly engineered
systems to reduce CO2 in aerospace engines, as well as critical
materials addressing CO2 reduction in a variety of other end use
markets.
AMG’s Lithium segment spans the lithium value
chain, reducing the CO2 footprint of both suppliers and customers.
AMG’s Vanadium segment is the world’s market leader in recycling
vanadium from oil refining residues, spanning the Company’s
vanadium, titanium, and chrome businesses. AMG’s Technologies
segment is the established world market leader in advanced
metallurgy and provides equipment engineering to the aerospace
engine sector globally. It serves as the engineering home for the
Company’s fast-growing LIVA batteries, and spans AMG’s mineral
processing operations in graphite, antimony, and silicon metal.
With approximately 3,600 employees, AMG operates
globally with production facilities in Germany, the United Kingdom,
France, the United States, China, Mexico, Brazil, India, Sri Lanka,
and Mozambique, and has sales and customer service offices in Japan
(www.amg-nv.com).
For further information, please
contact:AMG Critical Materials
N.V. +1
610 975 4979Michele
Fischermfischer@amg-nv.com
Disclaimer
Certain statements in this press release are not
historical facts and are “forward looking”. Forward looking
statements include statements concerning AMG’s plans, expectations,
projections, objectives, targets, goals, strategies, future events,
future revenues or performance, capital expenditures, financing
needs, plans and intentions relating to acquisitions, AMG’s
competitive strengths and weaknesses, plans or goals relating to
forecasted production, reserves, financial position and future
operations and development, AMG’s business strategy and the trends
AMG anticipates in the industries and the political and legal
environment in which it operates and other information that is not
historical information. When used in this press release, the words
“expects,” “believes,” “anticipates,” “plans,” “may,” “will,”
“should,” and similar expressions, and the negatives thereof, are
intended to identify forward looking statements. By their very
nature, forward looking statements involve inherent risks and
uncertainties, both general and specific, and risks exist that the
predictions, forecasts, projections and other forward looking
statements will not be achieved. These forward looking statements
speak only as of the date of this press release. AMG expressly
disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward looking statement contained
herein to reflect any change in AMG's expectations with regard
thereto or any change in events, conditions, or circumstances on
which any forward looking statement is based.
- 2024 AGM Agenda Press Release
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