Progress Werk Oberkirch AG announced that at the end of this year's Annual General Meeting, the terms of office of the members of the Supervisory Board elected by the Annual General Meeting came to an end. After Supervisory Board membership of 21 and 15 years, respectively, Ulrich Ruetz and Dr. Gerhard Wirth no longer stood for re-election. In addition to the two previous members, Dr. Georg Hengstberger and Karl M. Schmidhuber, shareholders followed management's proposal and elected Carsten Claus, retired Chairman of the Board of Kreissparkasse Böblingen, and Dr. Jochen Ruetz, Managing Director/CFO and Member of the Board of Directors of GFT Technologies SE, to the Supervisory Board. The resolution on the increase in the dividend and regular agenda items were also pending a vote.

The company announced dividend increase from EUR 1.60 to EUR 1.65.