Energiekontor AG Shareholders Approve All Agenda Items by Large Majority at Annual General Meeting

Energiekontor AG, a leading German project developer and operator of wind and solar parks, held its Annual General Meeting as an in-person event near Bremen on May 27, 2026. Shareholders representing approximately 60 percent of the registered share capital approved all agenda items proposed by the Management Board and Supervisory Board by a large majority. The meeting discharged the boards, approved the auditor for the 2026 financial year, and endorsed the remuneration report for 2025.

Despite a challenging market environment, Energiekontor achieved the upper end of its earnings forecast for 2025, with sales and earnings increasing year-on-year. The approved dividend of 1.00 euro per eligible share doubles last year's payout, reflecting the company's confidence in its financial health. The Management Board reported that operational performance in the current financial year is proceeding according to plan, with 22 wind and solar park projects totaling around 650 megawatts under construction. Nine of these projects, with over 230 megawatts, are for the company's proprietary portfolio.

Energiekontor recently concluded commercially attractive power purchase agreements (PPAs) for 17 German post-EEG wind parks with a capacity of more than 100 megawatts for 2026 and 2027. The company is also driving the expansion and modernization of its portfolio through new parks, repowering projects, and smart technologies. The project pipeline has expanded to over twelve gigawatts, including US solar project rights, with a significant increase in advanced projects that have secured building permits or financial closings.

CEO Peter Szabo highlighted the robust operational performance amid regulatory and economic challenges, expecting improved visibility for project implementation as the year progresses. For 2026, Energiekontor reaffirms its Group EBT target of 40 to 60 million euros and believes it has sufficient potential to achieve its 2023-2028 growth strategy. Further details are available on the company's website at https://www.energiekontor.de/en/investor-relations/annual-general-meeting.

Energiekontor, founded in 1990, has realized over 170 wind and solar park projects with a total capacity of over 1.5 gigawatts, corresponding to an investment volume of more than 2.3 billion euros. The company's expanded pipeline underscores its growth potential and contribution to renewable energy expansion. Energiekontor AG is listed on the SDAX of the German Stock Exchange.