SMT Scharf AG Annual General Meeting Approves Strategy 2026 and Confirms New Supervisory Board Members

SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a global leader in bespoke transport solutions and logistics systems for underground mining, successfully held its 2026 Annual General Meeting in Hamm on May 19, 2026. With 70.37% of the share capital represented, shareholders approved all resolutions proposed by the Managing Board and Supervisory Board by a large majority, including the release of both boards from liability for the 2025 financial year.

During the meeting, the Managing Board reported on the company's performance in fiscal year 2025 and provided an update on developments in the first quarter of 2026, along with expectations for the full year. A key focus was the presentation of Strategy 2026, adopted in the first quarter of 2026. This comprehensive transformation process aims to position SMT Scharf for the future by improving efficiency and profitability through structural measures. The company is also focusing on further developing its product portfolio to incorporate new technologies and access additional markets, particularly through the development of battery-powered transport systems for various mining applications.

The Annual General Meeting also addressed elections to the Supervisory Board, confirming the court-ordered appointment of Mr. Jian Liu and Mr. Hui Guo as members. They join Prof. Dr. Ferdinand Bernhard Mager, Dr. Lei Zhang, and Prof. Wei Luan to form the five-member board. Additionally, Rodl Audit GmbH Wirtschaftsprufungsgesellschaft, Cologne branch office, was appointed as auditor for the 2026 financial year.

Detailed voting results for each agenda item are available on the company's website at www.smtscharf.com in the Investor Relations section. SMT Scharf Group develops, manufactures, and services transportation equipment for underground mining and tunnel construction, with products including captivated railway systems for hard coal and metal mines, chairlifts, and rubber-tyred diesel and electric vehicles. The company is advancing battery-powered transport solutions as part of its diversification.