KAP AG Annual Meeting Approves Board Exoneration

On July 11, 2025, KAP AG held its 39th Annual General Meeting in Fulda, where shareholders approved by a large majority the exoneration of the Management and Supervisory Boards. Around 84% of the share capital was represented at the meeting. The shareholders also appointed Mazars GmbH & Co. KG as auditor for both the separate and consolidated financial statements, along with approving the remuneration report.

Thorsten Diel, CFO of KAP AG, highlighted the company's strategic progress amid challenging economic conditions in 2024, attributed to geopolitical uncertainties and declining industrial production in Germany. Diel noted critical actions such as the sale of the precision components segment, which streamlined operations and reduced dependence on the automotive industry, enhancing overall efficiency and profitability.

Due to health reasons, Spokesman of the Management Board Marten Julius was absent. To maintain management continuity, Thorsten Diel and Stefan Deller were appointed interim board members.