Iochpe-Maxion SA ("Company") informs its shareholders that, as shown in the voting summary statement disclosed to the market on this date, shareholders holding more than 5% (five percent) of the voting capital stock of the Company requested the adoption of the multiple vote process and, therefore, the election of the candidates to the Board of Directors may occur through such process at the Annual General Shareholders Meeting summoned for April 26, 2019.
São Paulo, April 23, 2019.
Augusto Ribeiro Junior
Chief Financial and Investor Relations Officer
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Iochpe-Maxion SA published this content on 23 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 April 2019 12:28:05 UTC
Iochpe-Maxion S.A. is engaged in the production of automotive wheels. The Company is a producer of automotive structural components in the Americas, and a producer of railway equipment in Brazil. Its operations are focused on the automotive segment, and divided into the wheels and structural component segments. The Company operates through three divisions: Maxion Wheels, Maxion Structural Components and AmstedMaxion. At Maxion Wheels, the Company produces and sells a range of steel wheels for light and commercial vehicles, and agricultural machinery and aluminum wheels for light vehicles. At Maxion Structural Components, it produces side rails, cross members and full frames for commercial vehicles and structural components for light vehicles. At AmstedMaxion (a joint venture), the Company produces freight cars, railway wheels and castings, as well as industrial castings. The Company's and its subsidiaries' operations are carried out in over 30 units located in Brazil and abroad.