EQS-Adhoc : Annual General Meeting 2021: Shareholders support the Board of Directors' strategic expansion plan

EQS Group-Ad-hoc: Meyer Burger Technology AG / Key word(s): AGMEGM 
Annual General Meeting 2021:  Shareholders support the Board of Directors' strategic expansion plan 
04-May-2021 / 17:45 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 KR 
The issuer is solely responsible for the content of this announcement. 
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  . In line with the measures taken by the Swiss Federal Council to combat the coronavirus, the 21st Annual General 
    Meeting of Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) was held today without physical presence of the 
    shareholders on site at the company's headquarters in Thun 
Through the independent proxy, 1'090'249'228 registered shares were represented, corresponding to approximately 43.3% 
of the share capital entered in the company's register. 
At today's Annual General Meeting in Thun, the shareholders of Meyer Burger Technology Ltd approved all but one of the 
motions proposed by the Board of Directors: 
The General Meeting approved the management report, the annual financial statements, and the consolidated financial 
statements for the 2020 financial year. The 2020 remuneration report was also approved in a consultative vote. 
The Annual General Meeting approved the use of the balance sheet result and granted discharge to the members of the 
Board of Directors and the Executive Board for the 2020 financial year. 
The existing members of the Board of Directors Franz Richter and Andreas R. Herzog and Mark Kerekes were re-elected by 
the Annual General Meeting. The shareholders also elected attorney Urs Schenker as a new member of the Board of 
Directors. Franz Richter was elected Chairman of the Board of Directors in a separate vote, and Andreas R. Herzog and 
Urs Schenker were elected to the Nomination and Compensation Committee. 
PricewaterhouseCoopers AG, Bern, were re-elected as auditors for a further year and André Weber was re-elected as the 
Company's independent proxy. 
The Annual General Meeting agreed to redefine the approval period for the remuneration of the Board of Directors for 
the period from the ordinary Annual General Meeting to the ordinary Annual General Meeting of the following year and to 
amend the Articles of Association accordingly. Likewise, the maximum total amount of compensation of the Board of 
Directors and the Executive Committee for the financial year 2021/22 was approved. 
In order to provide the Company with flexibility in financing its strategic expansion plan, the Board of Directors has 
proposed an increase of the authorized and conditional capital. The shareholders approved the increase of the 
authorized capital with 88.2%, as well as the increase of the conditional capital by 10% of the existing share capital 
for convertible bonds with 71.9% of the votes in favor. 
Only the increase of the conditional capital for employee stock options by 5% of the existing share capital did not 
reach the required quorum of two-thirds of the votes with 60.9%. The Board of Directors regrets this result. For the 
coming growth phase and the successful implementation of its strategic goals, Meyer Burger has signed up top people and 
needs additional highly trained and dedicated employees, which is why a performance-based employee program has been 
developed. 
Chairman Franz Richter commented: "The Board of Directors will also seek discussions with shareholders and the proxy 
advisors for a possible solution." 
Video interview with the Chairman and CEO 
Recently, Meyer Burger introduced its new high-performance solar modules. With them, Meyer Burger is setting new 
industry standards. Three different, patent-protected product variants were presented at the premiere, all of which are 
manufactured in the company's own production facilities in Germany using the proprietary heterojunction/SmartWire 
technology developed in Switzerland. Research and manufacturing under the same Meyer Burger umbrella help to ensure 
technology leadership in the long term. 
Chairman of the Board of Directors Franz Richter and CEO Gunter Erfurt provide information about the next development 
steps in a video interview. All voting results and the video are available at: www.meyerburger.com/en/ 
annual-general-meeting 
 
Contact: 
Meyer Burger Technology AG 
Anne Schneider 
Head Corporate Communications 
M. [phone] 
[e-mail] 
Dynamics Group AG 
Andreas Durisch 
Senior Partner 
T. [phone] 
M. [phone] 
[e-mail] 
 
About Meyer Burger Technology Ltd 
www.meyerburger.com 
Meyer Meyer Burger is starting production of high-performance solar cells and solar modules in 2021. Its proprietary 
heterojunction/SmartWire technology enables the company to set new industry standards in terms of energy yield. With 
solar cells and modules developed in Switzerland and manufactured in Germany according to high sustainability 
standards, Meyer Burger aims to become a leading European photovoltaic company. The company currently employs around 
600 people at research facilities in Switzerland, development and manufacturing sites in Germany and sales offices in 
Europe, the USA and Asia. 
Meyer Burger was founded in 1953 in Switzerland. As a provider of production systems, the company has shaped the 
development of the global photovoltaic industry along the entire value chain in recent decades and has set essential 
industry standards. A large part of the solar modules produced worldwide today are based on technologies developed by 
Meyer Burger. 
The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (ticker: MBTN). 
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End of ad hoc announcement 
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Language:     English 
Company:      Meyer Burger Technology AG 
              Schorenstrasse 39 
              3645 Gwatt 
              Switzerland 
Phone:        [phone] 
E-mail:       [e-mail] 
Internet:     www.meyerburger.com 
ISIN:         CH0108503795 
Valor:        A0YJZX 
Listed:       SIX Swiss Exchange 
EQS News ID:  1192480 
 
End of Announcement EQS Group News Service 
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1192480 04-May-2021 CET/CEST

 
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May 04, 2021 11:47 ET (15:47 GMT)