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  General meeting information transmitted by euro adhoc with the aim of a 
  Europe-wide distribution. The issuer is responsible for the content of this 
  announcement. 
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29.04.2021 
 
Schoeller-Bleckmann Oilfield Equipment AG: Results of the Annual General Meeting 
 
Ternitz/Vienna. Today's Annual General Meeting of Schoeller-Bleckmann Oilfield 
Equipment AG (SBO), which was held again in virtual format following its 
successful first implementation in the previous year, granted discharge to the 
Executive Board and the Supervisory Board for the 2020 financial year. The 
mandate of Dr. Wolfgang Littich as member of the company's Supervisory Board was 
extended by another period of further five years. In addition, the Annual 
General Meeting was informed about the extension of the Executive Board contract 
of CEO Gerald Grohmann until the end of 2023. 
 
The remuneration report for 2020, which had been prepared in accordance with the 
remuneration policy for 2020, was put to the vote for the first time and adopted 
by the Annual General Meeting. 
 
The Executive Board's proposal to carry forward the reported net earnings of 
MEUR 4.4 to new account was approved. For the 2021 financial year, Ernst & Young 
Wirtschaftsprüfungsgesellschaft m.b.H. were appointed auditor for the annual 
financial statements and auditor of the consolidated financial statements. 
 
All resolutions are available in detail on the SBO website: www.sbo.at/ 
hauptversammlung [http://www.sbo.at/hauptversammlung] 
 
Schoeller-Bleckmann Oilfield Equipment AG (SBO) is the global market leader in 
the production of high-precision components made of non-magnetic, high-alloy 
stainless steels manufactured to customer specifications. The Group is equally 
recognized worldwide for its high-efficiency drilling tools and equipment for 
the oil and gas industry. With its patented materials and processes, including 
the innovative Direct Metal Laser Sintering (DMLS) 3D printing technology, SBO 
is expanding its leading position in the oil and gas industry alongside other 
sectors. 
 
SBO is listed on the Vienna Stock Exchange and included in the leading ATX 
index. The Group employs a workforce of more than 1,100 worldwide and is 
successfully positioned in technologically demanding, profitable niches. 
Information on the "Quality First"-based growth strategy and sustainable 
management (ESG) is available in the annual report at https://www.sbo.at/ 
publikationen [https://www.sbo.at/publikationen]. www.sbo.at [http://www.sbo.at/ 
] 
 
 
 
Further inquiry note: 
Andreas Böcskör, Corporate Communications 
Schoeller-Bleckmann Oilfield Equipment AG 
Phone: +43 2630 315 ext 252 
E-Mail: a.boecskoer@sbo.co.at 
 
Ildiko Füredi-Kolarik 
Metrum Communications GmbH 
Phone: +43 1 504 69 87 ext  351 
E-Mail: i.fueredi@metrum.at 
 
end of announcement                         euro adhoc 
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(END) Dow Jones Newswires

April 29, 2021 08:30 ET (12:30 GMT)