Annual General Meeting of Starrag Group Holding AG: All motions of the Board of Directors approved

Ad hoc announcement pursuant to Art. 53 LR

Annual General Meeting of Starrag Group Holding AG

•  All motions of the Board of Directors approved

•  Christian Androschin and Bernhard Iseli new members of the Board of Directors

•  Dividend of CHF 1.00 per registered share

Rorschacherberg, 23 April 2023 - Today's Annual General Meeting of Starrag

Group Holding AG took place, in accordance with the article 27 of the COVID-19

Ordinance 3 of the Swiss Federal Council's ordinance on measures to the coronavirus, without shareholders attending in person. Shareholders were able to exercise their rights at the AGM exclusively through the independent proxy.

The independent proxy represented 2'871'466 votes, representing 86% of the share capital.

The shareholders approved the management report, the annual financial statements and the consolidated financial statements, as well as the 2021 remuneration report in a non-binding advisory vote. With an ex-date of 26 April 2022, a dividend of CHF 1.00 per registered share will be paid out in the form of a distribution of capital contribution reserves free of withholding tax (CHF 0.50) and from retained earnings (CHF 0.50).

In addition, the shareholders granted discharge to the members of the Board of Directors for fiscal year 2021. Aggregate compensation of the Board of Directors for the period up to the Annual General Meeting 2023 and of the Executive Board of Directors for fiscal year 2023 was approved.

Starrag Ad hoc announcement pursuant to Art. 53 LR

The Annual General Meeting confirmed Michael Hauser as Chairman of the Board of Directors. The other members of the Board of Directors, Walter Fust, and Adrian Stürm, were re-elected by the shareholders for a further one-year term.

Christian Androschin and Bernhard Iseli were elected as new members of the Board of Directors, replacing Prof. em Dr. Christian Belz and Erich Bohli on the Board of Starrag Group Holding AG.

The shareholders confirmed Walter Fust and Bernhard Iseli as members of the Compensation Comittee. In addition, PricewaterhouseCoopers AG was confirmed as auditor for fiscal year 2021. Attorney Jürg Jakob was re-elected as the independent voting proxy.

High-precision machine tools for greater productivity

Starrag Group is a global technology leader in manufacturing high-precision machine tools for milling, turning, boring and grinding workpieces of metallic, composite and ceramic materials. Principle customers are internationally active companies in the Aerospace, Energy, Transportation and Industrial (Industrial Components, Luxury Goods, Med Tech) sectors. In addition to its portfolio of machine tools, Starrag Group provides integrated technology and maintenance services that significantly enhance customer quality and productivity.

The umbrella brand Starrag unites the product ranges Berthiez, Bumotec, Dörries, Droop+Rein, Ecospeed, Heckert, Scharmann, SIP, Starrag, TTL and WMW. Headquartered in Rorschach/Switzerland, the Starrag Group operates manufacturing plants in Switzerland, Germany, France, the UK and India, and has established a network of sales and services subsidiaries in the most important customer countries.

The shares of Starrag Group Holding AG are listed on the SIX Swiss Exchange.

For further information:www.starrag.com

Starrag Ad hoc announcement pursuant to Art. 53 LR
For further information please contact
Dr. Christian Walti	Thomas Erne
CEO	CFO
[e-mail]	[e-mail]
Upcoming events

	Ex date dividend pay-out	26 April 2022
	Record date dividend pay-out	27 April 2022
	Payment date dividend pay-out	28 April 2022
	Half-Year Report 2022	28 July 2022
	Sales and orders 2022	27 January 2023
	Key figures 2022 / Annual report	10 March 2023
	Annual General Meeting	21 April 2023

The economic projections and predictions contained in this information relate to future facts. Such projections and predictions are subject to risks, uncertainties and changes which cannot be foreseen and which are beyond the control of the issuer. The Starrag Group is therefore not in a position to make any representations as to the accuracy of economic projections and predictions or their impact on the financial situation of the Starrag Group or the market in the securities of the Starrag Group.

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