EQS-AGM: voestalpine AG: voestalpine Annual General Meeting approves dividend of EUR 0.60

voestalpine Annual General Meeting approves dividend of EUR 0.60

At today’s 33rd Annual General Meeting of voestalpine AG, a dividend of EUR 0.60 per share was agreed for the business year 2024/25 (previous year: EUR 0.70). The payment of the dividend will be made starting July 15, 2025 (ex-dividend day: July 10, 2025). voestalpine has paid dividends to its shareholders every year since its IPO in 1995. Starting with the 2025/26 business year, the Group is adjusting its dividend policy and will in future propose a dividend of 30% of earnings per share, but at least EUR 0.40 (per share), to the Annual General Meeting. Another item on the agenda was the election of Reinhard Schwendtbauer as a new member of the Supervisory Board of voestalpine AG. The CEO of Raiffeisenlandesbank Oberösterreich AG succeeds Heinrich Schaller.

Once again, voestalpine showed resilience and strength in the 2024/25 business year (April 1, 2024 – March 31, 2025), achieving a solid result despite extremely challenging conditions. The decline in revenue and earnings is also reflected in the slight decrease in the dividend from EUR 0.70 in the 2023/24 business year to EUR 0.60 per share in the 2024/25 business year. Relative to voestalpine’s average share price of EUR 22.28 in the business year 2024/25, the dividend yield is 2.7%. Since its IPO 30 years ago, voestalpine has continuously paid dividends to its shareholders, with an average dividend yield of 3.5%.

New dividend policy will mean more predictability and stability for shareholders

As communicated in an ad-hoc announcement on Monday, voestalpine presented its new dividend policy at today’s Annual General Meeting: Starting in the 2025/26 business year (April 1, 2025 –
March 31, 2026), the Management Board’s dividend proposal to the Annual General Meeting will provide for a distribution of 30% of earnings per share, provided that the debt ratio (net financial debt to EBITDA ratio) is below 2.0 after the dividend payment. Irrespective of this, a minimum dividend of EUR 0.40 per share is determined in any case. Additional distributions and/or share buybacks are possible in the event of exceptionally good earnings and a corresponding debt ratio.

This model ensures a balance between performance-related yet stable shareholder participation in the company’s success on the one hand, and safeguarding a resilient and solid capital structure for future growth on the other. The dividend policy will be reviewed every four years.

Personnel changes to the Supervisory Board

Heinrich Schaller stepped down from the Supervisory Board of voestalpine AG at today’s Annual General Meeting. Reinhard Schwendtbauer, CEO of Raiffeisenlandesbank Oberösterreich AG, was newly elected to the Supervisory Board today and unanimously elected Deputy Chairman of the Supervisory Board of voestalpine AG at the subsequent Supervisory Board meeting. The business administration graduate initially worked for many years as Managing Director of the consulting firm Finadvice Austria. He has been a Member of the Management Board of Raiffeisenlandesbank Oberösterreich AG since 2012 and took on the role of Chairman in 2025.

There have also been personnel changes in the Supervisory Board among the members delegated by the Works Council: Reinhard Lang succeeded Josef Gritz in October 2024, who retired at the end of June 2024. On May 1, 2025, Manfred Hippold replaced Hans-Karl Schaller on the Supervisory Board of voestalpine AG, who also retired from voestalpine due to his age.

Authorization of the Management Board to buy back own shares

The Annual General Meeting also authorized the Management Board to buy back no-par bearer shares to a maximum of 10% of the company’s total share capital. This is effectively a renewal of the authorization for a share buyback program issued in 2023 which, among others, will be used to expand the employee shareholding scheme or to service convertible bonds. The share buyback program is authorized to run for a period of 30 months. In this connection, the Management Board of voestalpine was also authorized to buy back its own shares in a manner other than via the stock exchange, or via a public offer, or to redeem own shares, thereby reducing the share capital.

The voestalpine employee shareholding scheme is celebrating its 25th anniversary

The voestalpine employee shareholding scheme is the largest of its kind in Austria, in terms of both the percentage of voting rights and the value of shares, and has been considered exemplary in Europe for many years. The concept was developed in the year 2000. It bundles voting rights in an employee shareholding foundation, contributing significantly to the stable ownership structure of the Group, and also enabling employees to participate directly in the company’s success. Employees at voestalpine currently hold over 14% of the voting rights in voestalpine AG.

The voestalpine Group

voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. The voestalpine Group has been listed on the Vienna Stock Exchange since 1995. With its premium products and system solutions, voestalpine is a leading partner to the automotive and machinery industries, as well as to the aerospace and energy industries. The company is also the global market leader in railway systems and special sections. voestalpine is committed to the global climate goals and has a clear plan for transforming steel production with its greentec steel program. In the business year 2024/25, the Group generated revenue of EUR 15.7 billion, with an operating result (EBITDA) of EUR 1.3 billion; it has around 49,700 employees worldwide.

Please direct your inquiries to

voestalpine AG
DI (FH) Peter Fleischer
Head of Investor Relations

voestalpine-Strasse 1
4020 Linz, Austria
T. +43/50304/15-9949
peter.fleischer@voestalpine.com
www.voestalpine.com

voestalpine AG

Mag. Peter Felsbach, MAS

Head of Group Communications I Spokesman

voestalpine-Strasse 1

4020 Linz, Austria

T. +43/50304/15-2090

peter.felsbach@voestalpine.com

www.voestalpine.com