PNE AG Annual General Meeting Approves Dividend, Elects New Chairman
PNE AG shareholders approved a dividend of EUR 0.04 per share and elected Marcel Egger as new Supervisory Board Chairman, while the proposal for new authorized capital failed to achieve the required majority.
PNE AG held its Annual General Meeting on May 19, 2026, where shareholders approved a dividend of EUR 0.04 per share and elected Marcel Egger as the new Chairman of the Supervisory Board. The company reported a successful operating year in 2025, with CEO Heiko Wuttke stating, 'We look back on a very successful operating 2025 financial year. PNE has proven that it is profitable in its core business.'
The dividend approval, based on the appropriation of balance sheet profits, was passed by a large majority. Shareholders also formally approved the actions of the Management Board and Supervisory Board members for the 2025 financial year. Additionally, Florian Schuhbauer, Alberto Donzelli, Dirk Simons, and Dr. Susanna Zapreva were elected to the Supervisory Board.
Immediately after the meeting, the Supervisory Board elected Marcel Egger as its new Chairman, succeeding Dirk Simons, who will be appointed as the new CFO of PNE AG effective May 20, 2026. The previous CFO, Harald Wilbert, stepped down from the Board of Management at the end of the Annual General Meeting due to personal reasons.
However, the proposal to create New Authorized Capital did not achieve the required 75% majority, signaling potential challenges in future capital-raising efforts. Wuttke noted that while the company made a good start to 2025, challenges remain due to political frameworks. He commented, 'We must ensure that this does not come at the expense of expanding renewable energy. The redispatch proviso carries precisely this risk.'
The Annual General Meeting was held virtually for the first time since the COVID-19 pandemic, allowing shareholders unable to travel to Cuxhaven to participate and improving the event's sustainability. Shareholders also approved the compensation report and the appointment of KPMG AG Wirtschaftsprufungsgesellschaft as statutory auditor for 2026 by large majorities.
The outcomes of the meeting highlight PNE's focus on shareholder returns and governance stability, while the failure of the authorized capital proposal may limit the company's flexibility to raise funds for future projects. As a Clean Energy Solutions Provider, PNE Group continues to develop onshore and offshore wind farms and photovoltaic projects worldwide.
For more details, see the original release on NewMediaWire.