SMT Scharf AG Shareholders Approve Strategy 2026, Confirm New Supervisory Board Members at Annual General Meeting

SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a global supplier of transport solutions for underground mining, held its 2026 Annual General Meeting in Hamm, Germany, on May 19. With 70.37% of the share capital represented, shareholders approved all proposed resolutions by a large majority, including the release of the Managing Board and Supervisory Board from liability for the 2025 fiscal year.

The meeting focused on the company's business performance in 2025 and its outlook for 2026. The Managing Board presented Strategy 2026, a comprehensive transformation initiative launched in the first quarter of 2026. This strategy aims to improve efficiency and profitability through structural measures, while expanding the product portfolio to include new technologies and markets. A key element is the development of battery-powered transport systems for mining applications.

Shareholders also confirmed the court-ordered appointment of Jian Liu and Hui Guo as members of the Supervisory Board. They join Prof. Dr. Ferdinand Bernhard Mager, Dr. Lei Zhang, and Prof. Wei Luan to form the five-member board. Additionally, Rodl Audit GmbH Wirtschaftsprufungsgesellschaft, Cologne branch office, was appointed as auditor for the 2026 financial year.

The approval of Strategy 2026 signals investor confidence in SMT Scharf's direction amid a transforming mining industry. By focusing on battery-powered transport systems, the company is positioning itself to meet growing demand for sustainable mining solutions. The confirmed Supervisory Board adds expertise from new members, potentially strengthening governance.

Detailed voting results are available on the company's website at www.smtscharf.com in the Investor Relations section.