Schmid Group shareholders approved amended compensation policy at AGM

• Schmid Group held its annual shareholder meeting on May 20, 2026.
• Shareholders backed an extension for drafting the 2025 board report and annual accounts; an extraordinary meeting is planned to vote later.
• An amended compensation policy was adopted.
• A share incentive plan was adopted; the board was authorized to issue up to 2,500,000 shares per issuance for the plan.
• Authority granted to issue shares to settle claims: Christine Schmid up to 800,000; Anette Schmid up to 4,000,000; Christian Mathias Schmid up to 2,350,000.
• Authority granted to issue up to 2,000,000 shares to Schmid Grundstücke GmbH & Co KG to settle claims.
• Board authorized to issue up to 11,400,000 shares for conversion of 7.0% Convertible Senior PIK Toggle Notes due 2028 tied to USD 22 million outstanding.
• Board authorized to issue up to 3,755,150 shares under warrant agreements at USD 8.01 per share, subject to adjustments.
• Mandate renewed to acquire own shares for 18 months.
• General share-issuance authority renewed for five years up to 20% of shares outstanding post the authorized issuances.

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