REG - RHI Magnesita N.V. - Result of AGM

RHI Magnesita NVAnnouncement

13/05/2026 16:15

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RNS Number : 2183E  RHI Magnesita N.V.  13 May 2026

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

Result of the Annual General Meeting 2026 ("AGM")

 

Following the AGM held today, 13 May 2026, RHI Magnesita announces that each
of the voting resolutions set out in the Notice of Meeting to Shareholders,
dated 26 March 2026, were passed by the requisite majority. A poll was held on
each of the resolutions proposed. The results of the poll, incorporating
proxy votes lodged in advance of the meeting, are set out below:

 

 Resolutions                                                                      Votes for   % of votes cast  Votes against  % of votes cast  Total votes validly cast  Total votes cast - % of the relevant issued shares  Number of votes withheld
 Resolution 3                                                                     40,536,029  100              400            0                40,536,429                85.63                                               200

 To adopt the annual accounts for the financial year ended 31 December 2025
 Resolution 4                                                                     40,543,590  100              415            0                40,544,005                85.63                                               200

 To declare a final dividend of €1.20 per share for the financial year ended
 31 December 2025
 Resolution 5                                                                     40,529,368  99.99            5,344          0.01             40,534,712                85.63                                               200

 To release the directors from liability for the exercise of their respective
 duties during the financial year 2025
 Resolution 6. a.                                                                 40,276,602  99.34            267,061        0.66             40,543,663                85.65                                               200

 To re-elect S. Borgas
 Resolution 6. b.                                                                 40,501,587  99.90            42,061         0.10             40,543,648                85.65                                               200

 To re-elect I. Botha
 Resolution 7. a.                                                                 34,307,559  85.36            5,886,089      14.64            40,193,648                84.91                                               200

 To re-elect H. Cordt
 Resolution 7. b.                                                                 39,672,355  97.85            871,293        2.15             40,543,648                85.65                                               200

 To re-elect J. Ramsay
 Resolution 7. c.                                                                 40,474,157  99.83            69,491         0.17             40,543,648                85.65                                               200

 To re-elect J. Ashdown
 Resolution 7. d.                                                                 40,189,184  99.13            354,464        0.87             40,543,648                85.65                                               200

 To re-elect D. Schlaff
 Resolution 7. e.                                                                 40,189,184  99.13            354,464        0.87             40,543,648                85.65                                               200

 To re-elect S.O.L.B Prinz zu Sayn-Wittgenstein- Berleburg
 Resolution 7. f.                                                                 40,518,251  99.94            25,397         0.06             40,543,648                85.65                                               200

 To re-elect J.M. Brown
 Resolution 7. g.                                                                 39,673,295  97.85            870,353        2.15             40,543,648                85.65                                               200

 To re-elect K. Sevelda
 Resolution 7. h.                                                                 40,518,248  99.94            25,400         0.06             40,543,648                85.65                                               200

 To re-elect M-H. Ametsreiter
 Resolution 7. i.                                                                 38,949,519  96.07            1,594,129      3.93             40,543,648                85.65                                               200

 To re-elect W. Ruttenstorfer
 Resolution 7. j.                                                                 40,519,283  99.94            24,365         0.06             40,543,648                85.65                                               200

 To re-elect A.K. Lindström
 Resolution 7. k.                                                                 40,189,182  99.13            354,466        0.87             40,543,648                85.65                                               200

 To re-elect F-F. Buerstedde
 Resolution 8                                                                     40,542,987  100              676            0.00             40,543,663                85.65                                               200

 To appoint KPMG Accountants N.V. as the Company's external auditor for the
 financial year 2026
 Resolution 9                                                                     40,453,068  99.78            90,912         0.22             40,543,980                85.65                                               200

 To approve, as an advisory vote, the Directors' Remuneration Report (excluding
 the Directors' Remuneration Policy) for the period ended 31 December 2025
 Resolution 10                                                                    40,542,752  100              878            0.00             40,543,630                85.65                                               200

 To establish the proposed remuneration of the Non-Executive Directors
 Resolution 11                                                                    40,471,265  99.82            72,390         0.18             40,543,655                85.65                                               200

 Authority to issue ordinary shares or grant rights to acquire ordinary shares
 Resolution 12                                                                    40,511,003  99.92            31,528         0.08             40,542,531                85.65                                               200

 Limited disapplication of pre-emption rights
 Resolution 13                                                                    40,494,169  99.88            48,262         0.12             40,542,431                85.65                                               200

 Authority to limit or exclude pre-emptive rights
 Resolution 14                                                                    40,540,829  100              518            0.00             40,541,347                85.64                                               200

 Authority to acquire shares in the Company or depositary receipts of such
 shares
 Resolution 15                                                                    40,543,590  100              400            0.00             40,543,990                85.65                                               200

 Authority to cancel any or all shares held in treasury or to be acquired

 

Notes:

1.   Resolutions 1 and 2 were non-voting resolutions and are therefore not
included in the table above.

2.   The total voting rights of the Company on the day on which shareholders
had to be on the register in order to be eligible to vote was 47,337,525.

3.   A "Vote withheld" is not a vote in law and is not counted in the
calculation of the % of shares voted "For" or "Against" a resolution.

4.   In accordance with LR 6.4.13, copies of any resolutions passed as
special business will be submitted to the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

5.   These results will also shortly be available on the Company's website
at https://ir.rhimagnesita.com/ (https://ir.rhimagnesita.com/)

 

For further enquiries, please contact:

 

Julia Crane, Company Secretary

Tel: +43 699 1870 6250

E-mail: julia.crane@rhimagnesita.com (mailto:julia.crane@rhimagnesita.com)

 

Alexander Ordosch, Head of Investor Relations

Tel: +43 699 1870 6162

E‐mail: alexander.ordosch@rhimagnesita.com
(mailto:alexander.ordosch@rhimagnesita.com)

 

 

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory
products, systems and solutions which are critical for high-temperature
processes exceeding 1,200°C in a wide range of industries, including steel,
cement, non-ferrous metals and glass. With a vertically integrated value
chain, from raw materials to refractory products and full performance-based
solutions, RHI Magnesita serves customers around the world, with over 20,000
employees in 76 main production sites (including recycling facilities), 16 raw
material sites and more than 70 sales offices. RHI Magnesita intends to
leverage its leadership in terms of revenue, scale, product portfolio and
diversified geographic presence to target strategically those countries and
regions benefiting from more dynamic economic growth prospects.

RHI Magnesita offers investors EBITDA and free cash flow comparable to FTSE
100 peers, the highest free cash flow yield in the UK industrials sector, a
compelling M&A growth story and high operational gearing to market
recovery. The Group seeks to allocate capital to maximise value generation for
shareholders. After maintenance capex and dividend, M&A, organic
investments and buybacks compete for capital. The global refractory industry
remains fragmented and the M&A pipeline presents an opportunity to
continue a value-accretive consolidation strategy.

The Group is listed within the Equity Shares (Commercial Companies) category
("ESCC") of the Official List of the London Stock Exchange (symbol: RHIM) and
is a constituent of the FTSE 250 index, with a secondary listing on the Vienna
Stock Exchange (Wiener Börse). For more information please visit:
www.rhimagnesita.com

 

 

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