AMG Announces Results of its 2025 Annual General Meeting
Amsterdam, 8 May 2025(Regulated Information)--- AMG Critical Materials N.V. ('AMG', EURONEXT AMSTERDAM: 'AMG') is pleased to announce that during its Annual General Meeting held on May 8, 2025, shareholders approved all agenda items presented. During the meeting, Dr. Heinz Schimmelbusch was reappointed as Chief Executive Officer for an additional term of two years, beginning May 8, 2025.
At this Annual General Meeting, the term of AMG's Chief Operating Officer, Mr. Eric Jackson, has ended and he has indicated his plan to retire. Mr. Jackson has served on AMG's Management Board since its formation in 2006. Following his retirement, Mr. Jackson will act as a senior advisor to the Company. The Supervisory Board and the Management Board are deeply grateful to Mr. Jackson for the value he has created for the Company and for his innovative leadership of AMG over the past two decades.
There were also changes made to AMG's Supervisory Board composition during today's Annual General Meeting. Professor Steve Hanke, Chairman of the Supervisory Board, and Mr. Herb Depp, Chairman of the Remuneration Committee, have both served twelve years on the Supervisory Board. Given the term limits for Supervisory Directors under the Dutch Corporate Governance Code, they have therefore retired from their positions on AMG's Supervisory Board. The Supervisory Board is deeply grateful for the long service and dedication to AMG by both Professor Hanke and Mr. Depp.
Mr. Willem van Hassel and Mr. Warmolt Prins were reappointed as members of the Supervisory Board for terms of two and four years, respectively, with effect from May 8, 2025. And due to the vacancies created by the retirements of Professor Hanke and Mr. Depp, the Supervisory Board welcomes its newest member, Mr. Robert Jeffries, who was appointed during today's Annual General Meeting as an independent member for a term of four years, beginning May 8, 2025.
Given the retirement of Professor Hanke from his position as Chairman of the Supervisory Board after this Annual General Meeting, AMG is pleased to confirm, as announced earlier, that the Supervisory Board has unanimously resolved during its meeting on February 26, 2025, to appoint Ms. Dagmar Bottenbruch, a member of the Supervisory Board since 2019, as Chairwoman of the Supervisory Board with effect from May 8, 2025.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
This press release contains regulated information as defined in the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht).
About AMG
AMG's mission is to provide critical materials and related process technologies to advance a less carbon-intensive world. To this end, AMG is focused on the production and development of energy storage materials such as lithium, vanadium, and tantalum. In addition, AMG's products include highly engineered systems to reduce CO2 in aerospace engines, as well as critical materials addressing CO2 reduction in a variety of other end use markets.
AMG's Lithium segment spans the lithium value chain, reducing the CO2 footprint of both suppliers and customers. AMG's Vanadium segment is the world's market leader in recycling vanadium from oil refining residues, spanning the Company's vanadium, titanium, and chrome businesses. AMG's Technologies segment is the established world market leader in advanced metallurgy and provides equipment engineering to the aerospace engine sector globally. It serves as the engineering home for the Company's fast-growing LIVA batteries, NewMOX SAS formed to span the nuclear fuel market, and spans AMG's mineral processing operations in graphite, antimony, and silicon metal.
With approximately 3,600 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, and Sri Lanka, and has sales and customer service offices in Japan ( www.amg-nv.com ).
For further information, please contact:
AMG Critical Materials N.V. +1 610 975 4979
Michele Fischer
[email protected]
Disclaimer
Certain statements in this press release are not historical facts and are 'forward looking.' Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words 'expects,' 'believes,' 'anticipates,' 'plans,' 'may,' 'will,' 'should,' and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. These forward-looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward-looking statement is based.
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