KUKA issues statement on motions for additional agenda items
After its meeting today the Supervisory Board of KUKA Aktiengesellschaft issued the following statement in response to the motions for additional agenda items submitted by Grenzebach Maschinenbau GmbH for KUKA Aktiengesellschaft’s Annual General Meeting on April 29, 2009
2 апреля 2009 г.
“At today's meeting, KUKA Aktiengesellschaft's Supervisory Board discussed the agenda amendment proposals submitted by shareholder Grenzebach Maschinenbau GmbH.
During several meetings between Mr. Rudolf Grenzebach, representing the Grenzebach family, Mr. Bernd Minning, CEO of Grenzebach Maschinenbau GmbH, Dr. Till Reuter, member of the executive board of RINVEST AG and various members of the Supervisory Board and representatives of KUKA Aktiengesellschaft, Mr. Grenzebach, Mr. Minning and Dr. Reuter provided assurances that the sole aim of the amendment proposals submitted by Grenzebach Maschinenbau GmbH was to enable Mr. Minning and Dr. Reuter to be elected to the Supervisory Board. In addition, consensus was reached concerning the key principles of the future strategy and collaboration between KUKA Aktiengesellschaft and Grenzebach Maschinenbau GmbH.
This is the basis upon which Mr. Pepyn René Dinandt and Mr. Helmut Gierse advised that they are prepared to resign as members of the Supervisory Board of KUKA Aktiengesellschaft effective the end of the Annual General Meeting on April 29, 2009. The Supervisory Board thanks Mr. Dinandt and Mr. Gierse for their excellent, faithful and constructive work on the Supervisory Board of KUKA Aktiengesellschaft.
As a result of these resignations, Grenzebach Maschinenbau GmbH has stated that the amendment proposal regarding dismissal of Supervisory Board shareholder representatives has become superfluous and thus will be withdrawn.
Based on the aforementioned premises and developments, the Supervisory Board of KUKA Aktiengesellschaft supports the amendment proposal of Grenzebach Maschinenbau GmbH regarding the election of Mr. Bernd Minning and Dr. Till Reuter to the Supervisory Board of KUKA Aktiengesellschaft and recommends to the shareholders of KUKA Aktiengesellschaft to cast their votes in favor of these prospective members of the board.”
The Executive Board of KUKA AG will do its part to further expand and intensify the cooperation with Grenzebach Maschinenbau GmbH.