Fox e-mobility AG General Meeting Approves Capital Measures

On January 31, 2025, fox e-mobility AG held its Annual General Meeting, representing about 42.5% of its share capital. A 99.96% majority approved key financial decisions. A significant capital reduction was enacted, merging 100 shares into one. Additionally, capital increase efforts of up to 17 million euros were sanctioned.

Amendments to the Articles of Association were also approved, modifying the term of office and remuneration structure, alongside reducing the Supervisory Board members from four to three. The current CEO's term was extended to December 2025, securing 72% shareholder support.

Supervisory Board members from 2022 did not receive discharge, with Patrick Bigger, Attila Külkey, and Rene Peter re-elected for the term ending December 2025.

Two special audits related to 2022 were approved, addressing contribution agreement compliance and convertible bonds issuance.