CEWE: Fourteenth dividend increase in a row

CEWE: Fourteenth dividend increase in a row

• Annual General Meeting approves dividend increase to EUR 2.45 per share
• Supervisory Board elected in rotation, approval for all agenda items

Oldenburg, June 7, 2023. The Annual General Meeting of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901), which was held as a physical shareholders' meeting for the first time in 4 years after the end of the Corona pandemic, today approved all items on the agenda. The dividend per share will rise to 2.45 euros (dividend in prior year: 2.35 euros). This gives the Company's shareholders the benefit of the fourteenth dividend increase in succession. The dividend yield (based on the 2022 year-end price of 88.70 euros) is 2.8%. "The 14th dividend increase in a row is a strong expression of earnings strength, continuity and reliability at the same time. With the excellent Q1 results, we are fully on track to achieve our targets for this year. In this way, we will continue to write the CEWE success story in 2023: with the customer at the center of all our activities, the constant flow of innovations, the expansion of our strong brands throughout Europe and the focus on sustainability - this is what we at CEWE are working on together as a team with all our employees," emphasizes Yvonne Rostock, Chairwoman of the Board of Management of CEWE Stiftung & Co. KGaA. As scheduled, the Annual General Meeting also elected a new Supervisory Board for a term of 5 years. In its subsequent constitutive meeting, the new Supervisory Board appointed Mr. Kersten Duwe as its Chairman. The Executive Board's AGM presentation and the detailed voting results for all items on the AGM agenda are available on the Company's website at https://ir.cewe.de/hv.

CEWE among the Top 3 dividend increasers

Since the first dividend distribution after the IPO in 1993, CEWE has been paying its shareholders a dividend without interruption - and after successfully coping with the analog/digital transformation this is now the fourteenth time in a row that the dividend has even increased. According to the recently published 'Dividend Study Germany 2023' by Dividenden Adel, isf Institut and the Deutsche Schutzvereinigung für Wertpapierbesitz DSW (German Association for the Protection of Securities Ownership), CEWE is thus among the top 3 out of all 644 German stock exchange companies that can show a dividend that has been increasing for so many years.

CEWE actively promotes the participation of its own employees in the company: Already today, a good eight out of ten CEWE employees hold company shares and thus participate in the good development of the company.

Should you have any queries, please contact:
CEWE Stiftung & Co. KGaA, Axel Weber (Investor Relations)
Tel.: 0441 / 404 - 552, Fax: 0441 / 404 - 421, Email: IR@cewe.de

Internet:  cewe.de , pixum.de , deindesign.de , whitewall.com , cheerz.com ,               

saxoprint.de, viaprinto.de , laser-line.de

The CEWE apps are all available in the app stores: CEWE PHOTO WORLD, CEWE POSTCARD and other photo apps, and the CEWE Investor Relations app for iPad© or android tablets, with annual reports and quarterly reports, presentations and sustainability reports.

You are welcome to join us at one of these investment conferences or to follow up on our pending publications:

Financial schedule

(insofar as already scheduled)

11.08.2023 Publication Interim Report H1 2023

19.09.2023 Berenberg & Goldman Sachs German Corporate Conference 2023, Munich

20.09.2023 Baader Investment Conference 2023, Munich

10.11.2023 Publication Interim Statement Q3 2023

28.11.2023 Deutsches Eigenkapitalforum 2023, Frankfurt

About CEWE:

The CEWE Group is Europe's leading photo service and online printing supplier.

From its beginnings in 1912, CEWE has progressed to become the leading photo service company for all those wanting to make more of their photos. This is mainly due to the much-awarded CEWE PHOTOBOOK, with about six million books being sold each year. Customers can purchase other personalised photo products under the brand names of CEWE, Pixum, WhiteWall and Cheerz – and from many leading retailers in Europe. They are inspired to produce a variety of creative designs from their personal photos in these brand environments, entrusting the company with more than 2 billion photos every year.

The CEWE Group has also set up a highly efficient production system for advertising prints and business prints for the online printing market. Every year billions of high-quality printed products are delivered reliably to their purchasers through the SAXOPRINT, LASERLINE and viaprinto sales platforms.

The CEWE Group, through the founder family of Neumüller as an anchor shareholder, focuses on sustainable corporate management and has already received many awards for this effort:  economically sustainable in the long term; cooperative and fair in dealings with customers, employees and suppliers; socially responsible and protective of the environment and resources. An example of this is the climate-neutral process used to produce all the CEWE brand-name products.

The CEWE Group has a staff of 4,000 employees and operates in 21 countries. CEWE is listed on the SDAX. More information is available at company.cewe.de.