Quadpack Industries SA

AGM Information • Jul 19, 2024

RELEVANT EVENT

19 July 2024 For immediate release

• Annual general meeting held in Barcelona, Spain, on 18 July 2024
• Audited annual accounts for year ended 31 January 2024 approved
• Consolidated financial statements approved
• Distribution of results approved
• Remuneration of the members of the Board of Directors ratified
• Rationale of PSB Industries / Texen combination explained

Quadpack Industries (Euronext Growth: ALQP), manufacturer and provider of packaging solutions to the global beauty industry, held its annual general meeting on 18 July 2024 at the Hotel Porta Fira in L'Hospitalet, Spain. The meeting was presided by Chairman of the Board Tim Eaves and attended by the Board, with shareholders holding over 93.09 per cent of the voting share capital represented in person and by delegation.

Shareholders unanimously approved all resolutions presented. The audited annual accounts and consolidated financial statements for the year ended 31 January 2024 were approved. No dividends were declared. The remuneration of the members of the Board of Directors was also ratified.

CEO Alexandra Chauvigné reviewed the year's performance, steady and robust, reflecting a period of market normalisation. She also explained the business rationale behind the combination of Quadpack with PSB Industries. Vice President Steven Lewis described the shareholders on the process of the transaction.

The market will be kept informed of the progress of discussions between Quadpack and PSB Industries, and further announcements will be made in due course, as appropriate.

–ENDS–

Contact details

Email: investorrelations@quadpack.com

Further information

www.quadpack.com

Legal notice

This document contains forward-looking statements about Quadpack's business, financial data, and events related to the company's prospects. These forecasts can be identified by the use of words such as 'estimated', 'plan', 'expectation' or words with a similar meaning. Quadpack may also make projections in other reports, presentations and press releases. Furthermore, the company's representatives may occasionally make forward-looking statements. These projections are based on current expectations and on certain hypotheses, many of which are beyond the company's control and subject to a series of risks and uncertainties. In the event that any of these risks or uncertainties should materialise or the underlying expectations are not fulfilled, the results or performance of Quadpack may differ (either positively or negatively) from those explicitly or implicitly forecast. Quadpack assumes no obligation to update or revise any forward-looking statements made previously.