EXTRAORDINARY GENERAL MEETING ON SEPTEMBER 8, 2020 FOR THE...

EXTRAORDINARY GENERAL MEETING ON SEPTEMBER 8, 2020 FOR THE PURPOSE OF EXTENDING THE CAPITAL INCREASE RESOLUTION
Altech Advanced Materials AG (“AAM / the company”) (pta021 / 08/13/2020 / 1:10 p.m.) (FRA: AMA1) invites you to the Extraordinary General Meeting on September 8, 2020 at 3:00 p.m. in your business premises. The most important point is the extension of the deadline for implementing the capital increase resolution from March 12, 2020, which will expire on September 11, 2020. The deadline is to be extended by three months to December 11, 2020. This happens against the background that, due to the COVID-19 pandemic, the Federal Agency addressed potential investors in the period from March 12, 2020 or from the approval of the necessary securities prospectus for financial services supervision ("BaFin") on May 19, 2020, however, made considerably more difficult. The management is of the opinion that as a result there is not enough time to be able to effectively place the shares.
Furthermore, the company would like to have Mr. Nikolaus Graf Lambsdorff elected to the Supervisory Board at this Annual General Meeting. This takes place against the background that Mr. Gerrit Kaufhold resigned from his position on the Supervisory Board at the end of the next Annual General Meeting. Mr. Kaufhold resigned from office to enable the election of Mr. Nikolaus Graf Lambsdorff to the supervisory board. We thank Mr. Kaufhold for the good cooperation.
The Management Board is convinced that the company's already high-profile Supervisory Board will be further strengthened by the addition of Nikolaus Graf Lambsdorff. Count Lambsdorff worked for the Foreign Office of the Federal Republic of Germany for over 20 years. Most recently he was ambassador to Kuala Lumpur, Malaysia. Prior to this, he was Consul General in Hong Kong and Macau. Graf Lambsdorff has extensive experience and an excellent economic and political network in Germany and South-East Asia. He can therefore provide excellent support both in setting up Altech's HPA operation in Malaysia and in dealing with the public sector with regard to potential subsidies.
Mr. Graf Lambsdorff studied German, political science and economics at the University of Hamburg and completed a diplomatic course at the Federal Foreign Office of the Federal Republic of Germany.