• 23.02.2022, 07:01:45
  • /
  • EQS0002

EQS-AGM: PALFINGER AG: Invitation to the 34th Annual General Meeting

EQS-News: Palfinger AG / Announcement of the Convening of the General
   Meeting
   PALFINGER AG: Invitation to the 34th Annual General Meeting

   23.02.2022 / 07:00
   Announcement of the Convening of the General Meeting, transmitted by EQS -
   a service of EQS Group AG.
   The issuer is solely responsible for the content of this announcement.

   --------------------------------------------------------------------------

   PALFINGER AG
   Bergheim, FN 33393 h
   ISIN AT0000758305
   (the ''company'')

   Invitation to the 34th Annual General Meeting of
                                   PALFINGER AG
   to be held on Thursday, March 24, 2022, at 10:00 a.m., Vienna time

   Location of the Annual General Meeting
   as per Sec. 106 line 1 of the Stock Corporation Act
   is in 5020 Salzburg, Franz-Wolfram-Schererstraße 24,
   at a domestic branch of the Company

   I. TO BE HELD AS A VIRTUAL ANNUAL GENERAL MEETING

   1. Company Law COVID 19 Act (Gesellschaftsrechtliches COVID-19-Gesetz
   (COVID-19-GesG)) and Company Law COVID 19 Regulation
   (Gesellschaftsrechtliche COVID-19-Verordnung (COVID-19-GesV)).

   Due to the current situation regarding the pandemic, the Executive Board
   decided to utilize the legal provisions authorizing a virtual Annual
   General Meeting to protect the shareholders and the other participants.

   The Annual General Meeting of PALFINGER AG on March 24, 2022 will be held
   on the basis of section 1 para 2 of the Company Law COVID 19 Act,
   (Bundesgesetzblatt) BGBl. I No. 16/2020, as amended by BGBl. I No.
   246/2021, and the Company Law COVID 19 Regulation (BGBl. II No. 140/2020,
   as amended by BGBl. II No. 609/2021), taking into account the interests of
   both the Company and the participants, as a ''virtual Annual General
   Meeting''.

   This means that, according to the resolution of the Executive Board,
   shareholders and their representatives (with the exception of the special
   proxies in accordance with Sec. 3 (4) Company Law COVID-19 Regulation)
   cannot be physically present at the Annual General Meeting of PALFINGER AG
   on March 24, 2022.

   The virtual Annual General Meeting will be held at 5020 Salzburg,
   Franz-Wolfram-Schererstraße 24, in the physical presence of the Chair of
   the Supervisory Board, the Vice-Chair of the Supervisory Board, the Chair
   of the Executive Board and the other members of the Executive Board, the
   recording notary public, and the four special proxy holders suggested by
   the company.

   The conduct of the Annual General Meeting as a virtual Annual General
   Meeting in accordance with the Company Law COVID 19 Regulation will
   require modification of the procedure for holding the Annual General
   Meeting and exercising shareholder rights.

   The only way to exercise voting rights, propose a resolution, and raise
   objections is to one of the special proxy holders proposed by the company
   in accordance with Sec. 3 para. 4 of the Company Law COVID 19 Regulation.

   The shareholders themselves can exercise their rights to obtain
   information during the virtual Annual General Meeting by utilizing
   electronic communication, i.e. by submitting questions in text form
   exclusively by e-mail directly to the company's e-mail address
   fragen.palfinger@hauptversammlung.at, provided that the shareholders have
   submitted a deposit confirmation in accordance with Sec. 10a of the Stock
   Corporation Act in due time in accordance with Item IV and have authorized
   a special proxy holder in accordance with Item V.

   2. Transmission of the Annual General Meeting on the Internet
   In accordance with Sec. 3 para. 1, 2 and 4 of the Company Law COVID-19
   Regulation in conjunction with Sec. 102 para. 4 of the Austrian Stock
   Corporation Act (AktG), the entire Annual General Meeting will be
   transmitted on the Internet in real time in audio/visual format.

   This is permissible under data protection law on the legal basis of Sec. 3
   para. 1, 2, and 4 of the Company Law COVID-19 Regulation.

   All company shareholders can take part in the virtual Annual General
   Meeting on March 24, 2022, starting at approximately 10:00 a.m. Vienna
   time, by using suitable technical aids (e.g., PC, laptop, tablet or
   smartphone, as well as an Internet connection with sufficient bandwidth
   for streaming videos) on the Internet at www.palfinger.ag . No
   registration or login is required to watch the Annual General Meeting.

   The transmission of the company's virtual Annual General Meeting on the
   Internet will enable all shareholders to follow the course of the Annual
   General Meeting, in particular the Executive Board's presentation, the
   answers to the shareholders' questions and the voting procedure in real
   time via this one-way audio/visual connection.

   It should be noted that this live transmission as a virtual Annual General
   Meeting does not permit remote participation (Sec. 102 para. 3 no. 2 of
   the Stock Corporation Act) or remote voting (Sec. 102 para. 3 no. 3 and
   Sec. 126 of the Stock Corporation Act) and that the Internet transmission
   is not a two-way connection. The individual shareholders can therefore
   only follow the course of the Annual General Meeting. Shareholders are
   therefore not able to make a request to speak using this link.

   It should also be noted that the company is only responsible for the use
   of technical means of communication to the extent that such means of
   communication are attributable to the company's sphere (Sec. 2 para. 6
   Company Law COVID-19 Regulation).

   In other respects, please see the information regarding the organizational
   and technical prerequisites for participation under Sec. 3 para. 3 in
   conjunction with Sec. 2 para. 4 of the Company Law COVID 19 Regulation
   (''Information on Participation'').

   II. AGENDA

   1.  Presentation of the financial statements, including the management
   report and the corporate governance report, the consolidated financial
   statements, including the consolidated management report, the proposal for
   the appropriation of profits and the report of the Supervisory Board for
   the fiscal year 2021

   2. Resolution on the distribution of the net profit for the year

   3. Resolution to ratify the actions of the members of the Executive Board
   in the fiscal year 2021

   4. Resolution to ratify the actions of the members of the Supervisory
   Board in the fiscal year 2021

   5. Selection of the independent auditor for the financial statements and
   consolidated financial statements for the fiscal year 2022

   6. Election to the Supervisory Board

   7. Resolution on the remuneration report

   III. DOCUMENTS FOR THE ANNUAL GENERAL MEETING; PROVIDING INFORMATION ON
   THE WEBSITE

   In accordance with Sec. 108 para. 3 and 4 of the Stock Corporation Act,
   the following documents will be available on the company's website,
   www.palfinger.ag, no later than March 03, 2022:

   - Information on Participation: information on the organizational and
   technical prerequisites for participation in accordance with Sec. 3 para.
   3 in conjunction with Sec. 2 para. 4 of the Company Law COVID 19
   Regulation,

   - Annual Report 2021, including

       *Consolidated financial statements, including Group management report
   and

       *Corporate governance report

   - Annual financial report, including

       *Annual financial statements, including Management report,

   - Proposal for the appropriation of profits,

   - Report of the Supervisory Board in accordance with Sec. 96 of the Stock
   Corporation Act,

   - Remuneration report,

   - Proposed resolutions of the Executive Board and the Supervisory Board
   including Remuneration report,

   - Declaration of the candidate TOP 6 - Mag. Hannes Bogner in accordance
   with Sec. 87 para. 2 of the Stock Corporation Act

   - Curriculum Vitae - Mag. Hannes Bogner,

   - proxy form for the special proxy holders in accordance with Sec. 3 para.
   4 of the Company Law COVID 19 Regulation,

   - question form,

   - form for revoking a proxy,

   - invitation to the Annual General Meeting.

   IV. RECORD DATE AND PREREQUISITES FOR ATTENDING THE ANNUAL GENERAL MEETING

   The shareholders' rights to attend the virtual Annual General Meeting and
   to exercise their voting rights and the other shareholders' rights to be
   asserted in the course of the virtual Annual General Meeting held in
   accordance with the Company Law COVID 19 Act and the Company Law COVID 19
   Regulation are governed by their shareholdings as of the close of March
   14, 2022 (24.00, Vienna time) (record date).

   Only persons who are shareholders on the record date and who provide
   evidence thereof to the company are entitled to attend and exercise their
   shareholder rights at the virtual Annual General Meeting held in
   accordance with the Company Law COVID 19 Act and the Company Law COVID 19
   Regulation.

   A deposit receipt in accordance with Sec. 10a of the Stock Corporation Act
   must be submitted to provide evidence of the shareholder's shareholding on
   the record date, which is to be delivered to the company no later than
   March 21, 2022 (24.00, Vienna time) exclusively via one of the
   communication channels and corresponding addresses indicated below:

   (i)     for submission of the deposit receipt in text form, as is
   sufficient under art. 18 para.
          2 of the Articles of Association
   by telefax                      +43 1 8900 500-78
   by e-mail                      anmeldung.palfinger@hauptversammlung.at
                                        (please attach deposit receipt in PDF
   format)
   (ii)    for submission of the deposit receipt in written form
   by post or courier          PALFINGER AG
                                         c/o HV-Veranstaltungsservice GmbH
                                         8242 St. Lorenzen am Wechsel, Köppel
   60
   by SWIFT                     GIBAATWGGMS
                                        (message type MT598 or MT599,
                                        always state ISIN AT0000758305 in the
   text)

   A special proxy holder cannot be validly appointed or shareholders
   exercise their right to information without the deposit receipt being
   received by the company in due time.

   Shareholders are requested to contact their custodian banks and make
   arrangements for the issue and transfer of a deposit receipt.

   The record date has no effect on the shareholder's right to sell the
   shares and no relevance for any dividend entitlements.

   Deposit receipt in accordance with Sec. 10a of the Stock Corporation Act
   The deposit receipt is to be issued by the relevant custodian bank with
   its headquarters in a member state of the European Economic Area or in a
   full member state of the OECD and must include the following information
   (Sec. 10a para. 2 of the Stock Corporation Act):

   - information on the issuer: name/company name and address or any code
   that is customarily used among credit institutions (SWIFT),

   - information on the shareholder: name/company name, address, date of
   birth in the case of natural persons, or, if applicable, register and
   registration number in the case of legal entities

   - information on the shares: number of ISIN AT0000758305 shares held by
   the shareholder (commonly used international securities identification
   number)

   - custody account number, securities identification number or other
   designation

   - date or time period to which the deposit receipt refers

   The deposit receipt used as evidence of the shareholding entitling the
   shareholder to attend the Annual General Meeting must refer to the close
   of the record date March 14, 2022 (24.00, Vienna time).
   A deposit receipt in the German or English language will be accepted.

   V. APPOINTMENT OF A SPECIAL PROXY HOLDER AND THE PROCEDURE TO BE FOLLOWED

   Each shareholder who is entitled to attend the virtual Annual General
   Meeting held in accordance with the Company Law COVID 19 Act and the
   Company Law COVID 19 Regulation and has submitted proof thereof to the
   company pursuant to the specifications in Item IV of this Invitation is
   entitled to appoint a special proxy holder.

   Under Sec. 3 para. 4 of the Company Law COVID 19 Regulation, a shareholder
   can only propose a resolution, cast a vote, or raise an objection at the
   virtual Annual General Meeting of PALFINGER AG on March 24, 2022 through a
   special proxy holder, the costs of which are borne by the company.

   The following persons, who are suitable and independent of the company,
   are proposed as special proxy holders:

   (i) Attorney Dr Christoph Nauer LL.M.
   p. Adr. bpv Hügel Rechtsanwälte GmbH
   Enzersdorferstraße 4
   2340 Mödling
   nauer.palfinger@hauptversammlung.at

   (ii) Attorney Dr. Christian Temmel MBA
   p. Adr. DLA Piper Weiss-Tessbach Rechtsanwälte GmbH
   Schottenring 14
   1010 Vienna
   temmel.palfinger@hauptversammlung.at

   (iii) Dr. Michael Knap
   p. Adr. IVA Interessenverband für Anleger
   Feldmühlgasse 22
   1130 Vienna
   knap.palfinger@hauptversammlung.at

   (iv) MMag. Thomas Niss, MBA
   p. Adr. Coown Technologies GmbH
   Gußhausstraße 3/2a
   1040 Vienna
   niss.palfinger@hauptversammlung.at

   Any shareholder can select one of the four aforementioned persons as their
   special proxy holder and grant this person a proxy.

   The granting of a power of attorney to another person is not permissible
   in accordance with Sec. 3 para 4 COVID-19-GesV.

   A special proxy form will be available for this purpose on the Company's
   website at www.palfinger.ag by March 03, 2022 at the latest. We ask you to
   use this form.

   The specifications set forth in the Information on Participation document
   regarding the granting of proxies, the delivery options, and the deadlines
   must be followed.

   The proxy expressly may not be delivered in person at the meeting site.

   VI. INFORMATION ON SHAREHOLDERS' RIGHTS UNDER SECS. 109, 110, 118 AND 119
   OF THE STOCK CORPORATION ACT

   1. Additions to the agenda by shareholders pursuant to Sec. 109 of the
   Stock Corporation Act
   Shareholders who individually or jointly hold 5 percent of the share
   capital and who have been the holders of these shares for at least three
   months prior to making such request are entitled to submit a written
   request that additional items be put on the agenda of this Annual General
   Meeting and be published, provided that such written request is delivered
   to the company no later than March 03, 2022 (24.00, Vienna time)
   exclusively to the address: 5101 Bergheim bei Salzburg, Lamprechtshausener
   Bundesstrasse 8, Investor Relations Department, attn. Mr. Hannes Roither,
   or if received by e-mail, with an approved electronic signature to the
   e-mail address h.roither@palfinger.com or by SWIFT to the address
   GIBAATWGGMS. ''Written'' means signed by hand or in the company name of
   the shareholder submitting the request, if by email, by qualified
   electronic signature or, if by SWIFT, by message type MT598 or MT599, and
   it is essential that ISIN AT0000758305 is mentioned in the text.
   Shareholders must also include proposed resolutions regarding each item on
   the agenda so requested, including a statement of grounds. The agenda item
   and the proposed resolution, but not the statement of grounds, must also
   be written in the German language. A deposit receipt pursuant to Sec. 10a
   of the Stock Corporation Act, stating that the shareholders making such
   requests have held their shares for at least three months prior to making
   such requests, must be submitted to evidence shareholder status; this
   certificate may be no more than seven days old at the time of submission
   to the company. Multiple deposit receipts for shares that only meet the 5
   percent shareholding requirement when aggregated must refer to the same
   time (date and time of day).

   As regards the other requirements for the deposit receipt, please refer to
   the information on the right to attend the Annual General Meeting (Item IV
   of this Invitation).

   2. Resolutions proposed by shareholders for inclusion on the agenda
   pursuant to Sec. 110 of the Stock Corporation Act
   Shareholders jointly holding at least 1 percent of the share capital are
   entitled to submit proposed resolutions on any item of the agenda,
   including a statement of grounds, in text form and to demand that such
   proposals, including the names of the respective shareholders, the
   statement of grounds and any statements made by the Executive Board or the
   Supervisory Board be made available on the company website recorded in the
   commercial register, if this request is delivered to the company in text
   form no later than March 15, 2022 (24.00, Vienna time) either by telefax
   to +43 662 2281-81070 or to 5101 Bergheim bei Salzburg, Lamprechtshausener
   Bundesstrasse 8, Investor Relations Department, attn. Mr Hannes Roither,
   or by e-mail to h.roither@palfinger.com, in which case the request must be
   attached to the e-mail in text form, e.g. as a PDF file. If text form
   within the meaning of sec. 13 para. 2 of the Stock Corporation Act is
   prescribed for declarations, the declaration must be given in a document
   or in some other manner suitable for permanent reproduction in writing,
   the identity of the declarant must be given and the conclusion of the
   declaration must be made recognizable by reproduction of the signature or
   otherwise. The proposed resolution, but not the statement of grounds, must
   also be written in the German language.

   In case of a proposal requesting the election of a Supervisory Board
   member, the statement of grounds is to be replaced by a candidate
   statement pursuant to Sec. 87 para. 2 of the Stock Corporation Act.

   Shareholder status must be proven by submitting a deposit receipt in
   accordance with Sec. 10a of the Stock Corporation Act, which may not be
   older than seven days at the time of submission to the company. Multiple
   deposit receipts for shares that only meet the 1 percent shareholding
   requirement when aggregated must refer to the same time (date and time of
   day).

   As regards the other requirements for the deposit receipt, please refer to
   the information on the right to attend the Annual General Meeting (Item IV
   of this Invitation).

   3. Information pursuant to Sec. 110 para. 2 sentence 2 in conjunction with
   Sec. 86 paras. 7 and 9 of the Stock Corporation Act
   The company hereby provides the following information regarding agenda
   Item 6. ''Election to the Supervisory Board'' and the potential submission
   of proposed nominations by shareholders in accordance with Sec. 110 of the
   Stock Corporation Act:

   Sec. 86 para. 7 of the Stock Corporation applies to PALFINGER AG.

   The Supervisory Board of PALFINGER AG currently consists of seven members
   elected by the Annual General Meeting (shareholder representatives) and
   three members delegated by the works council in accordance with Sec. 110
   of the Austrian Labor Constitution Act (ArbVG). Of the seven shareholder
   representatives, there are four men and three women. The employee
   representatives are three men.

   It is noted that the majority of the shareholder representatives has filed
   an objection in accordance with Sec. 86 para. 9 of the Stock Corporation
   Act. Therefore, there must be separate compliance with the minimum quota
   requirement under Sec. 86 para. 7 of the Stock Corporation Act.

   Item 10.1 of the Articles of Association of PALFINGER AG provides that the
   Supervisory Board shall consist of four to eight members elected by the
   Annual General Meeting.

   4. Shareholders' right to be informed - Sec. 118 of the Stock Corporation
   Act
   At the Annual General Meeting, each shareholder has the right to be
   informed about any matters pertaining to the company if so requested,
   provided that such information is necessary for formulating a proper
   assessment regarding a particular agenda item. The right to be informed
   also extends to the company's legal relationships with any affiliated
   company as well as to the situation of the Group and of any companies
   included in the consolidated financial statements.
   The company may refuse to supply such information if, according to sound
   business judgment, it could be seriously prejudicial to the company or one
   of its affiliated companies or if providing such information would
   constitute a criminal offense.
   The prerequisite for exercising the shareholder's right to be informed is
   proof of entitlement to participate in the meeting in accordance with Item
   IV of this Invitation and the granting of an appropriate proxy to the
   special proxy holder in accordance with Item V of this Invitation.

   It is expressly noted that the right to information and the right to speak
   during this virtual Annual General Meeting can only be exercised by the
   shareholders themselves in the form of electronic communication by
   e-mailing questions and or their speech directly to the company at
   fragen.palfinger@hauptversammlung.at.

   Shareholders are requested to e-mail all questions in text form in advance
   to the following address: fragen.palfinger@hauptversammlung.at in due
   time, so that they are received by the company no later than the 3rd
   working day before the Annual General Meeting, which is March 21, 2022.
   This is intended to keep the content of the meeting as concise as possible
   in the interest of all participants in the Annual General Meeting,
   especially regarding questions that may require a longer preparation time.

   This will enable the company to prepare as carefully as possible and to
   quickly respond to your questions.

   Please use the question form, which is available on the company's website
   at www.palfinger.ag. If this question form is not used, the person
   (name/company name, date of birth/company register number of the
   shareholder) must be named in the corresponding e-mail. In order to enable
   the company to establish the identity and correlation with the deposit
   receipt, we ask you to please include your custody account number in the
   e-mail.

   Please note that the Chair can establish reasonable time limits during the
   Annual General Meeting.

   The document containing Information on Participation has additional
   information and describes the methods of exercising the shareholder's
   right to information under Sec. 118 of the Stock Corporation Act.

   5. Motions made by shareholders at the Annual General Meeting pursuant to
   Sec. 119 of the Stock Corporation Act
   Irrespective of their shareholdings in the company, every shareholder has
   the right to make motions regarding each item on the agenda through their
   special proxy holder at the virtual Annual General Meeting held in
   accordance with the Company Law COVID 19 Act and the Company Law COVID 19
   Regulation.

   However, motions may only be transmitted to the proxy holder authorized by
   the respective shareholder, and then submitted by the proxy holder at the
   Annual General Meeting.

   The point in time up to which instructions for the submission of motions
   to the special proxy holder are possible will be determined by the Chair
   in the course of the virtual Annual General Meeting.

   The prerequisite for this is proof of entitlement to participate in the
   meeting in accordance with Item IV of this Invitation and the granting of
   an appropriate proxy to the special proxy holder in accordance with Item V
   of this Invitation.

   A shareholder's proposal for the election of a Supervisory Board Member,
   however, is contingent upon the timely submission of a resolution proposal
   pursuant to Sec. 110 of the Stock Corporation Act: candidates for election
   to the Supervisory Board (agenda Item 6) may only be proposed by
   shareholders who jointly hold 1 percent of the share capital. Such
   nominations must be received by the company in the manner indicated above
   (Item VI para. 2) no later than March 15, 2022. Each nomination must be
   accompanied by a declaration pursuant to Sec. 87 para. 2 of the Stock
   Corporation Act by the nominated person regarding their professional
   qualifications, their professional or comparable roles, as well as any
   circumstances that could raise concerns regarding partiality.

   Failing this, the respective shareholder nomination of a candidate for the
   Supervisory Board cannot be included in the vote.

   The document containing Information on Participation has additional
   information and describes the methods of exercising the shareholder's
   right to make motions in accordance with Sec. 119 of the Stock Corporation
   Act.

   6. Information for shareholders regarding data protection
   PALFINGER AG processes the personal data of its shareholders (including,
   but not limited to, those pursuant to Sec. 10a para. 2 of the Stock
   Corporation Act, i.e. name, address, date of birth, securities account
   number, number of shares held by the shareholder, voting card number and,
   where applicable, name and date of birth of the proxy or proxies) on the
   basis of the applicable data privacy provisions, including, without being
   limited to, the EU General Data Protection Regulation (GDPR) and the
   Austrian Data Protection Act, to enable the shareholders to exercise their
   rights at the Annual General Meeting.

   The processing of the personal data of shareholders is an unconditional
   requirement for the attendance of the shareholders and their
   representatives at the Annual General Meeting in accordance with the Stock
   Corporation Act. Consequently, Article 6(1)c) of the GDPR provides the
   legal basis for data processing.

   The controller responsible for the processing is PALFINGER AG. PALFINGER
   AG uses external service providers, such as notaries public,
   attorneys-at-law, banks and IT service providers for the purposes of
   organizing the AGM. PALFINGER AG only provides them with the personal data
   needed to implement the services entrusted to them, and they will process
   such data exclusively in accordance with the instructions of PALFINGER AG.
   PALFINGER AG has entered into a data privacy agreement with these service
   providers to the extent required by law.

   If a shareholder attends the AGM, all shareholders present or their
   representatives, the members of the Executive Board and of the Supervisory
   Board, the notary public and all other persons with a statutory right to
   attend are entitled to inspect the list of participants, which must be
   kept by law (Sec. 117 of the Stock Corporation Act), and are therefore
   also entitled to access the personal data listed therein (including name,
   residence, shareholding). Furthermore, PALFINGER AG is under a legal
   obligation to submit personal shareholder data (including the list of
   participants) to the commercial register as part of the notarized minutes
   (Sec. 120 of the Stock Corporation Act).

   The shareholders' data are anonymized or deleted as soon as they are no
   longer necessary for the purposes for which they were collected and/or
   processed, unless other statutory obligations require the continued
   storage of such data. Duties of documentation and retention result
   primarily from corporate law, stock corporation law and acquisition law,
   as well as from the laws on taxes and duties and the anti-money-laundering
   regulations. Should shareholders assert legal claims against PALFINGER AG
   or should PALFINGER AG assert legal claims against shareholders, the
   storage of personal data serves the purpose of clarifying and enforcing
   such claims on a case-by-case basis. In the context of legal proceedings
   before civil courts, this might result in the data being stored during the
   period of limitation, in addition to the duration of the legal proceedings
   until these have been concluded with final effect.

   Each shareholder has a right of access, rectification, erasure,
   restriction of processing, and objection regarding their personal data, as
   well as a right to data portability as described in Article III of the
   GDPR, all of which may be exercised at any time. Shareholders may exercise
   these rights free of charge by sending an e-mail to PALFINGER AG at
   datenschutz@palfinger.com or by post at the following address:

   PALFINGER AG
   5101 Bergheim bei Salzburg, Lamprechtshausener Bundesstraße 8
   Telefax: +43 662 2281-81070

   Moreover, shareholders have the right to lodge a complaint with the data
   protection authority in accordance with Article 77 of the GDPR.

   More information on data privacy, including a request for information form
   and a data protection statement, are available at the company's website,
   [1]www.palfinger.ag.

   VII. FURTHER DISCLOSURES AND INFORMATION

   1. Total number of shares and voting rights

   As of the date of the Invitation to the virtual Annual General Meeting,
   the company's share capital is EUR 37,593,258 and is divided into
   37,593,258 no-par-value shares. Each share entitles its holder to one vote
   at the virtual Annual General Meeting.

   Hence, as of the date of this Invitation to the virtual Annual General
   Meeting, the total number of voting rights amounts to 37,593,258. As of
   the date of this Invitation to the Annual General Meeting, the company
   holds no treasury shares, either directly or indirectly.

   There is only one class of shares.

   2. No physical presence

   We again expressly note that neither shareholders nor guests will be
   admitted to the building where the upcoming Annual General Meeting will be
   held during the Annual General Meeting, which will be conducted as a
   virtual Annual General Meeting in accordance with the Company Law COVID 19
   Regulation.

   Bergheim, February 2022
   The Executive Board

   --------------------------------------------------------------------------

   23.02.2022

   --------------------------------------------------------------------------

   Language: English
   Company:  Palfinger AG
             Lamprechtshausener Bundesstraße 8
             5020 Salzburg
             Austria
   Phone:    +43 (0)662/2281-81101
   Fax:      +43 (0)662/2281-81070
   E-mail:   ir@palfinger.com
   Internet: www.palfinger.ag
   ISIN:     AT0000758305
   Listed:   Vienna Stock Exchange (Official Market)


    
   End of News EQS News Service


   1285559  23.02.2022 


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