PNE AG held its Annual General Meeting on May 19, 2026, where CEO Heiko Wuttke reported a successful 2025 financial year, emphasizing the company's profitability in its core business. The meeting saw shareholders approve key proposals, including a dividend of EUR 0.04 per share, the formal approval of management actions, and the election of new Supervisory Board members. The Board of Management and Supervisory Board's proposal to distribute a dividend was approved by a large majority, reflecting confidence in the company's financial health.
Shareholders elected Florian Schuhbauer, Alberto Donzelli, Dirk Simons, and Dr. Susanna Zapreva to the Supervisory Board. In a subsequent constituent meeting, the Supervisory Board elected Marcel Egger as its new Chairman, succeeding Dirk Simons, who was appointed as the new CFO of PNE AG effective May 20, 2026. This transition followed the departure of previous CFO Harald Wilbert, who stepped down for personal reasons at the end of the Annual General Meeting. The appointment of Simons is expected to bring continuity and strategic financial oversight to the company.
However, not all proposals succeeded; the creation of New Authorized Capital failed to achieve the required 75% majority. Despite this, the compensation report and the appointment of KPMG AG Wirtschaftsprufungsgesellschaft as auditor for 2026 were approved by large majorities.
CEO Wuttke noted challenges arising from the political framework, particularly regarding the Federal Government's grid package. While welcoming efforts to synchronize grid expansion, he warned that the redispatch proviso could risk slowing the expansion of renewable energy. PNE AG remains focused on navigating these challenges while building on its successful 2025 performance.
The Annual General Meeting was held virtually for the first time post-pandemic, allowing broader shareholder participation and reducing travel-related environmental impact. This move aligns with PNE's sustainability goals and enhances accessibility for investors unable to travel to Cuxhaven.
PNE AG, listed in the SDAX, has over 30 years of experience in developing onshore and offshore wind farms, photovoltaic projects, and battery storage solutions. The company's integrated approach covers all project phases, from site investigation to operation and repowering, positioning it as a Clean Energy Solutions Provider globally. For more details, see the original release.
