SMT Scharf AG Shareholders Endorse Strategy 2026 and Elect New Supervisory Board Members at Annual General Meeting

SMT Scharf AG, a global leader in bespoke transport solutions for underground mining, held its 2026 Annual General Meeting in Hamm, Germany, on May 19, 2026, with 70.37% of the share capital represented. Shareholders overwhelmingly approved all proposed resolutions, including the release of the Managing Board and Supervisory Board from liability for the 2025 financial year, and confirmed the court-ordered appointment of Jian Liu and Hui Guo as new Supervisory Board members.

The meeting marked a pivotal moment for the company as the Managing Board detailed its Strategy 2026, a comprehensive transformation initiative launched in the first quarter of the year. The strategy aims to position SMT Scharf for sustainable, profitable growth through structural measures to improve efficiency and profitability, as well as product portfolio development. A key focus is the advancement of battery-powered transport systems for mining applications, which the company sees as a crucial technology for future markets.

Shareholders also heard a review of the company’s 2025 fiscal year performance and an overview of first-quarter 2026 results, along with expectations for the full year. The positive reception of the strategy underscores investor confidence in the company’s direction amid evolving industry demands.

In addition to strategic updates, the Annual General Meeting addressed governance changes. The appointment of Jian Liu and Hui Guo to the Supervisory Board, previously ordered by a court, was confirmed by shareholder vote. They join existing members Prof. Dr. Ferdinand Bernhard Mager, Dr. Lei Zhang, and Prof. Wei Luan to form a five-member board. Furthermore, Rodl Audit GmbH Wirtschaftsprufungsgesellschaft, Cologne branch, was appointed as auditor for the 2026 financial year.

The company’s focus on innovation and efficiency is critical as it navigates a shifting mining landscape. SMT Scharf’s development of battery-powered transport systems aligns with global trends toward electrification and sustainability in mining operations. The company’s product portfolio, which includes captivated railway systems for material and personnel transport with payloads up to 48 tonnes on gradients up to 35 degrees, as well as rubber-tyred diesel and electric vehicles, positions it to address both legacy and emerging customer needs.

Detailed voting results for all agenda items are available on SMT Scharf’s website at www.smtscharf.com in the Investor Relations section. The company’s ability to execute its strategy will be closely watched by stakeholders as it aims to secure its market position and drive long-term value.

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