Recent Updates
Recently added Catalysts
FMS Positive Sentiment Score: 78/100

Christine Peters T +49 160 60 66 770 christine.peters@freseniusmedicalcare.com Contact for Analysts and Investors Dr. Dominik Heger T +49 6172 609 2601 dominik.heger@freseniusmedicalcare.com w

Key Takeaway: Fresenius Medical Care held its Annual General Meeting, highlighting positive advancements in its transformation strategy and confirming ambitious growth targets for 2024. The company reported robust growth in both top and bottom lines for 2023, surpassing its expectations. Shareholders approved a 6% increase in dividends and endorsed the new management's compensation system. CEO Helen Giza emphasized the focus on disciplined execution and building momentum moving into 2024, underlining the importance of high-quality patient care.

Market Sentiment Analysis

POSITIVE FACTORS

  • Fresenius Medical Care is making significant progress with its transformation efforts.
  • The company exceeded its operating income outlook for 2023.
  • A significant majority of shareholders approved a dividend increase of 6%.
  • The new management team is equipped to drive value creation and support patient care.

Full Press Release Details

Press Release Media Contact Christine Peters T +49 160 60 66 770 christine.peters@freseniusmedicalcare.com
Contact for Analysts and Investors Dr. Dominik Heger T +49 6172 609 2601 dominik.heger@freseniusmedicalcare.com
www.freseniusmedicalcare.com/de
Fresenius Medical Care Annual General Meeting: Company makes significant
progress in its Transformation Efforts and confirms its ambitious 2024 Growth Targets
Bad Homburg (May 16,
2024) Fresenius Medical Care (FME), the global leader in providing products and services
for people with kidney diseases, is executing its strategic turnaround plan and is well on track to achieve its goals for 2024.
At today's Annual General Meeting,
Michael Sen, Chairman of the Supervisory Board of Fresenius Medical Care AG, said: "Fresenius Medical Care has made significant
progress in 2023. The consistent implementation of the transformation program is beginning to pay off. The deconsolidation and the independence
are providing Fresenius Medical Care with everything it needs to further strengthen its position in the dialysis market and to realize
its full potential."
Michael Sen added: "On
behalf of the Supervisory Board, I would like to thank the members of the Management Board under the leadership of CEO Helen Giza
for their trusting cooperation and very good performance in the past financial year. The newly composed management team has the necessary
expertise, energy, and experience to take the company forward in the interests of patients, employees, and shareholders."
CEO of Fresenius Medical Care AG, said: "For 2023, we delivered top- and bottom-line growth, and exceeded our operating income
outlook that we raised twice. Our FME25 transformation program is ahead of schedule and our portfolio optimization program is well underway.
All our achievements mark a highly successful conclusion to an exceptional year of transformation and turnaround efforts."
to 2024, this year is being spent in singular focus on disciplined execution and value creation. While 2023 was a year of level-setting,
2024 is one of momentum-building," said Giza. The CEO thanked employees for their dedication and commitment to ensuring high-quality
care for patients worldwide.
A significant majority of 96.97
percent of shareholders approved the dividend proposal for fiscal year 2023 of 1.19 euros, representing an increase of around 6 percent
compared to the previous year (2022: 1.12 euros). The proposal aligns with the dividend policy of the company to adjust payouts according
to Group net income development (excluding special items).
The shareholders also approved,
with a majority of 87.58 percent, the new Management Board's compensation system.
With a majority of 99.49 percent,
the shareholders also approved the update to the Supervisory Board's remuneration.
The Management Board and the
Supervisory Board were discharged for the year 2023 with majorities of 98.71 percent and 98.42 percent, respectively.
At the Annual General Meeting,
88.39 percent of the share capital was represented.
About Fresenius Medical Care:
Medical Care is the world's leading provider of products and services for people with kidney diseases, of whom approximately 4.1 million
patients worldwide receive regular dialysis treatment. Through its network of 3,862 dialysis centers, Fresenius Medical Care provides
dialysis treatment for approximately 325,000 patients worldwide and is the leading provider of dialysis products such as dialysis machines
and dialyzers. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and the New York Stock Exchange (FMS).
For further information, please
This communication contains
forward-looking statements, which are subject to various risks and uncertainties. Future results may differ significantly from the currently
expected results due to various factors such as changes in the business, economic, and competitive situation, changes in laws, regulatory
approvals, the impact of the Covid-19 pandemic, results of clinical studies, exchange rate fluctuations, uncertainties regarding litigation
or investigative proceedings, and the availability of financial resources. These and other risks and uncertainties are described in detail
in the reports of Fresenius Medical Care AG filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care AG assumes
no obligation to update the forward-looking statements contained in this communication.

Frequently Asked Questions

What is Fresenius Medical Care's growth target for 2024?

Fresenius Medical Care is focused on achieving ambitious growth targets in 2024.

How much was the dividend for fiscal year 2023?

The dividend for fiscal year 2023 was set at 1.19 euros per share.

Who is the CEO of Fresenius Medical Care?

Helen Giza is the CEO of Fresenius Medical Care AG.

What percentage of shareholders approved the new compensation system?

87.58 percent of shareholders approved the new Management Board's compensation system.

How many dialysis centers does Fresenius Medical Care operate?

Fresenius Medical Care operates 3,862 dialysis centers worldwide.

Last updated: May 16, 2024