Mercedes-Benz Group AG Annual General Meeting: Orderly transition in times of transformation
-
Change of Chairman of the Supervisory Board: Dr. Martin Brudermüller succeeds Dr.
Bernd Pischetsrieder - New Supervisory Board member: Dr. Doris Höpke elected to Supervisory Board
- Dividend increased and share buyback policy announced:Dividend of €5.30 per share to be paid out and new share buyback policy initiated
- Shareholders approve: Actions of management and Supervisory Board ratified at end of Annual General Meeting
Dr.
Following his re-election to the Supervisory Board a year before the end of his term, Dr. Martin Brudermüller was elected to succeed
“Careers like Dr. Bernd Pischetsrieders are rare. He worked at the top of all the large German automotive companies and the
Since 2019,
“I am taking over as Chairman of the Supervisory Board at a time of fundamental change in the auto industry. I am an optimist by nature and I believe in the possibilities and abilities that lie within this company and its employees. What I bring to the table are enthusiasm and a willingness to listen; this is particularly important to me in regard to our workforce, as is steadfastness, even when things get difficult.“
Dr. Martin Brudermüller, Chairman of the Supervisory Board of
Dr. Doris Höpke, former member of the
In 2023
To keep shareholder returns attractive, the
"The efforts of the management and Supervisory Board are paying off: The company is well positioned. The product portfolio is strong and is becoming increasingly electric and digital. At the same time, the transformation of the company is being driven forward and the strategy is being implemented by a great team.”
Dr.
|
||||||||
Annual General Meeting of |
||||||||
Voting Results | ||||||||
Item 2 | Appropriation of distributable profit - accepted | |||||||
609.040.393 |
Casted valid votes (= 56,93 % of the share capital) | |||||||
608.530.695 |
Yes votes |
99,92 % |
||||||
509.698 |
No votes |
0,08 % |
||||||
440.209 |
Abstain votes | |||||||
Item 3 | Ratification of |
|||||||
570.338.430 |
Casted valid votes (= 53,31 % of the share capital) | |||||||
565.511.786 |
Yes votes |
99,15 % |
||||||
4.826.644 |
No votes |
0,85 % |
||||||
39.143.037 |
Abstain votes | |||||||
Item 4 | Ratification of Supervisory Board members’ actions in financial year 2023 - accepted | |||||||
594.998.587 |
Casted valid votes (= 55,62 % of the share capital) | |||||||
586.199.755 |
Yes votes |
98,52 % |
||||||
8.798.832 |
No votes |
1,48 % |
||||||
14.481.045 |
Abstain votes | |||||||
Item 5 | - accepted | |||||||
608.838.668 |
Casted valid votes (= 56,91 % of the share capital) | |||||||
606.982.724 |
Yes votes |
99,70 % |
||||||
1.855.944 |
No votes |
0,30 % |
||||||
641.226 |
Abstain votes | |||||||
Item 6a | Elections to the Supervisory Board a) Dr. Doris Höpke - accepted |
|||||||
607.083.006 |
Casted valid votes (= 56,75 % of the share capital) | |||||||
605.407.426 |
Yes votes |
99,72 % |
||||||
1.675.580 |
No votes |
0,28 % |
||||||
2.397.894 |
Abstain votes | |||||||
Item 6b | Elections to the Supervisory Board b) Dr. Martin Brudermüller - accepted |
|||||||
607.138.481 |
Casted valid votes (= 56,75 % of the share capital) | |||||||
590.685.885 |
Yes votes |
97,29 % |
||||||
16.452.596 |
No votes |
2,71 % |
||||||
2.340.055 |
Abstain votes | |||||||
Item 7 | Approval of the remuneration report for financial year 2023 - accepted | |||||||
603.205.391 |
Casted valid votes (= 56,38 % of the share capital) | |||||||
526.489.191 |
Yes votes |
87,28 % |
||||||
76.716.200 |
No votes |
12,72 % |
||||||
6.274.014 |
Abstain votes |
Further information on
media.mercedes-benz.com and group.mercedes-benz.com
Forward-looking statements:
This document contains forward-looking statements that reflect our current views about future events. The words “anticipate”, “assume”, “believe”, “estimate”, “expect”, “intend”, “may”, “can”, “could”, “plan”, “project”, “should” and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a negative change in market conditions in our most important markets; a deterioration of our refinancing possibilities on the credit and financial markets; events of force majeure including natural disasters, pandemics, acts of terrorism, political unrest, armed conflicts, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates, customs and foreign trade provisions; changes in laws, regulations and government policies (or changes in their interpretation), particularly those relating to vehicle emissions, fuel economy and safety or to ESG reporting (environmental, social or governance topics); price increases for fuel, raw materials or energy; disruption of production due to shortages of materials or energy, labour strikes or supplier insolvencies; a shift in consumer preferences towards smaller, lower-margin vehicles; a limited demand for all-electric vehicles; a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook for companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; the resolution of pending governmental investigations or of investigations requested by governments and the outcome of pending or threatened future legal proceedings; and other risks and uncertainties, some of which are described under the heading “Risk and Opportunity Report” in the current Annual Report or in this Interim Report. If any of these risks and uncertainties materializes or if the assumptions underlying any of our forward-looking statements prove to be incorrect, the actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the date of publication.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240508667168/en/
Willem Spelten, +49 151 58624395, willem.spelten@mercedes-benz.com
Source: