DGAP-News: FUCHS virtual Annual General Meeting 2020 - All agenda items approved by a large majority
DGAP-News: FUCHS PETROLUB SE
/ Key word(s): AGM/EGM
FUCHS virtual Annual General Meeting 2020 - All agenda items approved by a large majority - 18th consecutive dividend increase to EUR 0.97 per preference share and EUR 0.96 per ordinary share At the FUCHS PETROLUB SE virtual Annual General Meeting 2020, which took place today, the FUCHS shareholders approved all the agenda items by a large majority. 99.99% voted in favor of the proposed dividend payment of EUR 0.97 per preference share and EUR 0.96 per ordinary share. This corresponds to an increase of 2 cents per share compared to the previous financial year. The actions of the Executive Board and the Supervisory Board were approved by 99.99% and 99.96%, respectively. 99.99% of shareholders also accepted the proposal to appoint PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, as auditor of the annual financial statements and auditor of the consolidated annual financial statements for the 2020 financial year. In addition, the proposal regarding the remuneration of the Supervisory Board of FUCHS PETROLUB SE was approved by 85.67%, while the remuneration system for the members of the Executive Board was approved by 86.39%. The Nomination Committee's proposals for filling Supervisory Board positions were followed by the shareholders with a large majority. The shareholders thus confirmed Dr. Kurt Bock (98.37%), Dr. Susanne Fuchs (98.19%) and Ingeborg Neumann (88.04%) as shareholder representatives and elected Dr. Christoph Loos (99.88%) as a new member of the Board. Furthermore, Cornelia Stahlschmidt and Jens Lehfeldt were appointed to the Supervisory Board as employee representatives. Following the Annual General Meeting, the new Supervisory Board of FUCHS PETROLUB SE elected Dr. Kurt Bock as its Chairman and Dr. Susanne Fuchs as its Deputy Chairwoman at its constituent meeting. Ingeborg Neumann was elected as Chairwoman of the Audit Committee. Authorization to acquire own shares was also granted. 99.62% of ordinary shareholders (preference shareholders: 91.21%) approved the anticipatory resolution, which is valid until May 4, 2025. In addition, a resolution regarding amendments to the Articles of Association was passed by 99.98%. More than 800 shareholders participated in the virtual Annual General Meeting of FUCHS PETROLUB SE. A total of 82.36% of the ordinary shares with voting rights and 55.78% of the preference shares were represented. Together this equates to 69.08% of the share capital. A detailed overview of the voting results can be found on the company's website at www.fuchs.com/group under Investor Relations and then under Annual General Meeting 2020. Mannheim, May 5, 2020 FUCHS PETROLUB SE The following information is available online: Important note
05.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | FUCHS PETROLUB SE |
Friesenheimer Str. 17 | |
68169 Mannheim | |
Germany | |
Phone: | +49 (0)621 / 3802-0 |
Fax: | +49 (0)621 / 3802-7190 |
E-mail: | [email protected] |
Internet: | www.fuchs.com/gruppe |
ISIN: | DE0005790430, DE0005790406 |
WKN: | 579043, 579040 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange |
EQS News ID: | 1036327 |
End of News | DGAP News Service |
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1036327 05.05.2020
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