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july 09, 2020 - Daimler

Daimler shareholders support strategic direction with vast majority

Stuttgart, Jul 9, 2020

  • Shareholders approved all items on the agenda at the virtual Annual Meeting
  • Actions of the members of the Board of Management ratified with 96.60% of the votes cast
  • Actions of the members of the Supervisory Board ratified with 88.45% of the votes cast
  • Manfred Bischoff, Chairman of the Supervisory Board of #daimler AG: “The vote underlines that the shareholders support the sustainable business strategy and are convinced of the company’s course.”

Stuttgart (Germany) - The Annual Meeting of #daimler AG (ticker symbol DAI) underscored the strategic direction and transformation of the company with a high level of acceptance. “The approval of the actions of the Board of Management and the Supervisory Board demonstrates the great confidence of the shareholders,” said #manfredbischoff, Chairman of the Supervisory Board, looking back at the first virtual Annual Meeting of #daimler AG. “The vote underlines that the shareholders support the sustainable business strategy and are convinced of the company’s course. The Board of Management sets the right priorities in a complex economic environment. The Supervisory Board supports all appropriate measures to successfully shape the future.”

The shareholders of #daimler AG approved all the items on the agenda of the virtual Annual Meeting on Wednesday. The actions of the members of the Board of Management were ratified with 96.60% of the votes cast, those of the members of the Supervisory Board with 88.45%. The remuneration system for the members of the Management Board received 95.33% of the votes cast. The dividend for the 2019 financial year proposed by the Management Board and Supervisory Board was accepted with 98.92%.

The Annual Meeting also elected #timotheushottges, Chairman of the Board of Management of Deutsche Telekom AG, Bonn, with 80.51% of the votes cast as a member of the Supervisory Board representing the shareholders. A total of 53.28% of the common stock capital was represented.

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