Deutsche Post decides on unchanged dividend of 1.15 euros

28. August 2020

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At the annual general meeting of Deutsche Post AG, which took place without physical presence, an unchanged dividend of 1.15 euros was decided compared to the previous year. CEO Frank Appel announced that the company had navigated the Corona crisis well and confirmed that it is sticking to its annual target for operating profit of between 3.5 and 3.8 billion euros.

(Bonn) At today’s first entirely virtual annual general meeting of Deutsche Post AG without the physical presence of shareholders, the shareholders approved the proposals of the management board and supervisory board with large majorities. Among other things, the shareholders decided with 99.92 percent of the votes to distribute an unchanged dividend of 1.15 euros per share compared to the previous year. The discharge of the management board and supervisory board, the appointment of the auditor, capital resolutions, and amendments to the articles of association were also approved by a large majority.

As part of the supervisory board elections, Lawrence A. Rosen, who served as CFO of Deutsche Post AG from 2009 to 2016 (96.63 percent of the votes), and Dr. Jörg Kukies, State Secretary in the Federal Ministry of Finance (95.13 percent of the votes), were elected to the supervisory board of Deutsche Post AG.

The annual general meeting was fully broadcast live on the internet for the shareholders. All shareholders could submit questions about the agenda via the internet after timely registration, which were answered during the meeting. Eligible shareholders could exercise their voting rights by mail or by proxy and instructions to the company’s voting representatives. In the voting on the use of the balance sheet profit, valid votes from 856,021,311 shares were represented. This corresponds to 69.23 percent of the voting share capital (voting presence in the previous year: 66.05 percent).