Introduction
Deutsche Bank (XETRA: DBKGn.DB/ NYSE: DB) will host its Annual General Meeting (AGM) in a virtual format for the third consecutive year, prioritizing the health of its shareholders amidst the ongoing pandemic. Shareholders will have the opportunity to receive dividends for the first time since the 2018 financial year, with the Monitoring Board and Supervisory Board proposing a dividend of 0.20 euros per share.
Enhancing Shareholder Engagement
To ensure a shareholder-friendly AGM, Deutsche Bank has expanded the opportunities for engagement. Shareholders can participate in an interactive discussion feature and pre-submit statements. This year, for the first time, statements can also be submitted via video and in English. Moreover, there will be increased chances to ask follow-up questions during the AGM.
Shareholder Proposals
During the AGM, shareholders will vote on the proposal to elect Alexander Wynaendts and Yngve Slyngstad to the Supervisory Board. In November, it was announced that Wynaendts is intended to be elected as the Chairman of the Supervisory Board, succeeding Paul Achleitner, who will not seek re-election after ten years of service.
Interactive Participation in the AGM
Deutsche Bank’s AGM format provides ample opportunities for shareholders to exercise their rights and engage in the dialogue. The entire AGM, including the general debate and voting, will be livestreamed and available to the public on the bank’s website. Shareholders can submit statements and questions in advance, and this year, they can also submit video recordings. The bank will publish a summary of the meeting schedule and topics for the Q&A session, making it easier for shareholders to follow the discussions.
About Deutsche Bank
Deutsche Bank is a leading bank in Germany with a strong European presence and a global network. It offers a wide range of financial services, including retail and private banking, corporate and transaction banking, lending, asset and wealth management, and investment banking services.
Conclusion
Deutsche Bank’s virtual AGM prioritizes the health of its shareholders while maintaining a high level of engagement. Shareholders will have the opportunity to receive dividends and vote on important proposals. The bank’s commitment to enhancing shareholder participation through interactive features demonstrates its dedication to fostering a transparent and shareholder-friendly environment.
