Voting Results Annual General Meeting 2017

At the time of voting on the agenda items 2 to 7 179,962,851 no-par value shares with a matching number of votes, corresponding to 71.41 % of the capital stock, were present. In addition, 93,175 no-par value shares with a matching number of votes were submitted via postal vote. Thus a total number of 180,056,026 no-par value shares with a matching number of votes, corresponding to 71.45 % of the capital stock, was present.

Voting Results

Agenda Item 2: Resolution on the utilization of net retained profits

Yes votes: 177,094,233 votes
No votes:
2,695,022 votes
Abstentions: 266,771 votes

The number of shares, for which valid votes were casted, amounts to 179,789,255, corresponding to 71.34 % of the statutory stock capital.

It was stated that the management proposal on the utilization of net retained profits of the fiscal year 2016, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.

Agenda Item 3: Resolution on the official approval of the actions of the members of the Executive Board

Yes votes: 179,970,388 votes
No votes:
34,277 votes
Abstentions:
51,361 votes

The number of shares, for which valid votes were casted, amounts to 180,004,665, corresponding to 71.43 % of the statutory stock capital.

The exclusion of voting rights was observed.

It was stated that the management proposal on the official approval of the actions of the members of the Executive Board of the fiscal year 2016, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.


Agenda Item 4: Resolution on the official approval of the actions of the members of the Supervisory Board

Yes votes: 177,190,649 votes
No votes:
2,427,725 votes
Abstentions:
437,652 votes

The number of shares, for which valid votes were casted, amounts to 179,618,374, corresponding to 71.28 % of the statutory stock capital.

The exclusion of voting rights was observed.

It was stated that the management proposal on the official approval of the actions of the members of the Supervisory Board for fiscal year 2016, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.

Agenda Item 5: Election of the auditors for fiscal year 2017

Yes votes: 174,856,914 votes
No votes:
4,527,115 votes
Abstentions:
671,997 votes

The number of shares, for which valid votes were casted, amounts to 179,384,029, corresponding to 71.18 % of the statutory stock capital.

It was stated that the proposal of the Supervisory Board to elect Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, Stuttgart, as auditors for Beiersdorf Aktiengesellschaft and the Beiersdorf Group for fiscal year 2017, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.

Agenda Item 6: Supplementary elections to the Supervisory Board

a) Hong Chow

Yes votes: 180,001,146 votes
No votes:
40,785 votes
Abstentions:
14,095 votes

The number of shares, for which valid votes were casted, amounts to 180,041,931, corresponding to 71.45 % of the statutory stock capital.

It was stated that the proposal of the Supervisory Board under agenda item 6 to elect Ms. Hong Chow to the Supervisory Board as a shareholder representative, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.

b) Beatrice Dreyfus

Yes votes: 179,980,970 votes
No votes:
61,772 votes
Abstentions:
13,284 votes

The number of shares, for which valid votes were casted, amounts to 180,042,742, corresponding to 71.45 % of the statutory stock capital.

It was stated that the proposal of the Supervisory Board under agenda item 6 to elect Ms. Beatrice Dreyfus as an alternate member for Ms. Chow during Ms. Chow’s term of office, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.

Agenda Item 7: Resolution on the approval of the remuneration system for Executive Board members

Yes votes: 138,592,652 votes
No votes:
40,713,232 votes
Abstentions:
750,142 votes

The number of shares, for which valid votes were casted, amounts to 179,305,884, corresponding to 71.15 % of the statutory stock capital.

It was stated that the management proposal under agenda item 7 on the approval of the system for the remuneration of the Executive Board members, as published in the Bundesanzeiger (Federal Gazette) on March 8, 2017, was accepted with the necessary majority.