Voting Results Annual General Meeting 2019

At the time of voting on the agenda items 2 to 6 190,431,608 no-par value shares with a matching number of votes, corresponding to 75.57 % of the capital stock, were present. In addition, 734,717 no-par value shares with a matching number of votes were submitted via postal vote. Thus a total number of 191,166,325 no-par value shares with a matching number of votes, corresponding to 75.86 % of the capital stock, was present.

Voting Results

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

Yes votes: 171,800,357 votes
No votes:
19,249,630 votes
Abstentions: 116,338 votes

The number of shares, for which valid votes were casted, amounts to 191,049,987, corresponding to 75.81 % of the statutory stock capital.

It was stated that the management proposal on the utilization of net retained profits of the fiscal year 2018, as published in the Bundesanzeiger (Federal Gazette) on February 27, 2019, 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: 190,712,431 votes
No votes:
265,152 votes
Abstentions: 188,742 votes

The number of shares, for which valid votes were casted, amounts to 190,977,583, corresponding to 75.78 % 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 2018, as published in the Bundesanzeiger (Federal Gazette) on February 27, 2019, 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: 186,267,882 votes
No votes:
4,271,246 votes
Abstentions: 627,197 votes

The number of shares, for which valid votes were casted, amounts to 190,539,128, corresponding to 75.61 % 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 2018, as published in the Bundesanzeiger (Federal Gazette) on February 27, 2019, was accepted with the necessary majority.

Agenda Item 5: Election of the auditors for fiscal year 2019 and the auditors for the auditor’s review of the half-year financial statements for fiscal year 2019

Yes votes: 183,610,730 votes
No votes:
7,549,683 votes
Abstentions: 5,912 votes

The number of shares, for which valid votes were casted, amounts to 191,160,413, corresponding to 75.86 % 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 2019 and as the auditors for a possible auditor’s review of the half-year financial statements for fiscal year 2019, as published in the Bundesanzeiger (Federal Gazette) on February 27, 2019, was accepted with the necessary majority.

Agenda Item 6: Elections to the Supervisory Board

a) Hong Chow

Yes votes: 184,923,208 votes
No votes:
5,510,175 votes
Abstentions: 732,942 votes

The number of shares, for which valid votes were casted, amounts to 190,433,383, corresponding to 75.57 % of the statutory stock capital.

It was stated that Ms. Hong Chow was elected as shareholder representative for the next term of office of the Supervisory Board.

b) Martin Hansson

Yes votes: 163,909,799 votes
No votes:
26,814,813 votes
Abstentions: 441,713 votes

The number of shares, for which valid votes were casted, amounts to 190,724,612, corresponding to 75.68 % of the statutory stock capital.

It was stated that Mr. Martin Hansson was elected as shareholder representative for the next term of office of the Supervisory Board

c) Michael Herz

Yes votes: 162,670,717 votes
No votes:
28,054,869 votes
Abstentions: 440,739 votes

The number of shares, for which valid votes were casted, amounts to 190,725,586, corresponding to 75.68 % of the statutory stock capital.

It was stated that Mr. Michael Herz was elected as shareholder representative for the next term of office of the Supervisory Board.

d) Dr. Dr. Christine Martel

Yes votes: 184,550,387 votes
No votes:
5,884,185 votes
Abstentions: 731,753 votes

The number of shares, for which valid votes were casted, amounts to 190,434,572, corresponding to 75.57 % of the statutory stock capital.

It was stated that Dr. Dr. Christine Martel was elected as shareholder representative for the next term of office of the Supervisory Board.

e) Frédéric Pflanz

Yes votes: 187,658,430 votes
No votes:
3,210,795 votes
Abstentions: 297,100 votes

The number of shares, for which valid votes were casted, amounts to 190,869,225, corresponding to 75.74% of the statutory stock capital.

It was stated that Mr. Frédéric Pflanz was elected as shareholder representative for the next term of office of the Supervisory Board.

f) Prof. Dr. Reinhard Pöllath

Yes votes: 153,068,321 votes
No votes:
37,456,813 votes
Abstentions: 641,191 votes

The number of shares, for which valid votes were casted, amounts to 190,525,134, corresponding to 75.61 % of the statutory stock capital.

It was stated that Prof. Dr. Reinhard Pöllath was elected as shareholder representative for the next term of office of the Supervisory Board.

g) Beatrice Dreyfus

Yes votes: 190,539,907 votes
No votes:
316,660 votes
Abstentions: 309,758 votes

The number of shares, for which valid votes were casted, amounts to 190,856,567, corresponding to 75,74 % of the statutory stock capital.

It was stated that Ms. Beatrice Dreyfus was elected as alternate member for the shareholder representatives on the Supervisory Board.