Voting Results Annual General Meeting 2020

At the time of voting on the agenda items 2 to 12 190,288,627 no-par value shares with a matching number of votes, corresponding to 75.51% of the capital stock, were present. In addition, 1,688,334 no-par value shares with a matching number of votes were submitted via postal vote. Thus, a total number of 191,976,961 no-par value shares with a matching number of votes, corresponding to 76.18% of the capital stock, was present.

The number of shares, for which valid votes were casted, amounts to 191,720,122, corresponding to 76.08% 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 2019, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority.

The number of shares, for which valid votes were casted, amounts to 191,732,888, corresponding to 76.08% 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 2019, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority.

The number of shares, for which valid votes were casted, amounts to 191,916,926, corresponding to 76.16% 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 2020 and as the auditors for a possible auditor’s review of the half-year financial statements for fiscal year 2020, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority.

The number of shares, for which valid votes were casted, amounts to 191,918,813, corresponding to 76.16% of the statutory stock capital.

It was stated that the management proposal under agenda item 6 on the cancellation of the existing Authorized Capital I in accordance with § 5 (2) of the Articles of Association, and on the creation of a new Authorized Capital I, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority of votes and necessary capital majority.

The number of shares, for which valid votes were casted, amounts to 191,919,832, corresponding to 76.16% of the statutory stock capital.

It was stated that the management proposal under agenda item 7 on the cancellation of the existing Authorized Capital II in accordance with § 5 (3) of the Articles of Association, and on the creation of a new Authorized Capital II, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority of votes and necessary capital majority.

The number of shares, for which valid votes were casted, amounts to 191,919,268, corresponding to 76.16% of the statutory stock capital.

It was stated that the management proposal under agenda item 8 on the cancellation of the existing Authorized Capital III in accordance with § 5 (4) of the Articles of Association, and on the creation of a new Authorized Capital III, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority of votes and necessary capital majority.

The number of shares, for which valid votes were casted, amounts to 191,918,852, corresponding to 76.16% of the statutory stock capital.

It was stated that the management proposal under agenda item 9 on the cancellation of the existing authorization to issue convertible bonds and/or bonds with warrants and of the existing contingent capital in accordance with § 5 (5) of the Articles of Association, and on the renewed authorization to issue convertible bonds and/or bonds with warrants and the creation of a new contingent capital, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority of votes and necessary capital majority.

The number of shares, for which valid votes were casted, amounts to 191,747,641, corresponding to 76.09% of the statutory stock capital.

It was stated that the management proposal under agenda item 10 on the authorization to purchase and utilize own shares, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority of votes and necessary capital majority.

The number of shares, for which valid votes were casted, amounts to 191,916,227, corresponding to 76.16% of the statutory stock capital.

It was stated that the management proposal under agenda item 11 on the authorization to on the amendment of Section 18 (2) sentence 1 of the Articles of Association, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority of votes and necessary capital majority.

The number of shares, for which valid votes were casted, amounts to 191,916,756, corresponding to 76.16% of the statutory stock capital.

It was stated that the proposal of the Supervisory Board under agenda item 6 to elect Mr. Wolfgang Herz to the Supervisory Board as a shareholder representative, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority.

The number of shares, for which valid votes were casted, amounts to 191,914,882, corresponding to 76.16% 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 Mr. Herz during Mr. Herz’s term of office, as published in the Bundesanzeiger (Federal Gazette) on April 6, 2020, was accepted with the necessary majority.