Grenke AG shareholders rejected the proposed remuneration system for the supervisory board during the company’s virtual Annual General Meeting (AGM) held on 29 July. A counter-motion concerning the amended remuneration system received 71.55 per cent approval.
The proposed remuneration system for the board of directors was approved by 93.12 per cent, while 70.15 per cent voted in favour of reducing the maximum remuneration.
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The board of directors and supervisory board members were all discharged for the 2020 financial year by a large majority.
Supervisory board
The AGM elected Norbert Freisleben, Nils Kröber and Dr Konstantin Nikolaus Maria Mettenheimer to the supervisory board by way of a special election.
Wolfgang Grenke, Claudia Karolina Krcmar and Florian Schulte stepped down from the supervisory board following the end of the AGM.
Auditor & dividend
BDO AG Wirtschaftsprüfungsgesellschaft, Hamburg, was appointed as the auditor for the current financial year.
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By GlobalDataThe shareholders also resolved to distribute a dividend of €0.26 per share.
73.47 per cent of the shareholders were present (2020: 86.77 per cent).
The detailed voting results are available online at https://www.grenke.com/investor-relations/general-meeting
Norbert Freisleben, supervisory board member
Nils Kröber, supervisory board member
Dr Konstantin Nikolaus Maria Mettenheimer, supervisory board
Professor Dr Ernst-Moritz Lipp, chairman of the supervisory board
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