2010
Annual General Meeting 2010
The 2010 Annual General Meeting of adidas AG was held on May 6, 2010 at the Stadthalle Fuerth, Fuerth/Bavaria, Germany.
The Annual General Meeting of adidas AG was attended by approximately 460 shareholders and shareholder representatives as well as by around 94 guests. At the time the presence was announced, 46.37 percent of the nominal capital were represented at the Annual General Meeting.
The shareholders amongst others resolved to pay out a dividend of 0,35 € per share. The dividend amounting to a total of 73,225,665.10 € was paid out on May 7, 2010.
All resolutions proposed by the Executive Board and the Supervisory Board were passed with the required majority. No countermotions were received.
Below please find the speech of the Chief Executive Officer Mr. Herbert Hainer with presentation slides, the complete voting results as well as further documents relating to the event.
The Annual General Meeting of adidas AG was attended by approximately 460 shareholders and shareholder representatives.
At the time of voting on the agenda items 2 to 14, 97,002,706 no-par-value shares with the same amount of votes were represented at the Annual General Meeting. This corresponds to 46.36% of the nominal capital.
VOTING RESULTS
|
Valid votes total |
Valid votes in % of nom. capital |
Yes- votes total |
Yes- votes in % of valid votes |
No- votes total |
No- votes in % of valid votes |
|
|---|---|---|---|---|---|---|
| ITEM 2: Appropriation of Retained Earnings |
96,981,271 | 46.35 | 96,970,348 | 99.99 | 10,923 | 0.01 |
| ITEM 3: Ratification of the actions of the Executive Board for 2009 |
94,343,879 | 45.09 | 93,413,548 | 99.01 | 930,331 | 0.99 |
| ITEM 4: Ratification of the actions of the Supervisory Board for 2009 |
89,890,986 | 42.97 | 88,960,930 | 98.97 | 930,056 | 1.03 |
| ITEM 5: Approval of the compensation system for the members of the Executive Board |
96,958,906 | 46.34 | 87,220,873 | 89.96 | 9,738,033 | 10.04 |
| ITEM 6: Adjustment to §§ 19 sec. 2, 20 sec. 1 and 4 of the Articles of Association (AoA); revocation of § 19 sec. 4 and amendment to § 21 of the AoA |
96,924,257 | 46.33 | 96,774,495 | 99.85 | 149,762 | 0.15 |
|
ITEM 7: (§ 4 sec. 4 of the AoA), creation of a new Authorised Capital 2010 |
96,407,086 | 46.08 | 88,815,826 | 92.13 | 7.591,260 | 7.87 |
|
ITEM 8: (§ 4 sec. 5 of the AoA) |
96,746,383 | 46.24 | 96,742,533 | 99.99 | 3,850 | 0.01 |
| ITEM 9: Cancellation of the Contingent Capital 2003/II (§ 4 sec. 6 of the AoA) |
96,745,929 | 46.24 | 96,742,367 | 99.99 | 3,562 | 0.01 |
| ITEM 10: Cancellation of the Contingent Capital 2006 (§ 4 sec. 7 of the AoA); creation of a new Contingent Capital 2010 |
96,388,406 | 46.07 | 87,878,158 | 91.17 | 8,510,248 | 8.83 |
| ITEM 11: Authorisation to repurchase and use treasury shares purs. to § 71 sec. 1 no. 8 AktG; revocation of the existing authorisation |
96,390,874 | 46.07 | 94,456,239 | 97.99 | 1,934,635 | 2.01 |
| ITEM 12: Authorisation to use equity derivatives in connection with the acquisition of treasury shares |
95,951,550 | 45.86 | 94,808,233 | 98.81 | 1,143,317 | 1.19 |
| ITEM 13: Conversion of bearer shares to registered shares |
96,934,891 | 46.33 | 95,978,044 | 99.01 | 956,847 | 0.99 |
| ITEM 14: Appointment of the Auditor and the Group Auditor for 2011 |
96,714,735 | 46.23 | 96,212,271 | 99.48 | 502,464 | 0.52 |
Thus, all proposed resolutions were adopted by the Annual General Meeting with a clear majority.