2011
Annual General Meeting 2011
The 2011 Annual General Meeting of adidas AG was held on May 12, 2011 at the Stadthalle Fuerth, Fuerth/Bavaria, Germany.
The Annual General Meeting of adidas AG was attended by approximately 410 shareholders and shareholder representatives as well as by around 130 guests. At the time the presence was announced, 57.63 percent of the nominal capital were represented at the Annual General Meeting.
The shareholders amongst others resolved to increase the dividend from 0,35 € (in the previous year) to 0.80 € per share. This represents an increase of 129% and reflects the strong improvement in profitability in 2010. The dividend amounting to a total of 167,372,948.80 € was paid out on May 13, 2011.
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 410 shareholders and shareholder representatives as well as by around 130 guests.
At the time of voting on the agenda items 2 to 6, 120,559,096 no-par-value shares with the same amount of votes were represented at the Annual General Meeting. This corresponds to 57.62% 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 |
120,472,028 | 57.58 | 120,039,616 | 99.64 | 432,412 | 0.36 |
| ITEM 3: Ratification of the actions of the Executive Board for 2010 |
118,919,922 | 56.84 | 118,375,659 | 99.54 | 544,263 | 0.46 |
| ITEM 4: Ratification of the actions of the Supervisory Board for 2010 |
114,808,027 | 54.88 | 114,261,806 | 99.52 | 546,221 | 0.48 |
| ITEM 5: Cancellation of the Authorised Capital 2009 (§ 4 section 3 of the Articles of Association); creation of a new Authorised Capital 2011 |
120,419,383 | 57.56 | 99,307,111 | 82.47 | 21,112,272 | 17.53 |
| ITEM 6a: Appointment of the Auditor and the Group Auditor for 2011 |
120,465,389 | 57.58 | 119,892,204 | 99.52 | 573,185 | 0.48 |
| ITEM 6b: Appointment of the Auditor for the review of the first half year financial report |
120,459,213 | 57.58 | 120,209,452 | 99.79 | 249,761 | 0.21 |
Thus, all proposed resolutions were adopted by the Annual General Meeting with a clear majority.