2016
ANNUAL GENERAL MEETING 2016
ANNUAL GENERAL MEETING 2016
The 2016 Annual General Meeting of adidas AG was held on May 12, 2016 at the Stadthalle Fuerth, Fuerth/Bavaria, Germany.
The Annual General Meeting of adidas AG was attended by approximately 560 shareholders and shareholder representatives as well as by around 170 guests. At the time the presence was announced, 66.63% of the nominal capital were represented at the Annual General Meeting.
The shareholders amongst others resolved to pay out a dividend of 1.60 € per share. The dividend amounting to a total of 320,315,867.20 € was paid out on May 13, 2016.
The Annual General Meeting agreed to each of the resolutions proposed by the Executive Board and the Supervisory Board 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 560 shareholders and shareholder representatives as well as by around 170 guests.
At the time of voting on the agenda items 2 to 11, 139.403.496 no-par-value shares with the same amount of votes were represented at the Annual General Meeting. This corresponds to 66.63% of the nominal capital entitled to vote.
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 |
139,107,836 | 66.49 | 138,653,387 | 99.67 | 454,449 | 0.33 |
| ITEM 3: Ratification of the actions of the Executive Board for 2015 |
137,058,367 | 65.51 | 136,855,704 | 99.85 | 202,663 | 0.15 |
| ITEM 4: Ratification of the actions of the Supervisory Board for 2015 |
136,315,844 | 65.16 | 128,631,942 | 94.36 | 7,683,902 | 5.64 |
| ITEM 5: Amendment of § 9 section 1 (Composition of the Supervisory Board) of the Articles of Association |
137,740,642 | 65.84 | 132,790,187 | 96.41 | 4,950,455 | 3.59 |
|
ITEM 6a: Election of Ian Gallienne as additional Supervisory Board member |
136,387,755 | 65.19 | 115,591,244 | 84.75 | 20,796,511 | 15.25 |
|
ITEM 6b: Election of Nassef Sawiris as additional Supervisory Board member |
136,767,054 | 65.37 | 123,965,615 | 90.64 | 12,801,439 | 9.36 |
|
ITEM 7: Approval of the profit and loss transfer agreement with adidas anticipation GmbH |
137,746,138 | 65.84 | 137,729,787 | 99.99 | 16,351 | 0.01 |
|
ITEM 8: Creation of an Authorised Capital 2016 for the issuance of shares to employees and members of management bodies while excluding subscription rights; amendment to the Articles of Association |
139,093,250 | 66.48 | 138,022,095 | 99.23 | 1,071,155 | 0.77 |
|
ITEM 9: Authorisation to repurchase and use treasury shares purs. to § 71 sec. 1 no. 8 AktG; cancellation of the existing authorisation |
139,070,834 | 66.47 | 134,994,005 | 97.07 | 4,076,829 | 2.93 |
|
ITEM 10: Authorisation to use equity derivatives in connection with the acquisition of treasury shares |
139,286,571 | 66.58 | 134,078,311 | 96.26 | 5,208,260 | 3.74 |
| ITEM 11a: Appointment of the Auditor and of the Group Auditor for the 2016 financial year |
138,661,483 | 66.28 | 130,527,533 | 94.13 | 8,133,950 | 5.87 |
| ITEM 11b: Appointment of the auditor for a possible audit review of the 2016 financial year |
138,661,331 | 66.28 | 130,534,821 | 94.14 | 8,126,510 | 5.86 |
|
ITEM 11c: Appointment of the auditor for a possible audit review of the first quarter of 2017 |
138,660,212 | 66.28 | 130,506,808 | 94.12 | 8,153,404 | 5.88 |
Thus, all proposed resolutions were adopted by the Annual General Meeting with the required majority.