Annual General Meeting

ANNUAL GENERAL MEETING 2014

The 2014 Annual General Meeting of adidas AG was held on May 8, 2014 at the Stadthalle Fuerth, Fuerth/Bavaria, Germany.

The Annual General Meeting of adidas AG was attended by approximately 450 shareholders and shareholder representatives as well as by around 180 guests. At the time the presence was announced, 48.01% of the nominal capital were represented at the Annual General Meeting.

The shareholders amongst others resolved to pay out a dividend of 1.50 € per share. The dividend amounting to a total of 313,824,279.00 € was paid out on May 9, 2014.

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.

In addition, the Annual General Meeting has elected Katja Kraus and Kathrin Menges to succeed Alexander Popov and Christian Tourres, who did not stand for re-election. Dr. Stefan Jentzsch, Herbert Kauffmann, Igor Landau and Willi Schwerdtle, whose terms in office also expired with the end of the Annual General Meeting, have been re-elected to the Supervisory Board. The term in office of all six shareholder representatives and of the six employee representatives, who were elected by the employees of adidas AG already end of March, expires with the end of the Annual General Meeting 2019.

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.

Speech and Further Documents Relating to the Event

Attendance and Voting Results

The Annual General Meeting of adidas AG was attended by approximately 450 shareholders and shareholder representatives as well as by around 180 guests.

At the time of voting on the agenda items 2 to 10, 100,439,771 no-par-value shares with the same amount of votes were represented at the Annual General Meeting. This corresponds to 48.01% 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	99,504,396	47.56	99,199,483	99.69	304,913	0.31
ITEM 3: Ratification of the actions of the Executive Board for 2013	99,222,216	47.43	95,169,506	95.92	4,052,710	4.08
ITEM 4: Ratification of the actions of the Supervisory Board for 2013	95,811,548	45.80	92,652,041	96.70	3,159,507	3.30
ITEM 5: Election of the Supervisory Board - Dr. Stefan Jentzsch	97,272,812	46.49	92,474,547	95.07	4,798,265	4.93
- Herbert Kauffmann	97,264,814	46.49	92,163,028	94.75	5,101,786	5.25
- Igor Landau	97,263,881	46.49	92,428,867	95.03	4,835,014	4.97
- Willi Schwerdtle	97,327,178	46.52	92,487,992	95.03	4,839,186	4.97
- Katja Kraus	99,545,745	47.58	97,771,849	98.22	1,773,896	1.78
- Kathrin Menges	99,546,655	47.58	97,774,110	98.22	1,772,545	1.78
ITEM 6: Amendment of § 18 of the Articles of Association	100,006,796	47.80	99,334,476	99.33	672,320	0.67
ITEM 7: Authorisation to issue bonds with warrants and/or convertible bonds; creation of a new contingent capital 2014; revocation of the existing authorisation	99,966,085	47.78	84,077,789	84.11	15,888,296	15.89
ITEM 8: Authorisation to repurchase and use treasury shares purs. to § 71 sec. 1 no. 8 AktG; revocation of the existing authorisation	97,626,637	46.66	89,205,331	91.37	8,421,306	8.63
ITEM 9: Authorisation to use equity derivatives in connection with the acquisition of treasury shares	97,470,710	46.59	89,050,928	91.36	8,419,782	8.64
ITEM 10a: Appointment of the Auditor and the Group Auditor for 2014	100,034,192	47.81	97,127,677	97.09	2,906,515	2.91
ITEM 10b: Appointment of the Auditor for the audit review of the financial statements and the interim financial report for the first six months of the 2014 financial year	100,032,861	47.81	96,698,804	96.67	3,334,057	3.33

Thus, all proposed resolutions were adopted by the Annual General Meeting with the required majority.