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adidas AG: Supervisory Board of adidas AG proposes enlarging Supervisory Board, nominates major shareholder representatives for election

adidas AG  / Key word(s): Miscellaneous

02.03.2016 14:37

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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For immediate release                            March 2, 2016        

AD HOC: Supervisory Board of adidas AG proposes enlarging Supervisory
Board, nominates major shareholder representatives for election


Herzogenaurach, Germany - At its regular meeting today, the Supervisory
Board of adidas AG decided to ask for shareholders' approval at this year's
Annual General Meeting on May 12, 2016, to amend the company's Articles of
Association. The Supervisory Board proposes to increase the size of the
Group's governing body from currently twelve to 16 members to reflect the
increasing size and internationality of the company's business.

Due to parity codetermination, to which adidas AG is subject, once the
amendment to the Articles of Association comes into effect, two of the
additional four Supervisory Board members have to be elected by the
shareholders of the Group. The Supervisory Board has nominated Mr. Ian
Gallienne, Co-Chief Executive Officer of Groupe Bruxelles Lambert, and Mr.
Nassef Sawiris, Chief Executive Officer of OCI N.V., for election at the
2016 Annual General Meeting for the remaining term of the current
shareholder representatives. The remaining two Supervisory Board members
will be elected by the employees of adidas AG.

***

Contact:

Media Relations  
   
Jan Runau      
Chief Corporate Communication Officer  
Tel.: +49 (0) 9132 84-3830    

Katja Schreiber      
Senior Director Corporate Communication    
Tel.: +49 (0) 9132 84-3810    


Investor Relations

Sebastian Steffen
Vice President Investor Relations
Tel.: +49 (0) 9132 84-4401

Christian Stoehr
Director Investor Relations
Tel.: +49 (0) 9132 84-4989


Please also visit our corporate website: www.adidas-Group.de


02.03.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      adidas AG
              Adi-Dassler-Straße 1
              91074 Herzogenaurach
              Germany
Phone:        +49 9132 84 0
Fax:          +49 9132 84 2241
E-mail:       
Internet:     www.adidas-group.com
ISIN:         DE000A1EWWW0, US00687A1079, US00687P1049
WKN:          A1EWWW, A0MNCC  , 909676 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart; Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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