Annual Shareholders’ Meeting of Daimler AG approves dividend of EUR2.20 per share
BERLIN, April 10, 2013 /PRNewswire/ — At the Annual Shareholders’ Meeting of Daimler AG in Berlin on Wednesday, the shareholders approved the distribution of a dividend for the year 2012 of EUR2.20 per share (prior year: EUR2.20). The total dividend payout amounts to EUR2,349 million.
The Annual Shareholders’ Meeting also reelected Ms. Sari Baldauf and Dr. Juergen Hambrecht as members of the Supervisory Board representing the shareholders for a further five years. Furthermore, the Annual Shareholders’ Meeting elected Ms. Andrea Jung for the first time as a member of the Supervisory Board for five years.
The members of the Supervisory Board representing the employees were elected in March and their period of office begins with the end of the 2013 Annual Shareholders’ Meeting. The members reelected are Erich Klemm, Michael Brecht, Juergen Langer and Joerg Spies. Elke Toenjes-Werner and Wolfgang Nieke were elected for the first time as members representing the employees. The members of the Supervisory Board representing the trade unions are Joerg Hofmann (as before) and Sabine Maassen (a new member). Valter Sanches continues to be a member of the Supervisory Board of Daimler AG on the employee side as a trade union member from outside Germany. Dr. Frank Weber was elected to the Supervisory Board for the first time and represents the senior management for the next five-year period. The newly elected members Elke Toenjes-Werner and Sabine Maassen are the first female members of the Supervisory Board representing the employees. Elections for the Supervisory Board members of the employee side are held every five years.
The actions of the members of the Board of Management were ratified by 98.62% of the votes cast and the actions of the members of the Supervisory Board were ratified by 98.60% of the votes cast.
The Annual Shareholders’ Meeting was held at the Berlin Trade Fair Center (Berliner Messe) and was attended by approximately 5,000 shareholders and shareholder representatives (prior year: 5,700). 28.63% of the share capital was represented.
The dividend will be paid out on April 11, 2013 to all shareholders who held Daimler shares on April 10, 2013.
This document contains forward-looking statements that reflect our current views about future events. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should” and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a worsening of the sovereign-debt crisis in the euro zone; a deterioration of our funding possibilities on the credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates; a shift in consumer preference towards smaller, lower margin vehicles; or a possible lack of acceptance of our products or services which limits our ability to achieve prices as well as to adequately utilize our production capacities; price increases in fuel or raw materials; disruption of production due to shortages of materials, labor strikes, or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook of companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading “Risk Report” in Daimler’s most recent Annual Report. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward-looking statements prove incorrect, then our actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward looking statements. Any forward-looking statement speaks only as of the date on which it is made.
Daimler AG is one of the world’s most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance and innovative mobility services. The company’s founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, Daimler continues to shape the future of mobility today: The Group’s focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate its customers. For many years now, Daimler has been investing continually in the development of alternative drive systems with the goal of making emission-free driving possible in the long term. So in addition to vehicles with hybrid drive, Daimler now has the broadest range of locally emission-free electric vehicles powered by batteries and fuel cells. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment. Daimler sells its vehicles and services in nearly all the countries of the world and has production facilities on five continents. Its current brand portfolio includes, in addition to the world’s most valuable premium automotive brand, Mercedes-Benz, the brands smart, Freightliner, Western Star, BharatBenz, Fuso, Setra and Thomas Built Buses. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2012, the Group sold 2.2 million vehicles and employed a workforce of 275,000 people; revenue totaled EUR114.3 billion and EBIT amounted to EUR8.6 billion.
SOURCE Daimler Corporate Communications