E.ON Annual Shareholders Meeting on May 28th, 2020
- Virtual online format for the first time
- Meeting can take place earlier than initially announced
E.ON has set May 28th as the new date for this year's Annual Shareholders Meeting. This is in accordance with the new rules of the German Stock Corporation Act, which were recently created in the wake of the Corona crisis. The event is to be held as an online Annual Shareholders Meeting, without the physical participation of shareholders. E.ON attaches particular importance to ensuring that shareholders' rights are safeguarded as far as possible in the virtual format. E.ON CEO Johannes Teyssen: “It’s in everyone’s best interest to keep our distance, so our shareholders will have the opportunity to ask their questions in advance of the Annual Shareholders Meeting, where they will still be able to cast their votes.”
In March, E.ON announced that it would postpone the Annual Shareholders Meeting from mid-May to mid-June, due to the current dynamic developments around the Corona virus. “This was necessary in the situation, at that time, in light of existing regulatory requirements and to protect our shareholders and employees,” Teyssen said. However, a new legal provision now enables E.ON to conduct the Annual Shareholders Meeting virtually. Teyssen: “We worked hard to create the conditions necessary and, with the new virtual format, we can now even invite shareholders to a much earlier date.”
The agenda will include a resolution on the dividend for the 2019 financial year. Details on the procedures of the online Annual General Meeting will be included in the invitation, which will be published in due course.