DOCSLIB.ORG

Press Release 2020-Dec-01 Dr. Heinrich Hiesinger to Join

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Press Release 2020-Dec-01 Dr. Heinrich Hiesinger to Join PRESSE-INFORMATION PRESS RELEASE Page 1/2, December 1, 2020 Dr. Heinrich Hiesinger to join ZF Supervisory Board • Shareholders appoint Heinrich Hiesinger as successor to Ernst Baumann • Change will be effective January 1, 2021 Friedrichshafen, Germany. ZF Friedrichshafen AG’s shareholders appointed Dr. Heinrich Hiesinger, 60, to the company’s Supervisory Board as shareholder representative. As of January 1, 2021, Hiesinger will succeed Ernst Baumann, 72, who is leaving the Supervisory Board at his own request after eight years. Dr. Heinrich Hiesinger is a renowned industry expert and has many years of experience as CEO and board member of major companies. The representatives of the two ZF shareholders are pleased that Hiesinger will join ZF’s Supervisory Board. With 93.8 percent, the Zeppelin Foundation is the main shareholder of ZF Friedrichshafen AG and is represented on the Supervisory Board by Andreas Brand, Lord Mayor of the City of Friedrichshafen and Chairman of the Zeppelin Foundation. The remaining 6.2 percent of the shares are held by the Ulderup Foundation, which is represented by Dr. Jochen Meinecke. Hiesinger, who holds a doctor’s degree in Electrical Engineering from the Munich Technical University, started his career in 1992 at Siemens where he held various positions at home and overseas until 2010. In that year, he joined Germany-based Thyssen-Krupp AG in Essen as Vice Chairman of the Executive Board. From 2011 to 2018, he led the company as CEO. During this time, Hiesinger also served as Vice President of the Federation of German Industries (BDI). In addition to his role at ZF, Hiesinger is a member of the Supervisory Boards of BMW AG, Deutsche Post AG and Fresenius Management SE. Caption: Dr. Heinrich Hiesinger will join the ZF Supervisory Board on January 1, 2021. ZF Friedrichshafen AG Global Corporate & Marketing Communications 88038 Friedrichshafen Deutschland · Germany press.zf.com PRESSE-INFORMATION PRESS RELEASE Page 2/2, December 1, 2020 Image: ZF Press contact: Andreas Veil, head of Business and Finance Communications, Phone: +49 7541 77-7925, e-mail: [email protected] Dr. Jochen Mayer, Business and Finance Communications, Phone: +49 7541 77-7028, e-mail: [email protected] ZF Friedrichshafen AG ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. ZF allows vehicles to see, think and act. In the four technology domains Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, ZF offers comprehensive solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF electrifies different kinds of vehicles. With its products, the company contributes to reducing emissions and protecting the climate. ZF, which acquired WABCO Holdings Inc. on May 29, 2020, now has 160,000 employees worldwide with approximately 260 locations in 41 countries. In 2019, the two then-independent companies achieved sales of €36.5 billion (ZF) and $3.4 billion (WABCO). For further press information and photos please visit: www.zf.com ZF Friedrichshafen AG Global Corporate & Marketing Communications 88038 Friedrichshafen Deutschland · Germany press.zf.com .
Load more

Recommended publications
  • Thyssenkrupp Annual Report 2014
    2013_2014 ANNUAL REPORT THYSSENKRUPP AG Developing the future. C2 ThyssenKrupp in figures ThyssenKrupp in figures The Group in figures 1) Group total Continuing operations Change Change 2012/2013 2013/2014 Change in % 2012/2013 2013/2014 Change in % Order intake million € 39,774 41,416 1,642 4 38,636 41,416 2,780 7 Net sales total million € 39,782 41,304 1,522 4 38,559 41,304 2,745 7 EBITDA million € 1,212 2,274 1,062 88 1,154 2,088 934 81 EBIT million € (552) 1,151 1,703 ++ (608) 965 1,573 ++ EBIT margin % (1.4) 2.8 4.2 — (1.6) 2.3 3.9 — Adjusted EBIT million € 517 1,333 816 158 586 1,333 747 127 Adjusted EBIT margin % 1.3 3.2 1.9 — 1.5 3.2 1.7 — EBT million € (1,648) 428 2,076 ++ (1,706) 242 1,948 ++ Net income/(loss) / Income/(loss) (net of tax) million € (1,576) 195 1,771 ++ (1,629) 9 1,638 ++ attributable to ThyssenKrupp AG's shareholders million € (1,436) 210 1,646 ++ (1,490) 24 1,514 ++ Basic earnings per share € (2.79) 0.38 3.17 ++ (2.90) 0.04 2.94 ++ Operating cash flow million € 786 887 101 13 981 887 (94) (10) Cash flow for investments million € (1,411) (1,141) 270 19 (1,313) (1,141) 172 13 Free cash flow before divestments million € (625) (254) 371 59 (332) (254) 78 23 Cash flow from divestments million € 1,221 1,053 (168) (14) 1,221 1,053 (168) (14) Free cash flow million € 596 799 203 34 889 799 (90) (10) Employees (September 30) 156,856 160,745 3,889 2 156,856 160,745 3,889 2 Germany 58,164 59,783 1,619 3 58,164 59,783 1,619 3 Abroad 98,692 100,962 2,270 2 98,692 100,962 2,270 2 Dividend per share € — 0.11 2) — — Dividend payout million € — 62 2) — — ROCE % (3.8) 9.0 12.8 — ThyssenKrupp Value Added million € (1,865) 5 1,870 ++ Net financial debt (September 30) million € 5,038 3,488 (1,550) (31) Total equity (September 30) million € 2,512 3,199 687 27 Gearing % 200.6 109.0 (91.6) — 1) The prior-year figures have been adjusted due to the adoption of IAS 19R and the catch-up of depreciation for Berco (cf.
    [Show full text]
  • Mandates of the Supervisory Board
    204 Corporate MEMBERS OF THE Dr. jur. Karl-Ludwig Kley (b.1951) Governance Member since 2008, elected until the AGM 2021 Members of the SUPERVISORY BOARD Deputy Chairman of the Supervisory Board Supervisory Board Chairman of the Supervisory Board of E.ON SE and of the Deutsche Lufthansa Aktiengesellschaft Mandates E.ON SE, Chairman Deutsche Lufthansa Aktiengesellschaft, Chairman Dr.-ing. Dr.-ing. E. h. norbert Reithofer (b.1956) Member since 2015, elected until the Annual General Meeting (AGM) 2020 christiane Benner 2 (b.1968) Chairman of the Supervisory Board Member since 2014, elected until the AGM 2024 Former Chairman of the Board of Second Chairwoman of IG Metall Management of BMW AG Mandates Mandates Continental AG, Deputy Chairwoman Siemens Aktiengesellschaft Henkel AG & Co. KGaA (Shareholders’ Committee) Dr. rer. pol. Kurt Bock (b.1958) Member since 2018, elected until the AGM 2023 Manfred Schoch 1 (b.1955) Former Chairman of the Board of Member since 1988, elected until the AGM 2024 Management of BASF SE Deputy Chairman of the Supervisory Board Mandates Chairman of the European FUCHS PETROLUB SE, Chairman and General Works Council (since 7 May 2019) Industrial Engineer Fresenius Management SE ♦ Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich Stefan Quandt (b.1966) Member since 1997, elected until the AGM 2024 Deputy Chairman of the Supervisory Board Verena zu Dohna-Jaeger 2 (b.1975) Entrepreneur Member since 16 May 2019, Mandates elected until the AGM 2024 DELTON Health AG ♦, Chairman Department head with the Executive Board of DELTON Technology SE ♦, Chairman IG Metall Frankfurter Allgemeine Zeitung GmbH ♦ Mandates (since 24 June 2019) ABB AG AQTON SE ♦, Chairman Entrust Datacard Corp.♦ Franz Haniel (b.1955) Member since 2004 until 16 May 2019 Stefan Schmid 1 (b.1965) Entrepreneur Member since 2007, elected until the AGM 2024 Mandates Deputy Chairman of the Supervisory Board Franz Haniel & Cie.
    [Show full text]
  • Participants
    Meeting of the TransAtlantic Business Dialogue Friday, January 25, 2013 Note of the Meeting The TransAtlantic Business Dialogue (TABD) convened its first meeting under the new banner of the Transatlantic Business Council (TBC) in Davos, Switzerland, on Friday, January 25 on the margins of the World Economic Forum. TABD members and observers met with senior level U.S. Government and EU Commission officials, Irish Prime Minister Enda Kenny, and OECD Secretary General Ángel Gurría. TABD was most interested in learning the status of the High Level Working Group’s deliberations for a EU-U.S. trade agreement, and in sharing TABD priorities on how to shape such a transatlantic economic pact. Participants TABD Members Mark Spelman, Accenture; Sir Michael Rake, BT; Phillip Harrington, CA Technologies; Ambassador Stuart Eizenstat, Covington & Burling; James Quigley, Deloitte; Sven Oehme, EABO; Beth Brooke, Ernst & Young; Jürgen Thumann, Heitkamp & Thumann; Hans Stråberg, Jacob Wallenberg, Investor AB; Alan Buckle, KPMG; Geralyn Ritter, Merck; Brad Smith, Microsoft; Dr. Harry Hendriks, Philips; Peter Solmssen, Siemens; Tim Bennett, Transatlantic Business Council; Dr. Heinrich Hiesinger, ThyssenKrupp; Marc Grynberg, Umicore; Special Guests Prime Minister Enda Kenny, Republic of Ireland Ángel Gurría, Secretary General, OECD Business–Government Dialogue Jean-Luc Demarty, European Commission Michael Froman, White House Jon Leibowitz, Federal Trade Commission Marc Vanheukelen, European Commission Observers Brian Ager, European Roundtable of Industrialists Tom Donohue, U.S. Chamber of Commerce 1 Opening Session with Enda Kenny, Prime Minister of Ireland Prime Minister Kenny greeted all members and guests personally before opening the discussion with an unfettered endorsement of an EU-U.S. trade agreement.
    [Show full text]
  • ZF Presseinformation
    PRESSE-INFORMATION PRESS RELEASE Seite 1/2, 1. Dezember 2020 Dr. Heinrich Hiesinger wird Mitglied des Aufsichtsrats der ZF Friedrichshafen AG • Hauptversammlung wählt Heinrich Hiesinger als Nachfolger von Ernst Baumann • Neubesetzung erfolgt zum 1. Januar 2021 Friedrichshafen. Die Hauptversammlung der ZF Friedrichshafen AG hat Dr. Heinrich Hiesinger, 60, als Vertreter der Anteilseigner in den Aufsichtsrat des Unternehmens gewählt. Hiesinger folgt zum 1. Januar 2021 auf Ernst Baumann, 72, der das Gremium nach acht Jahren auf eigenen Wunsch verlässt. Dr. Heinrich Hiesinger gilt als ausgewiesener Experte und Kenner der Industrielandschaft und verfügt über langjährige Expertise als Vorstandsvorsitzender und Vorstandsmitglied namhafter Konzerne. Die Vertreter der beiden ZF-Gesellschafter begrüßen, dass Hiesinger das Aufsichtsgremium von ZF verstärkt. Die Zeppelin-Stiftung ist mit 93,8 Prozent Hauptgesellschafter der ZF Friedrichshafen AG und wird von Andreas Brand, Oberbürgermeister der Stadt Friedrichshafen und Vorsitzender des Stiftungsrats der Zeppelin-Stiftung, im Aufsichtsrat vertreten. 6,2 Prozent der Aktien werden von der Ulderup-Stiftung gehalten, die von Dr. Jochen Meinecke vertreten wird. Hiesinger hatte nach der Promotion im Fachgebiet Elektrotechnik an der TU München seine Karriere 1992 im Siemens-Konzern begonnen, für den er bis 2010 in verschiedenen Funktionen und Unternehmensbereichen im In- und Ausland tätig war. Im selben Jahr wechselte er zur Thyssen-Krupp AG nach Essen als stellvertretender Vorsitzender des Vorstands; von 2011 bis 2018 führte er das Unternehmen als Vorstandsvorsitzender. In dieser Zeit amtierte Hiesinger auch als Vizepräsident des Bundesverbands der deutschen Industrie (BDI). Neben seinem Mandat bei ZF gehört Hiesinger den Aufsichtsräten der BMW AG, der Deutschen Post AG und der Fresenius Management SE an.
    [Show full text]
  • Eine Erfolgreiche Firma Braucht Die Begeisterung Der Mitarbeiter. Die
    Handelsblatt Nr. 089 vom 09.05.2014 Seite 060 Wochenende Dirigent Gernot Schulz und Orchester: Große Talente, hohe Führungskunst. tt Handelsbla für Butzmann Dominik Eine Frage der Führung Eine erfolgreiche uf den ersten Blick könn- und unsere Marken haben, und diese Lei- Abgesehen von dieser verschenkten Finanzindustrie, vor einer historischen Führungsqualitäten verlangt: eine Füh- ten die beiden Manager un- denschaft bringen wir täglich in unsere Wertschöpfung – die offenbar strukturel- Neuausrichtung stehen. Die Stromerzeu- rung, die die neuen Ziele vorlebt, diese Firma braucht die terschiedlicher kaum sein. Arbeit ein“, hat Hainer kürzlich erzählt. len Probleme zwischen Führungskräften ger müssen nach und nach die hochpro- offen kommuniziert und die Mitarbeiter Der eine, Marc Zuckerberg Das Ergebnis bei Adidas und Facebook ist und Mitarbeitern stehen imWiderspruch fitablen Atomkraftwerke abschalten, die einbindet. Gefragt ist echte Leadership. Begeisterung der und Chef von Facebook, nicht nur eine beeindruckende Unterneh- zu den guten Auflagen der Management- Banken dem Renditehunger derVergan- Eine Politik des Zögerns und Zauderns, A lebt im Silicon Valley, der mensentwicklung, sondern eine hohe literatur. Was läuft da falsch? Warum ist genheit abschwören. wie sie Bundeskanzlerin Angela Merkel Mitarbeiter. Die zu Ideenschmiede Amerikas, und geht am Loyalität der Mitarbeiter. Kündigungen gute Führung so schwer? Undwas macht In dieser Umbruchphase scheitern al- betreibt, können sich Manager in Krisen- liebsten in Badelatschen, Jeans und Kapu- haben Seltenheitswert. erfolgreiche Führung überhaupt aus? te Denkmuster und Lösungsansätze. phasen nicht leisten. „Wer in schwan- wecken und zu zenpulli zur Arbeit. Der andere, Herbert Das ist leider nicht der Normalfall. In In einer Zeit, in der Unsicherheiten Prognosen müssen viel schneller ange- kender Zeit schwankend gesinnt ist,ver- Hainer und langjähriger Vorstandschef Deutschland gehen die Angestellten kaum über die Geschäftsentwicklung erheb- passtwerden als zuvor.
    [Show full text]
  • Hanns Seidel Foundation: Annual Report 2010
    Hanns Seidel Foundation AnnuAl RepoRt 2010 short version english www.hss.de contentS contentS Foreword ........................................................................ 4 the Hanns Seidel Foundation: facts and figures ........................... 6 Academy for politics and current Affairs ................................... 7 the Berlin office ................................................................ 9 Institute for political education ........................................... 11 Institute for Scholarship programmes .................................... 14 liaison Bureaus/International conferences .............................. 15 office for Foreign Relations ................................................. 21 Institute for International cooperation ................................... 22 Hanns Seidel Foundation Worldwide ...................................... 28 Dr. Hanns Seidel (1901–1961) – whom the foundation is named after – was among the founding fathers of the Christian social union (CSU) in 1945 and party chairman (1955–1961). He was first elected in 1946 to the Bavarian landtag, appointed as Bavarian Minister of econo­ mics (1947–1954) and was the Bavarian Minister-President (1957–1960). For further information see: www.hss.de/ english/organization/hanns-seidel.html dr. Hanns seidel Hanns seidel Foundation | annual RepoRt 2010 3 FoReWord FoReWord In a year marked by spectacular resig- these sentences, spoken by Horst nations, heated debates and by the long seehofer, are just one example of the shadows cast by the
    [Show full text]
  • Leading in Transition
    AGILITY LEADING IN TRANSITION ESMT ANNUAL FORUM June 22, 2017 WLAN CONTENTS Network name: esmt-guest 3 Welcome Username: AF2017esmt Password: esmtAF2017 4 Program overview 7 Opening remarks and keynotes TWITTER #esmtAF 10 Fast and flexible: Agility in industry DIGITAL PROGRAM 14 Breakout sessions 18 Leading for a competitive advantage: This brochure is available via Organizational agility annualforum.esmt.org/brochure or via NFC 1. Unlock your phone 22 Inauguration endowment management 2. Turn on NFC program 3. Tap the tag 23 Keynote and closing remarks Search for ESMT Annual Forum 26 Floor plan via eventbase app free.eventbase.com/download There will be photos and video recordings taken during the event. Please advise a member of staff should you object to subsequent use for print and online publishing by ESMT Berlin. The ESMT Annual and cybersecurity – offering executive development and tracks in Forum 2017 “Agility. our degree programs to enable leaders to understand and manage Leading in Transition” change, drive agility, and promote innovation and entrepreneurship, focuses upon the need to name but a few areas. for flexibility and speed in organizational struc- With the Annual Forum, ESMT provides insightful and thought- tures and processes. provoking sessions, networking possibilities, and time for debate Agility is a must for and reflection. In keynotes, leading executives will share their companies to change, grow, and stay compet itive in today’s companies’ journeys to be more innovative and agile, after which fast-paced and disruptive environment. While rooted in IT and the first panel will place a special focus on industry. A diverse programming, agility now includes leadership, industrial process- group of leaders will reflect upon what agility means to their es, and HR.
    [Show full text]
  • Final Assessment Thyssenkrupp Ag
    FINAL ASSESSMENT THYSSENKRUPP AG The following pages contain the detailed scoring for your company based on public information. The following table represents a summary of your scores: Topic Number % score based of on public questions information Leadership, Governance and 10 65% Organisation Risk Management 7 42.9% Company Policy and Codes 12 79.2% Training 5 80% Personnel and Helplines 7 71.4% Total 41 68.3% THYSSENKRUPP AG 04/09/14 HTTP://WWW.THYSSENKRUPP.COM A1: Does the company publish a statement from the Chief Executive Officer or the Chair of the Board supporting the ethics and anti-corruption agenda of the company? Score: 2 Comments: Based on public information, there is evidence that the company has published in the last two years, a statement from the Executive Board supporting the company’s strong stance against corruption. The company has also published in the last two years one strong statement from the Executive Board that promotes the company’s ethics and anti- corruption agenda, under which it is clear that anti-corruption is a significant component. References: Public: Company website: Compliance ‘The Executive Board of ThyssenKrupp AG has unequivocally expressed its rejection of antitrust violations and corruption in the ThyssenKrupp Compliance Commitment.’ http://www.thyssenkrupp.com/en/konzern/compliance.html Code of Conduct (October 2013), p.2: Foreword by the Executive Board ‘Our mission statement describes the values we share and the way we want to work together – both now and in the future. It sets out a clear vision that we must strive to realize in order to secure long-term business success.
    [Show full text]
  • Administration of Donald J. Trump, 2018 Remarks at a Dinner With
    Administration of Donald J. Trump, 2018 Remarks at a Dinner With European Business Leaders in Davos, Switzerland January 25, 2018 The President. Well, I just want to thank everybody. The receptivity that we've had and the United States has had being here has been incredible. Sitting around this table are some of the greatest business leaders in the world, some of the greatest companies in the world. Probably, I can think of no other place or time where you'll have executives of this stature. And I thought what I'd do is, first of all, I want to thank the professor for having done a fantastic job. Klaus, thank you very much. You have really done outstandingly. And putting this together at this level over many years has been a great tribute to you and your entire group and your entire family. So thank you very much. It's an honor to be here representing the United States. World Economic Forum Founder and Executive Chairman Klaus M. Schwab. Thank you, Mr. President. The President. I just want to say that there's been a lot of warmth, a lot of respect for our country. And a lot of money—billions and billions of dollars—is coming into the U.S. And people are very happy with what we've done, not only on the tax bill, but also cutting of regulations, and I think also being a cheerleader for our country. You know, if you're not a cheerleader for your company or for your country—[laughter]—no matter what happens, it's not going to work.
    [Show full text]
  • Press Release CEO-Ranking
    P ress Release October 26, 2015 UNICEPTA CEO Ranking: Newcomers Kengeter and Müller conquer the Top5, Dekkers still ahead • Marijn Dekkers (Bayer) remains the CEO with the best image among the 30 DAX-listed companies in the third quarter – ahead of Kasper Rorsted (Henkel) and Dieter Zetsche (Daimler) • Carsten Kengeter (Deutsche Börse) and Matthias Müller (Volkswagen) start with advance praise and high expectations The trend continues: CEOs are increasingly in the spotlight of the media. Global media analysis company UNICEPTA constantly analyses how German opinion- leading media present and evaluate CEOs with regard to their management qualities as well as their personality. The ranking is based on more than 27,000 articles published by German opinion leading media in the period from January to September 2015. The complete top 10 (H1 2015 rank in brackets) 1. Marijn Dekkers, Bayer (1) 2. Kasper Rorsted, Henkel (2) 3. Dieter Zetsche, Daimler (3) 4. Carsten Kengeter, Deutsche Börse (18) 5. Matthias Müller, Volkswagen (new) 6. Ulf Schneider, Fresenius (20) 7. Heinrich Hiesinger, ThyssenKrupp (8) 8. Elmar Degenhart, Continental (7) 9. Karl-Ludwig Kley, Merck (9) 10. Timotheus Höttges, Deutsche Telekom (10) UNICEPTA Medienanalyse GmbH | [email protected] | phone + 49 (0) 221 9902-200 | 1 P ress Release October 26, 2015 Marijn Dekkers maintains his top rank, because German journalists see him as an extremely successful manager sustainably guiding Bayer towards success. “Frankfurter Allgemeine Zeitung”, for instance, writes, “no matter what CEO Marijn Dekkers does, the Dutchman seems to be successful at everything.” And “Handelsblatt” says: “Bayer’s momentum continues.” Top5 newcomer Carsten Kengeter is particularly praised for his management qualities and his stringent demeanor.
    [Show full text]
  • Remarks by Dr. Heinrich Hiesinger Thyssenkrupp AG at the Annual
    Embargoed until: Beginning of speech Remarks by Dr. Heinrich Hiesinger Chief Executive Officer ThyssenKrupp AG at the Annual General Meeting on January 30, 2015 at the RuhrCongress Bochum Check against delivery [Chart 1: 16th Annual General Meeting] Greeting and introduction Dear ThyssenKrupp shareholders, Ladies and Gentlemen, On behalf of the Executive Board I welcome you to the 16th Annual General Meeting of ThyssenKrupp AG here at the RuhrCongress Bochum. [Chart 2: Overview of Key Figures for FY 13/14] The fiscal year that lies behind us was a good one: With consolidated net income of €195 million ThyssenKrupp made a profit again for the first time in three years. After deducting minority interest, net income attributable to you, our shareholders, is €210 million. We met or exceeded the targets we set ourselves at the beginning of the year. In the past fiscal year we increased adjusted EBIT from continuing operations to €1.3 billion, more than double the prior-year figure. Order intake increased on a comparable basis by 7% to €41.4 billion. Group sales also rose by 7% to €41.3 billion. Because we generated a net profit again we have decided to propose a dividend of 11 cents per share to you again. This is naturally no more than a signal: Firstly that dividend capability is highly important to us. And secondly that we are convinced of ThyssenKrupp’s future earning power. [Chart 3: Stock Performance] We are not the only ones who have faith in the future of the company; the capital market does too. You can see this in the positive performance of our stock last year: Our stock price increased from €17.68 at the end of the previous fiscal year to €20.78 at the end of September 2014.
    [Show full text]
  • Shareholder Counterproposals and Nominations
    Shareholder Counterproposals and Nominations Shareholder Counterproposals and Nominations for the Annual Shareholders‘ Meeting of Siemens AG on January, 24, 2008 www.siemens.com Latest update: January 11, 2008 Below you find all shareholder proposals concerning items on the Agenda of the Annual Shareholders’ Meeting 2008 which are required to be disclosed. In each case, the shareholder proposals and their supporting statements represent the views of the shareholders submitting them. Proposals including statements of facts were also posted on the Internet unchanged and unchecked by us to the extent that they are required to be disclosed. If you wish to vote in favor of one or more shareholder proposals (counterproposals and nominations by shareholders within the meaning of §126 and §127 of the German Stock Corporation Act), mark the appropriate box(es) of the Agenda item(s) concerned in the “Against Board proposal” column. If a shareholder proposal marked by capital letters is to be voted upon which not only rejects the Board proposal but puts forward a resolution differing in content and you wish to support that proposal, please enter in the boxes provided under the heading “Shareholder counterproposals and nominations” on the hard copy voting instruction form or on our Internet Service website the letters with which the relevant proposal is marked below. If you wish to vote in favor of one or more shareholder proposals marked by capital letters under Agenda item 9, New elections to the Supervisory Board, please note that you cannot vote in favor of more than ten (10) nominees to the Supervisory Board. If you vote for more than ten nominees, your vote on that Agenda item will be void in its entirety.
    [Show full text]