General Meeting of Shareholders, May 21, 2008
Results of the General Meeting of Shareholders of Salzgitter AG
All items on the Agenda approved by a large majority
Almost 1,000 shareholders and shareholder representatives attended the regular General Meeting of Shareholders of the Salzgitter Group held on May 21, 2008, in the Stadthalle of Braunschweig. They represented 37,482,203 shares which corresponds to a capital of some € 95.9 million and 59.29 %.
The Agenda comprised the following items i.a.:
- Presentation of the adopted annual financial statements of the year 2007 with the Management Report on Salzgitter AG, the consolidated financial statements, the Management Report on the Group and the report of the Supervisory Board.
- Resolution on the appropriation of unappropriated retained earnings (€ 2 plus a special bonus of € 1 per share) and discharge of the Executive Board and the Supervisory Board.
- Selection of PwC Deutsche Revision Aktiengesellschaft Wirtschaftsprüfungsgesellschaft, Hanover, as the independent auditor for the financial year 2008.
- New election of the Supervisory Board
- Authorization to purchase the company’s own shares
The resolutions put forward were approved by a majority of more than 96 %. The proposal put forward for the appropriation of unappropriated retained earnings received a 72.2 % vote. Rainer Thieme, Chairman of the Supervisory Board of Salzgitter AG, closed the General Meeting of Shareholders at 3.20 p.m.