• 08-MAY-2018

  • News Release

Lufthansa shareholders approve every agenda item at this year’s Annual General Meeting

Cover
  • Some 1700 shareholders attend the Lufthansa Group shareholder meeting in Frankfurt
  • New members elected to the Supervisory Board

Around 1700 shareholders attended today's Annual General Meeting of Deutsche Lufthansa AG in Frankfurt. The activities of the members of the Executive Board and the Supervisory Board in the fiscal year 2017 have been formally approved by a large majority of shareholders.

At the same time, the shareholders elected the following members to the Supervisory Board with immediate effect: Herbert Hainer (Former Chairman of the Executive Board of adidas AG), Dr. Karl-Ludwig Kley (Chairman of the Supervisory Board of E.ON SE), Carsten Knobel (Member of the Executive Board and CFO of Henkel AG & Co. KGaA), Martin Koehler (Independent management consultant and former Head of Competence Center "Aviation" at Boston Consulting Group), Michael Nilles (Chief Digital Officer Schindler Group), Ambassador Miriam Sapiro (Managing Director Sard Verbinnen & Co) and Matthias Wissmann (President of the International Organization of Motor Vehicle Manufacturers OICA).

The shareholders approved the recommendation of the Executive Board and Supervisory Board to pay out a dividend of 0.80 EUR per share. This translates to a total payout of about 377 million euros and a dividend yield of 3.2 percent, based on the closing price of the Lufthansa share on the day before the Annual General Meeting. Since 2016, shareholders also have the option of having their dividends paid out in Lufthansa Group shares. The dividends will be paid out on 8 June 2018.

The shareholders have also voted to reappoint PricewaterhouseCoopers GmbH as annual auditor and Group auditor for fiscal year 2018. This also includes any audits that may be required during the year.

Finally, the shareholders also approved the amendment to the Articles of Association of Deutsche Lufthansa AG by a majority vote. The Articles of Association will be adapted to the changed legal and economic framework conditions, updated in terms of (editorial) content and made more comprehensive.

A total of six agenda items were up for a vote in the Annual General Meeting. The company’s shareholders approved all of them by a large margin.

Detailed information on the Annual General Meeting is available at https://investor-relations.lufthansagroup.com/en/veranstaltungen/annual-general-meeting/2018.html.