Upcoming Annual General Meeting 2024 on our website - shareholders to cast ballots for a proposed 50% surge in dividends
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has announced that its Annual General Meeting (AGM) will be held in a virtual format on May 16, 2024. The meeting can be accessed via the bank's website agm.our website.
The agenda for the AGM, which comprises 9 items in total, was published in the German Federal Gazette (Bundesanzeiger) and on the bank's website on March 26, 2024. The proposed dividend is in line with the bank's ambition to distribute around €8 billion of capital to shareholders in respect of the financial years 2021 to 2025.
The Management Board and Supervisory Board have proposed a cash dividend of €900 million for the financial year 2023, an increase of 50% compared to the 2022 dividend of €0.30 per share. A new goal for a dividend of €1.00 per share in respect of the year 2025 has also been proposed.
The virtual AGM 2024 will provide extensive opportunities for shareholder questions and contributions. The speeches of the Chairman, Alexander Wynaendts, and Chief Executive Officer, Christian Sewing, will be published on the bank's website by midnight (CEST) on Wednesday, May 8, 2024.
Shareholders who register by midnight (CEST) on May 10, 2024, can participate online via the access-protected shareholder portal. Shareholders can register for the AGM until the same deadline. Shareholders have the right to submit statements on the agenda items in text form by means of electronic communication by no later than midnight (CEST) on Friday, May 10, 2024.
The bank will publish its responses to pre-submitted questions on the website at agm.our website no later than midnight (CEST) on May 14, 2024. The virtual AGM 2024 will be publicly broadcast on the internet, including the general debate and voting results.
While no direct information on Deutsche Bank’s AGM 2024 virtual participation was found in the search results, standard virtual AGM procedures involve shareholder registration, authentication, remote voting, and online participation. For precise details, shareholders should consult the official Notice of Meeting document published by Deutsche Bank on their investor portal or exchange disclosures.
The new Management Board compensation system, which aligns compensation closer to shareholders' long-term interests, has been in use since January 1, 2024. The details on the interactive options for the AGM are included in the Invitation to the AGM, which can be downloaded from agm.our website. The bank encourages all shareholders to participate in this important event.
- The agenda for the virtual Annual General Meeting (AGM) of Deutsche Bank, including financial matters and future business strategies, is available on the bank's website at .
- For the AGM 2024, Deutsche Bank will leverage technology to facilitate remote sharingholder registration, online voting, and live streaming of the event, as is common in virtual AGMs.
