TUI AG’s 50th Ordinary Annual General Meeting was opened at around 10.30 a.m. this morning by Dr Jürgen Krumnow, Chairman of the Group’s Supervisory Board. At the beginning of the AGM, convened at the Hanover Congress Centre, around 2000 shareholders, shareholder representatives and guests were present. Initial attendance thus accounted for 68.96 per cent of the capital stock (previous year: 71.7 per cent).
The agenda comprises 15 items. Following the presentation of the approved annual financial statements as at 31 December 2008, the approved consolidated financial statements, the combined management and Group management report as well as the report of the Supervisory Board, the resolutions on the ratification of the actions of the Executive Board and Supervisory Board will be adopted. Under agenda item 5, the Annual General Meeting will take a resolution on the proposed change in the financial year from the calendar year to the tourism year (1 October until 30 September). Under agenda item 10, elections to fill vacancies on the Supervisory Board will be held. Finally, upon a shareholder’s request, resolutions will be adopted under agenda items 11 to 15 on the dismissal of Supervisory Board members and, if necessary, election of new Supervisory Board members as well as two special audit motions.
1,310 characters