At the Annual Meeting of Daimler AG in Berlin on Wednesday, April 13, 2011, the company’s shareholders approved the payout of a dividend of €1.85 for the year 2010 (2009: €0.00). US shareholders receive a gross dividend of 2.66 USD (net of German withholding tax: 1.96 USD) per share.
The total dividend distribution amounts to approximately €2 billion.
The Annual Shareholders’ Meeting also elected the existing Chairman of the Supervisory Board, Dr. Manfred Bischoff, as a member of that board for an additional five years. Furthermore, Petraea Heynike was elected to the Supervisory Board as successor to Dr. Manfred Schneider for a period of five years, and Lynton R. Wilson was elected to the Supervisory Board for an additional two years. In the Supervisory Board meeting following the Annual Shareholders’ Meeting, Dr. Bischoff was once again elected as the Chairman of the Supervisory Board of Daimler AG.
The actions of the members of the Board of Management were ratified with a majority of 99.71% and the actions of the members of the Supervisory Board were ratified with a majority of 99.67%. The Annual Meeting approved the system of remuneration for the members of the Board of Management and decided on an adjustment of Supervisory Board remuneration.
This year’s Annual Meeting at the Berlin Messe exhibition center was attended by approximately 5,100 shareholders (2010: 4,700). 43.26% of the shareholders’ voting rights were represented.
The dividend will be paid out on April 14, 2011 to all shareholders who held Daimler shares on April 13, 2011.