March 31, 2021 - At the virtual Annual General Meeting of Daimler AG, the shareholders approved the management’s proposals with an overwhelming majority. Bernd Pischetsrieder succeeds Manfred Bischoff as the Chairman of the Supervisory Board.
The main results at a glance
Dividend per share
Ratification of Board of Management actions
Ratification of Supervisory Board actions
Share capital represented
viewers on the internet (rounded)
The dividend was paid out on April 7, 2021 to all shareholders who held shares in Daimler AG on March 31, 2021.
Daimler is pressing ahead with its structural realignment and the acceleration of a shift to electric mobility
This year Mercedes-Benz Cars is significantly expanding its offering of fully electric vehicles: The compact electric model EQA will be followed shortly by the EQS (WLTP range of up to 770 km) and the EQB as well as the EQE later this year. Also, Mercedes-Benz Vans will enrich the portfolio with electric vehicles: before the end of the year concepts for an electrified Citan and the T-Class will be presented.
Daimler Trucks & Buses is also focusing on CO2-neutral passenger and goods transportation: Series production of the eActros, which has a range of well over 200 kilometers and is suitable for urban heavy goods and distribution transport, will start in fall this year. For longer distances with a range of about 500 kilometers, the eActros LongHaul is being developed for market launch as of 2024. In addition, fuel-cell trucks are scheduled to go into series production in the second half of the decade. With the buses, the eCitaro and the articulated eCitaro are two vehicles already available for CO2-neutral urban transport.
A prerequisite for the breakthrough of electric mobility is an efficient public charging infrastructure which expands to keep pace with the electric ramp-up of manufacturers. To meet the European Commission’s CO2 targets, Europe needs three million public charging points by the end of the decade.
Project Focus offers potential
In order to utilize the full potential of the two industrial divisions during the industrial transformation and to create sustainable value, the Board of Management and Supervisory Board decided in February 2021 to initiate a fundamental change to the Group’s structure:
Daimler intends to spin off Daimler Truck and list it on the stock exchange. It is planned to transfer a significant majority stake in Daimler Truck to the Daimler shareholders. The transaction and the listing of Daimler Truck on the Frankfurt Stock Exchange are expected to be completed by the end of 2021. It is also intended to rename Daimler as Mercedes-Benz in due course. The planned spin-off will be under voting at an Extraordinary General Meeting which is planned to take place in autumn of 2021.
Changes in the Supervisory Board
The Supervisory Board on Wednesday elected a new Chairman at its constituent meeting following the virtual regular Annual General Meeting on the 2020 financial year. Bernd Pischetsrieder succeeds Manfred Bischoff, who is stepping down from the Supervisory Board at his own request after 14 years as Chairman.
The shareholders elected Elizabeth Centoni, Chief Strategy Officer and General Manager of Applications at Cisco Systems, Inc., Ben van Beurden, CEO Royal Dutch Shell plc, and Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, to the Supervisory Board by a large majority. They succeed Petraea Heynicke and Jürgen Hambrecht, who are also stepping down from the Supervisory Board along with Manfred Bischoff.
Video introduction of Supervisory Board candidates
- Ben van Beurden
- Elizabeth Centoni
- Martin Brudermüller
Documents for the Annual General Meeting 2021
Please klick on the modules with + to see all documents and details for the Annual General Meeting.
Agenda Item 1:
You will find the following information in our Annual Report 2020:
- Consolidated Financial Statements for the financial year 2020 (p. 154-252)
- Report of the Supervisory Board (p. 14-20)
- Remuneration Report (p. 89-109)
- Combined Management Report for Daimler AG and the Group (p. 36-135)
- Explanatory report on the information required pursuant to Section 315a Subsection 1 and Section 289a Subsection 1 of the German Commercial Code (HGB) (p. 110-113)
- Declaration on Corporate Governance (p. 140-153)
- Non-financial declaration for the Company and the Group (p. 72-87)
- List of investments pursuant to Section 285 and Section 313 of the German Commercial Code (HGB) (p. 243-252)
Agenda Item 6
Agenda Items 7, 8 and 9
Below you will find all countermotions and election proposals from shareholders within the meaning of sections 126, 127 of the German Stock Corporation Act (Aktiengesetz) relating to the items on the agenda of the Annual Meeting 2021 which are to be made accessible and the position of the management.
After this Annual General Meeting, Dr. Manfred Bischoff’s mandate as Chairman of the Supervisory Board of Daimler AG has ended.