Commerzbank AG Commerzbank AG

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April 20, 2016

Commerzbank Annual General Meeting – overview of voting results

  • Board of Managing Directors and Supervisory Board discharged
  • Dividend distribution of €0.20 for each share with dividend entitlement decided

The shareholders voted as follows on the fundamental items on the agenda:

Resolution on the use of the profit shown on the balance sheet (item 2)

The profits reported on the annual financial statements for the fiscal year 2015 totalled approximately €846.7 million. The Annual General Meeting has voted, as proposed by the Board of Managing Directors and the Supervisory Board, that approximately €250.5 million of the profit will be used for the payment of a dividend of €0.20 per share with dividend entitlement. The remaining sum of approximately €596.2 million will be allocated to the revenue reserves. The resolution was passed with a majority of 99.68%.

Discharge (items 3 and 4)

The members of the Board of Managing Directors and Supervisory Board were discharged with a majority of 99.85% and 99.81%, respectively.

Compensation for the Supervisory Board (item 7)

The Annual General Meeting has approved item 7 with 96.47%. Therefore, the compensation for the Supervisory Board will be changed to a purely fixed compensation. This reflects the development of the German Corporate Governance Code. The amount of the compensation will be adjusted in line with the increased level of responsibility and the large workload associated with the office.

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