At Fraport AG’s ordinary Annual General Meeting (AGM), which was held today (June 1) in a virtual-only format again, shareholders approved all agenda items.
Shareholders ratified the actions of the company’s executive and supervisory boards for fiscal year 2020 (ending Dec 31), by 99.81 percent and 98.25 percent respectively.
• Live-stream AGM followed by some 1,160 participants
• Creation of authorized and conditional capital approved
Furthermore, shareholders elected Sonja Wärntges, CEO of DIC Assets AG, to Fraport’s supervisory board (with 99.61 percent of the votes). Ms. Wärntges has already been a Fraport supervisory board member since October 2020, following her appointment by court order.
Shareholders also approved the creation of authorized (97.62 percent) and conditional capital (90.92 percent) to provide the company with an even broader range of financing options in the future – however, Fraport currently does not plan to use these options.
More than 1,160 participants followed this year’s live-stream AGM. 73.02 percent of Fraport AG’s capital stock were represented.
Fraport supervisory board chairman Michael Boddenberg, who also serves as the State of Hesse finance minister, officially opened the AGM at 10:00 a.m. and concluded the proceedings at 13:19 p.m.