Lufthansa Holds 73rd Annual General Meeting in Frankfurt

Lufthansa Annual General Meeting Discusses Dividend and Board Elections

Deutsche Lufthansa AG held its 73rd Annual General Meeting today at the Frankfurt Trade Fair as an in-person event attended by shareholders and company representatives.

The meeting agenda includes nine items, among them the appropriation of retained earnings and proposals related to the company’s capital structure and Supervisory Board appointments.

Lufthansa has proposed a dividend of €0.33 per share for shareholders. According to the company, this represents a payout ratio of 30 per cent of the Group’s net profit and a dividend yield of four per cent based on the year-end closing price of Lufthansa shares.

The agenda also includes elections to the Supervisory Board. Proposed candidates include Dr Johannes Teyssen, former Chairman of the Executive Board and CEO of E.ON SE, and Wolfgang Nickl, Member of the Executive Board and CFO of Bayer AG.

In addition, shareholders are voting on the re-election of Karl Gernandt, Chairman of the Board of Directors of Kühne Holding AG, to the Supervisory Board.

Other topics under discussion include the repeal and creation of a new Authorised Capital A as well as a new Conditional Capital framework.

The Annual General Meeting began at 10:00 a.m. local time in Frankfurt.

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