EQS-News

Jens Weidmann new Chairman of Commerzbank’s Supervisory Board - Seite 3

Anticipatory resolutions on authorised and additional core capital (items 8 to 10)

The anticipatory resolutions on authorised capital as well as on authorised profit participation rights and other hybrid bonds which are recognised as additional Tier 1 capital (AT 1 capital) were revised. The anticipatory resolutions give the Board of Managing Directors the flexibility to adjust the Bank’s equity level to current requirements on short notice.

Amendment of the articles of association for virtual shareholders’ meetings (item 11)

The shareholders voted by a majority of 87.65% in favour of the proposal to include the possibility of virtual general meetings in the articles of association. This means that for AGMs until 31 May 2025, the Board of Managing Directors can also choose the virtual format without the physical presence of the shareholders or their representatives.

Further information on this year’s AGM is available on our website.

Press contact
Erik Nebel  [phone]
Kathrin Jones  [phone]

Investor contact
Jutta Madjlessi  [phone]
Michael Klein  [phone]

 

About Commerzbank

Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 26,000 corporate client groups and almost 11 million private and small-business customers in Germany. The Bank’s two Business Segments – Private and Small-Business Customers and Corporate Clients – offer a comprehensive portfolio of financial services. Commerzbank transacts approximately 30 per cent of Germany’s foreign trade and is present internationally in almost 40 countries in the corporate clients’ business. The Bank focusses on the German Mittelstand, large corporates, and institutional clients. As part of its international business, Commerzbank supports clients with German connectivity and companies operating in selected future-oriented industries. In the Private and Small-Business Customers segment, the Bank is at the side of its customers with its brands Commerzbank and comdirect: online and mobile, in the advisory centre, and personally in its branches. Its Polish subsidiary mBank S.A. is an innovative digital bank that serves approximately 5.7 million private and corporate customers, predominantly in Poland, as well as in the Czech Republic and Slovakia.