Commerzbank Annual General Meeting approves all items on agenda - Seite 2

The shareholders voted as follows on the further key items on the agenda:

Ratification of actions (items 3 and 4)
The AGM ratified the Board of Managing Directors’ actions with a majority of between 95.76% and 96.39%. The AGM further ratified the Supervisory Board’s actions with a majority of between 95.38% and 99.89%.

Approval of remuneration report (item 6)
The AGM approved the remuneration report for the last financial year with a majority of 93.69%.

Amendments to articles of association to the Financing for the Future Act (item 9)
Furthermore, the proposal to create a basis for electronic shares by amending the articles of association was adopted with 99.97%. Commerzbank is not yet planning to switch to electronic shares. However, with the amendment to the articles of association, the Bank is reacting in a forward-looking manner to the Financing for the Future Act (“Zukunftsfinanzierungsgesetz”), which came into force at the end of 2023. It contains, among other things, regulations that enable public limited companies to issue electronic shares.

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

Press contact
Silvana Herold  [phone]
Svea Junge  [phone]
Sina Weiß  [phone]

Investors’ contact
Jutta Madjlessi  [phone]
Ute Sandner  [phone]

About Commerzbank
Commerzbank is the leading bank for the German Mittelstand. In addition, the Bank is a strong partner for around 25,500 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% of Germany’s foreign trade and is present internationally in more than 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 a business relationship to Germany, Austria, or Switzerland 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 5.8 million private and corporate customers, predominantly in Poland, as well as in the Czech Republic and Slovakia.