12.05.2023
Erste Group Bank AG’s AGM resolves dividend of EUR 1.90 per share
- Discharge granted to Management Board and Supervisory Board members
- Christiane Tusek newly elected to Supervisory Board, Friedrich Santner and András Simor re-elected
- Supervisory Board now consists of an equal number of women and men among shareholder representatives
Erste Group Bank AG’s 30th Annual General Meeting (AGM) took place on 12 May 2023. Shareholders approved the proposal from the Management Board and the Supervisory Board for a dividend payout of EUR 1.90 per share for the 2022 financial year, with 100% of the capital stock present voting in favor. The AGM granted discharge for the reports and activities of the Management Board members with a vote of 97.77 % of the capital stock present. Similarly, the reports and activities of the Supervisory Board members were approved by a vote of 96.68 %.
Supervisory Board elections
Shareholders approved the election of one new member to the Supervisory Board: Christiane Tusek, the Vice Rector of Johannes Kepler University Linz. Tusek will contribute her extensive experience in accounting and finance matters especially to the work of the Supervisory Board’s Audit Committee. Shareholders also approved the re-election of two existing Supervisory Board members, Friedrich Santner and András Simor.
The newly constituted Supervisory Board (when taking into consideration only shareholder representatives) thus now consists of a total of 14 members, who are equally split between females and males. The Works Council has delegated seven members to the Supervisory Board as employee representatives.
Additional resolutions and updates
All other resolutions that had been put forward at the AGM were similarly approved by large majorities of the shareholder votes, including an amendment to the Articles of Association and authorizations for the acquisition of own shares.
Full details for the AGM, including the results for the shareholder votes on individual proposals, are available on the Erste Group website. The website will also host a video stream of the AGM until 15 May 2023: https://www.erstegroup.com/en/investors/events/agm/agm2023