The Annual General Meeting was convened as scheduled on March 19 by publication in the German Federal Gazette (Bundesanzeiger). It is our goal to hold the Annual General Meeting on May 6, 2020 as scheduled and to implement all proposed resolutions, including the proposed appropriation of profits, so that the dividend can be paid, as usual, on the third business day after the Annual General Meeting.
On March 28, 2020, the law to smoothen the impact of the COVID-19 pandemic in civil, insolvency, and criminal law has come into force. Part of this legislative package is aimed at allowing for an AGM without physical presence of shareholders or representatives to avoid gatherings of people provided that certain requirements are met. We already meet many of these requirements with our Annual General Meetings. The Board of Management and the Supervisory Board of Allianz SE will decide on the use of the options provided by this law this week (calendar week 14).
As of March 31, 2020