The health of our shareholders and our employees has top priority for us, to which other interests must currently subordinate. We therefore made use of the temporary legal opportunity to hold the Annual General Meeting on the originally scheduled date but in the form of a purely virtual meeting without physical presence of shareholders or their representatives to avoid a large convention of people.

The Annual General Meeting was held on Wednesday, May 6, 2020, at the company's headquarters. As always, the entire Annual General Meeting was broadcast live on the internet for our shareholders. 

The opening of the Annual General Meeting by the Chairman of the Supervisory Board, Michael Diekmann, and the report of the Chairman of the Board of Management, Oliver Bäte, were broadcast publicly. 

The Annual General Meeting of Allianz SE took place on May 6, 2020 as purely virtual Annual General Meeting at the company’s headquarters in Munich.

The Annual General Meeting accepted all resolutions with a high level of approval. 

Besides the approval of the payment of a dividend of 9.60 euros per share and the approval of the actions of the members of the Board of Management and the Supervisory Board, the agenda included the approval of the control and profit transfer agreement between Allianz SE and Allianz Africa Holding GmbH. 

At the time the attendance was announced, a total of 184,546,730 shares and the equivalent number of voting rights were represented at the Annual General Meeting. This corresponds to 44.24% of the capital stock.

The prior convocation of the physical Annual General Meeting from March 19, 2020 has been cancelled by publication in the Federal Gazette (Bundesanzeiger) on April 6, 2020. 

Given the extraordinary circumstances, the non-time sensitive agenda items included in the prior convocation as of March 19, 2020 have been omitted. The originally included agenda items 5 “Approval of the remuneration system for members of the Board of Management of Allianz SE” and 6 “Approval of the remuneration of the members of the Supervisory Board of Allianz SE” in fulfillment of the 2nd Shareholder Rights Directive (SRD II) will be presented to the Annual General Meeting 2021 for approval. Former agenda item 7 has thus become agenda item 5.

Understandably, we are currently receiving many questions from shareholders on how the actions taken to prevent the spread of the coronavirus and their economic impact will affect the Annual General Meeting and the dividend. We have therefore put together the answers to the most frequent questions for you.

The Annual General Meeting 2021 of Allianz SE will take place on May 5, 2021 in Munich.