Voting results of the Annual General Meeting of the Munich Reinsurance Company on 20 April 2011
At the 124rd Annual General Meeting of shareholders on 20 April 2011 held at the ICM – International Congress Center München – 45.4% of the share capital entitled to vote was represented. Voting on the agenda items was as follows.
| Item 2 |
| Resolution on the appropriation of the net retained profits from the financial year 2010 - accepted |
| Shares for which valid votes were cast (= 42.75% of the share capital) |
80,561,318
|
| Yes votes: |
80,549,839
|
| No votes: |
11,479
|
| Management proposal adopted with 99.99% in favour. |
| Item 3 |
| Resolution to approve the actions of the Board of Management - accepted |
| Shares for which valid votes were cast (= 42.63% of the share capital) |
80,343,416
|
| Yes votes: |
80,296,400
|
| No votes: |
47,016
|
| Management proposal adopted with 99.94% in favour. |
| Item 4 |
| Resolution to approve the actions of the Supervisory Board - accepted |
| Shares for which valid votes were cast (= 41.57% of the share capital) |
78,352,707
|
| Yes votes: |
78,286,669
|
| No votes: |
66,038
|
| Management proposal adopted with 99.92% in favour. |
| Item 5 |
| Resolution to approve the remuneration system for the Board of Management - accepted |
| Shares for which valid votes were cast (= 42.48% of the share capital) |
80,060,687
|
| Yes votes: |
71,890,362
|
| No votes: |
8,170,325
|
| Management proposal adopted with 89.79% in favour. |
| Item 6 |
| Resolution to appoint a member of the Supervisory Board - accepted |
| Shares for which valid votes were cast (= 42.36% of the share capital) |
79,836,181
|
| Yes votes: |
79,587,520
|
| No votes: |
248,661
|
| Management proposal adopted with 99.69% in favour. |
| Item 7 |
|
Resolution to authorise the buy-back and utilisation of own shares as well as the option to exclude subscription and tender rights - accepted
|
| Shares for which valid votes were cast (= 41.82% of the share capital) |
78,826,054
|
| Yes votes: |
76,886,358
|
| No votes: |
1,939,696
|
| Management proposal adopted with 97.54% in favour. |
| Item 8 |
|
Resolution to authorise the buy-back of own shares using derivatives as well as the option to exclude subscription and tender rights - accepted
|
| Shares for which valid votes were cast (= 41.61% of the share capital) |
78,414,414
|
| Yes votes: |
76,195,369
|
| No votes: |
2,219,045
|
| Management proposal adopted with 97.17% in favour. |
| Item 9 |
|
Resolution to cancel the existing authorisation for increasing the share capital under “Authorised Capital Increase 2006”, to replace this with a new authorisation “Authorised Capital Increase 2011” for the issue of employee shares, and to make the relevant amendments to the Articles of Association - accepted
|
| Shares for which valid votes were cast (= 42.44% of the share capital) |
79,984,811
|
| Yes votes: |
79,830,382
|
| No votes: |
154,429
|
| Management proposal adopted with 99.81% in favour. |
