Allianz SE (OTCPK:ALIZF)

$ 315.15 12.14 (4.01%) Market Cap: 118.77 Bil Enterprise Value: 138.26 Bil PE Ratio: 11.91 PB Ratio: 2.03 GF Score: 78/100

Allianz SE Annual Shareholders Meeting Transcript

May 06, 2020 / 08:00AM GMT

Release Date Price: $176.99 (-2.22%)

Transcript

Michael Diekmann

Allianz SE - Independent Chairman of Supervisory Board

Ladies and gentlemen, as the Chairman of the Supervisory Board, I hereby open the Annual General Meeting 2020 of Allianz SE. On behalf of the Supervisory Board and the Board Management, I would like to welcome all the shareholders following us today on the Internet.

The Board Management and the Supervisory Board together decided to seize the opportunity created by the regulator for the extraordinary situation this year to perform an AGM without the personal presence of shareholders. And this gives us the opportunity to stick to the previously announced date of this year's AGM, and you can therefore also decide about our dividend proposal.

We all understand that with this type of AGM, there can be no true discussion. And that's why we've decided to take out 2 items of the agenda compared to the initial invocation to this AGM in today's virtual AGM. These are the agenda points dealing with the compensation systems of the Board of Management and the Supervisory Board, we've postponed these 2 agenda items to next year

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