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 04, 2023 / 08:00AM GMT

Release Date Price: $241.76 (-1.53%)

Transcript

Michael Diekmann

Allianz SE - Independent Chairman of Supervisory Board

Good morning, ladies and gentlemen. May I introduce myself, my name is Michael Diekmann and as the Chairman of the Supervisory Board, I open the Annual General Meeting 2023 of Allianz SE.

Dear shareholders, on behalf of the entire Supervisory Board and the Board of Management, I would like to welcome you accordingly to the Annual General Meeting. With the approval of the Supervisory Board, the Board of Management has decided to hold the Annual General meeting in virtual format again this year that is without the shareholders or their representatives physically present at the meeting venue. I will explain the reasons for this at the beginning of my speech.

Last year, the German legislator revised the laws that govern virtual general meetings based on the experiences gained with virtual general meetings held under the conditions of the pandemic in the past 3 years. And when introducing the new virtual general meeting, it was the German legislator's objective to create a full-fledged and stand-alone meeting format

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