Karlsruhe. The annual general meeting of EnBW Energie Baden-Württemberg AG exonerated the Board of Management and the Supervisory Board.
The shareholders of EnBW Energie Baden-Württemberg AG further adopted a resolution to distribute a dividend of € 0.85 per entitled share. Based on the shares entitled to dividends, the distribution totals € 207.6 million. The distribution rate comes to 32.0% of adjusted group net profit.
With its resolution, the annual general meeting approved the proposal submitted by the Board of Management and the Supervisory Board. The EnBW share is listed on the Frankfurt and Stuttgart stock exchanges.
Furthermore, the shareholders of EnBW passed a resolution to create authorised capital of a maximum amount of € 100,000,000.00, the prerequisite for the planned capital increase of around € 800 million. The shareholders also authorised the Board of Management, subject to the approval of the Supervisory Board, to decide on the content of the respective share rights and the conditions of share issue as well as to determine the details concerning performance of the capital increase.
The following persons were confirmed as members of the Supervisory Board and elected for the period up until the end of the annual general meeting passing a resolution to exonerate the members of the Supervisory Board for the fiscal year 2015:
a) Mr. Günther Cramer, Kassel, chairman of the supervisory board of SMA Solar Technology AG with its registered office in Niestetal
b) Ms. Silke Krebs, Stuttgart, minister at the state ministry of the state of Baden-Württemberg
c) Dr. Nils Schmid, Nürtingen, deputy prime minister and minister of finance and economy of the state of Baden-Württemberg and member of the state parliament of Baden-Württemberg