Shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on increased dividend for 2018
At the Annual General Meeting 2019, the shareholders of Volkswagen Aktiengesellschaft voted by a majority of 99.98 percent to approve the recommendation of the Board of Management and the Supervisory Board to pay a dividend of 4.80 (3.90) EUR per ordinary share and 4.86 (3.96) EUR per preferred share for fiscal year 2018. Approximately 2.4 billion (2.0 billion) EUR will therefore be distributed to shareholders. The ordinary shareholders deferred formal approval of the actions of Rupert Stadler for fiscal year 2018 on account of the still ongoing investigations into the diesel issue. The resolution on the formal approval of the actions of all other members of the Board of Management and the Supervisory Board who held office in 2018 was passed by 94.95 percent of the ordinary shareholders represented at the Annual General Meeting.
In addition, Dr. Hessa Sultan Al-Jaber, Dr. Hans Michel Piëch and Dr. Ferdinand Oliver Porsche were reelected as members of the Supervisory Board for a full term.