@Daimler: Voting Results of the Annual General Meeting of Mercedes-Benz Group AG on May 3, 2023

  • New member: Industry expert Stefan Pierer to join Supervisory Board
  • Successor proposed: Martin Brudermueller put forward by Bernd Pischetsrieder as candidate to succeed him as chairman of the Supervisory Board
  • Shareholder approval: Actions of the Board of Management and Supervisory Board endorsed
  • Dividend increased: Shareholders approve €5.20 per share (previous year: € 5.00) proposed
  • Representation: 15% of the share capital

The shareholders of Mercedes-Benz Group AG (ticker symbol: MBG) approved all of the items on the agenda of the Annual General Meeting.

Bernd Pischetsrieder will, following the expiration of his current mandate as Chaiman of the Supervisory Board of Mercedes-Benz Group AG, not make himself available for a further term of office. His term ends at the end of the Annual General Meeting next year (2024). In keeping with long-term orderly succession planning, Bernd Pischetsrieder has already proposed Martin Brudermueller as his successor for the post of Chairman of the Supervisory Board at the constituent meeting of the Supervisory Board today. An election will take place at the constituent Supervisory Board meeting after the 2024 Annual General Meeting.

Since 2018, Dr. Martin Brudermueller is the Chairman of the Board of Executive Directors of BASF SE. He is responsible for the divisions Corporate Legal, Compliance & Insurance, Corporate Development, Corporate Communications & Government Relations, Corporate Human Resources, Corporate Investor Relations, Senior Project Net Zero Accelerator. He started his career with BASF in 1988. Since 2006, he has been a member of the Board of Executive Directors in various roles, including Chief Technology Officer and Member of the Executive Board responsible for the Asia-Pacific region, based in Hong Kong.

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