Telefonica Deutschland Holding AG

AGM Information • May 20, 2021

News Details

Corporate | 20 May 2021 14:48

Virtual Annual General Meeting of Telefónica Deutschland Holding AG resolves upon a dividend payment of EUR 0.18 per share for FY20

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): AGM/EGM/Dividend

20.05.2021 / 14:48

The issuer is solely responsible for the content of this announcement.

Munich, 20 May 2021

Virtual Annual General Meeting of Telefónica Deutschland Holding AG resolves upon a dividend payment of EUR 0.18 per share for FY20

Today, Telefónica Deutschland successfully held the company’s virtual annual general meeting for the financial year 2020 via webcast without the physical presence of shareholders or their proxies due to the ongoing COVID 19 restrictions. Shareholders were able to address their questions to the company in advance of the annual general meeting and pass resolutions on important topics such as the election of the supervisory board and the dividend for the financial year 2020.

CEO, Markus Haas, and CFO, Markus Rolle, provided information from the company’s headquarters in Munich about a successful start to the company’s growth era. The business model is proving resilient while not immune to the global COVID 19 impacts. The company intends to build on this growth momentum in the financial year 2021 and focuses on strategy execution.

At the virtual annual general meeting, the shareholders approved a dividend of EUR 0.18 per share for FY20 with 99.7% of the votes of the capital present. This corresponds to a dividend distribution of around EUR 535 million.

Stefanie Oeschger and Ernesto Gardelliano were elected as members of the supervisory board with a large majority. The shareholders also voted by a large majority to discharge the members of the management board and the supervisory board for the financial year 2020 as well as to approve the respective remuneration policy for the two bodies. PricewaterhouseCoopers GmbH was re-elected as (group) auditor.

The annual general meeting also approved new authorised capital. This is purely an anticipatory resolution to maintain the company’s financial flexibility; currently there are no specific plans regarding its utilisation.

The presence of shareholders at the virtual annual general meeting was around 86%.

Further information:

Telefónica Deutschland

Investor Relations

Georg-Brauchle-Ring 50

D-80992 Munich

t +49 (0)89 2442-1010

f +49 (0)89 2442-2000

e ir-deutschland@telefonica.com

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20.05.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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Language:	English
Company:	Telefónica Deutschland Holding AG
	Georg-Brauchle-Ring 50
	80992 München
	Germany
Phone:	+49 (0)89 24 42 0
Internet:	www.telefonica.de
ISIN:	DE000A1J5RX9
WKN:	A1J5RX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1198957

MDAX TecDAX

End of News	DGAP News Service