Telefonica Deutschland Holding AG

AGM Information • May 17, 2018

News Details

Corporate | 17 May 2018 14:11

Telefónica Deutschland Holding AG: Telefónica Deutschland Annual General Meeting resolves cash dividend of EUR 773 million for the financial year 2017

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

17.05.2018 / 14:11

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

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Munich, 17 May 2018

Telefónica Deutschland Annual General Meeting resolves cash dividend of EUR 773 million for the financial year 2017

At today’s Annual General Meeting of Telefónica Deutschland Holding AG in the hotel Hilton Tucherpark in Munich the shareholders approved with a large majority the payment of a dividend of EUR 0.26 per share for the financial year 2017. As part of the resolutions the shareholders approved the proposal of the management board and the supervisory board for the distribution of the profits of the year with a majority of 99.94%. The company will therefore distribute a cash dividend in the amount of EUR 773 million to its shareholders.

The shareholders also agreed with a large majority to the discharge of the members of the management board and the supervisory board for the financial year 2017 and the appointment of PricewaterhouseCoopers GmbH as auditor. Julio Estebán Linares Lópes was elected as a shareholder representative to the supervisory board of the company.

Also, the resolutions for the approval of the control agreement between Telefónica Deutschland Holding AG and Telefónica Germany Management GmbH as well as the increase of capital from company funds, a subsequent ordinary capital reduction including the reduction of the conditional capital and the related amendments to the articles of association were passed with the majority of the general meeting.

The presence rate at the Annual General Meeting was approximately 94% of the share capital.

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17.05.2018 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 23-25
	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

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