Airbus shareholders approve resolutions in 2020 annual general meeting

Airbus SE has announced shareholders approved all resolutions of its 2020 Annual General Meeting (AGM), including the election of two new directors, the company said.

Shareholders showed a high level of voting and strong engagement despite the COVID-19 situation, with 575 million votes expressed, up 5% compared to the 2019 AGM and representing around 74% of the outstanding share capital.

Airbus announced it was withdrawing a voting item from the original AGM agenda related to the proposed payment of the 2019 dividend. The withdrawal of the dividend proposal was one of a number of measures announced by the Company to bolster liquidity and its balance sheet in response to the COVID-19 crisis.

Shareholders approved the proposed remuneration policy, which includes the introduction of a sustainability component. This is in line with market best practices and is designed to reinforce alignment between the Company´s strategy, its values and the remuneration structure.

Airbus is a global provider of aeronautics, space and related services. In 2019, it generated revenues of EUR 70 billion and employed a workforce of around 135,000.