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.