Infineon Technologies AG (OTCPK:IFNNY)
$ 33.55 0.13 (0.39%) Market Cap: 43.53 Bil Enterprise Value: 47.21 Bil PE Ratio: 19.31 PB Ratio: 2.29 GF Score: 96/100

Infineon Technologies AG Annual Shareholders Meeting Transcript

Feb 25, 2021 / 09:00AM GMT
Release Date Price: $42.14 (-3.46%)
Wolfgang Eder

Ladies and gentlemen, esteemed shareholders, I hereby open the ordinary shareholders' meeting of Infineon Technologies AG, which, since last year, we were one of the last companies to have an in-person AGM, will be held as a virtual AGM, which is a premier for us. Furthermore, I would also like to welcome all shareholder representatives, all shareholders, all representatives of the media and anyone else who has dialed into this live video feed. Against the backdrop of the unforeseeable development of the COVID-19 pandemic and the associated behavioral rules, the Management Board with the approval of the Supervisory Board decided to hold the AGM without in-person presence of the shareholders or their proxies as a virtual AGM. An in-person event, wouldn't be possible at any rate, and it would not be admissible from a legal point of view.

According to the articles of association, I shall Chair the current AGM of the company and in my capacity as Chairman of the Supervisory Board. It is taking place at the corporate headquarters at Am Campeon in Neubiberg in Germany. In addition to myself as

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