TUI AG Annual Shareholders Meeting Transcript
Ladies and gentlemen, my name is Dieter Zetsche as Chairman of the Supervisory Board, I hereby open the Annual General Meeting of the TUI AG and take over the chairmanship in accordance with the status. I would like to welcome our shareholders and shareholder representatives as well as the representatives of the press. The general meeting will be held as a virtual general meeting without the physical presence of the shareholders and their proxies. Only the proxies of the company appointed by the shareholders to exercise voting rights are present here. The Executive Board has decided that with the consent of the Supervisory Board pursuant to Section 118A of the German Stock Corporation Law Section 26 and paragraph 1 of the introductory act to the German Stock Corporation Law.
By way of introduction, please allow me to explain once again why the Executive Board and the Supervisory Board decided to use this new virtual format this year. We were aware that there is a lot of discussion about new format itself and its concrete design. There are critics and supporters, and it is difficult to
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