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 TUI AG and assume the chairmanship in accordance with the Articles of Association, I would like to welcome our shareholders and shareholder representatives as well as the representatives of the press.
The Annual General Meeting will be held as a virtual annual general meeting without the physical presence of shareholders and their authorized representatives. Only the company proxies authorized by shareholders to exercise their voting rights are present. The Executive Board has decided this in accordance with Section 21 subsection 8, sentence one of the company's Articles of Association, having also agreed this with the Supervisory Board.
At this point, please allow me to explain why the Executive Board has once again decided to use the virtual format this year. We are aware that there is much debate about the virtual annual general meeting format. There are critics and supporters, and it is difficult
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