Volkswagen AG (OTCPK:VLKAF)
$ 91.58 -1.84 (-1.97%) Market Cap: 46.12 Bil Enterprise Value: 172.70 Bil PE Ratio: 3.45 PB Ratio: 0.23 GF Score: 81/100

Volkswagen AG Annual Shareholders Meeting Transcript

May 14, 2019 / 08:00AM GMT
Release Date Price: $168.3 (+0.62%)
Hans Dieter PÃ;tsch
Volkswagen AG - Chairman of Supervisory Board

¶ -

[Interpreted] Since the end of last year's ordinary AGM, the Supervisory Board, there have been changes in its composition. The legal side representatives on the Supervisory Board of the Volkswagen AG, Uwe Hück has resigned with effect of 8th of February 2019. The Registry Court Braunschweig pursuant to Section 104, Stock Corporation Act has appointed as a successor with effect on the 21st February 2019, Mr. Werner Weresch as member of the Supervisory Board of Volkswagen Aktiengesellschaft. Mr. Weresch is Chairman of the General and the group's Working Council of Porsche AG. We're looking forward to working with him.

Mr. Hück has left the Supervisory Board. I'd like to thank him on behalf of all of the Supervisory Board members for the good cooperation.

Pursuant to Section 11, subsection 2 of the Articles of Association of Volkswagen Aktiengesellschaft in addition, the term of office of the members of the Supervisory Board ends and this applies to Dr. Hessa Sultan Al-Jaber and Dr. Hans-Michel Piëch

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