Bayer AG (WAR:BAY)
zł 104.7 -2.76 (-2.57%) Market Cap: 102.07 Bil Enterprise Value: 241.38 Bil PE Ratio: 0 PB Ratio: 0.66 GF Score: 58/100

Bayer AG Annual Shareholders Meeting Transcript

Apr 28, 2023 / 08:00AM GMT
Norbert Winkeljohann
Bayer Aktiengesellschaft - Independent Chairman of Supervisory Board

Ladies and gentlemen, as Chairman of the Supervisory Board of Bayer Aktiengesellschaft and also as Chairman of this meeting, I hereby officially open the ordinary AGM of the company.

I would like to extend a warm welcome to you, our shareholders, the shareholder representatives, the representatives of the media and all other viewers, who have accepted our invitation and are watching and listening to today's AGM via the Internet.

Ladies and gentlemen, we are once again holding this AGM as a virtual AGM. Last year, German lawmakers permanently enshrined the virtual AGM in the Stock Corporation Act as an equivalent alternative to the Annual General Meeting held in person. Compared to the AGMs held on the basis of the special legislation in place during the corona pandemic, the legislature has significantly extended shareholders' rights. These now correspond, as far as possible, to the shareholders' rights at the AGM held in person.

The new format of a virtual AGM provides for a direct

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