Significantly higher dividend payment for 2016 than in previous year
New remuneration system for Group Board of Management and for Supervisory Board members approved
The shareholders of Volkswagen Aktiengesellschaft will be paid a dividend of 2.00 (prior year: 0.11) EUR per ordinary share and 2.06 (0.17) EUR per preferred share for fiscal year 2016. The shareholders represented at the Annual General Meeting in Hanover voted by a majority of 99.99 percent to approve the recommendation of the Board of Management and the Supervisory Board. Approximately 1.0 billion EUR will therefore be appropriated from the net profit of Volkswagen Aktiengesellschaft.
In addition, the resolution on the formal approval of the actions of the members of the Board of Management and the Supervisory Board for fiscal year 2016 was passed by 92.53 percent of the ordinary shareholders represented at the Annual General Meeting.
Furthermore, the Annual General Meeting approved the new remuneration system for the Board of Management and also passed the resolution on the reorganization of the system for remuneration for the Volkswagen Supervisory Board.