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ottobre 01, 2021 - Daimler

Overwhelming majority of shareholders in favour of spin-off of Daimler Truck and renaming of Daimler AG

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  • Extraordinary General Meeting votes for historic realignment
  • First stock-exchange listing of #daimler #truck Holding AG planned by end of 2021
  • Renaming of #daimler AG as Mercedes-Benz Group AG as of 1 February 2022
  • Participation: 56.45% of capital stock represented

Stuttgart (Germany) – At the virtual Extraordinary General Meeting of #daimler AG (ticker symbol DAI) on 1 October 2021, the shareholders decided by an overwhelming majority on the historic realignment of the company. The spin-off of the #truck and bus business and the subsequent listing of #daimler #truck Holding AG as an independent company on the Frankfurt Stock Exchange were approved by 99.90% of the capital stock represented for the resolution.

Furthermore, the shareholders approved also with an overwhelming majority of 99.89% of the votes cast the renaming of #daimler AG as Mercedes-Benz Group AG effective as of 1 February 2022. The new name emphasises the future focus on cars and vans of the brands Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach and Mercedes-EQ. The two measures must now be entered in the Commercial Register. Both companies can then create decisive value added for all stakeholders.

Two current members of the #daimler Supervisory Board, Marie Wieck and Joe Kaeser, will step down from their positions and join the Supervisory Board of #daimler #truck Holding AG. As their successors in the Supervisory Board of #daimler AG, the shareholders elected Helene Svahn with a majority of 99.34% and Olaf Koch with a majority of 98.60%. Around 3,000 viewers followed the virtual Extraordinary General Meeting on the Internet. A total of 56.45% of the share capital was represented.

Further information at: www.daimler.com/focus/