RWE AG (OTCPK:RWEOY)

$ 32.485 -0.815 (-2.45%) Market Cap: 24.16 Bil Enterprise Value: 27.28 Bil PE Ratio: 7.90 PB Ratio: 0.69 GF Score: 74/100

RWE AG Annual Shareholders Meeting (German) Transcript

Apr 28, 2021 / 08:00AM GMT

Release Date Price: $40.1 (-1.84%)

Transcript

Werner Brandt

RWE Aktiengesellschaft - Chairman of the Supervisory Board

Good morning, ladies and gentlemen. I declare open this year's AGM of RWE AG and would like to welcome you very warmly on behalf of the Executive Board and the Supervisory Board. I would like to extend special greetings to our shareholders and shareholder representatives, the representatives from the media and all other guests who are following the AGM today on the Internet.

Ladies and gentlemen, the coronavirus pandemic is continuing. Large events, similar to an AGM with physical attendance, are not possible. The Executive Board with the approval of the Supervisory Board decided to hold today's AGM, just like the regular AGM of 2020 as a virtual annual general meeting without physical presence of the share or their proxies.

We are making use of the possibility given to us by the legislator through the so-called COVID-19 Act, which is still valid until the end of 2021. Within the scope of the specifications of this law and what is technically feasible, we intend to implement the rights of our shareholders in the

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