Erste Group Bank AG. (XPRA:ERBAG)
Kč 1335 20 (1.52%) Market Cap: 524.78 Bil Enterprise Value: 739.28 Bil PE Ratio: 6.75 PB Ratio: 0.89 GF Score: 65/100
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Erste Group Bank AG Annual Shareholders Meeting Transcript

Nov 10, 2020 / 09:00AM GMT
Release Date Price: Kč562.4 (+3.19%)
Friedrich RÃ;dler
Erste Group Bank AG - Chairman of the Supervisory Board

¶ -

Good morning, ladies and gentlemen. Yes, the pandemic has changed our lives and the way we work. I very much regret that today's AGM can only be conducted in a virtual manner, and we can only present ourselves via the Internet.

I herewith open the 27th Annual General Meeting of Erste Bank -- Erste Group Bank AG. I take the chair. In accordance with Section 116 Paragraph 1 of the Stock Corporation Act, in order to protect shareholders and other participants, the management board decided to make use of the new legal provision permitting the conduct of virtual annual general meetings. Today's AGM is, therefore, taking place as a virtual AGM within the meaning of the Corporate COVID-19 Act and the corporate COVID-19 regulation. With due consideration given to the interests of the company and the participants, the AGM is being webcast in its entirety. I welcome the shareholders of our company who are following the AGM on the Internet and our guests.

Holding the AGM as a virtual general meeting in

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