Infineon’s Annual General Meeting Approves the Actions Taken in the Previous Year by the Management and Supervisory Boards – Present Supervisory Board Members Confirmed, Peter Bauer and Dr. Herbert Diess Newly Elected – Dividend of 0.18 Euro Per Share
Munich, Germany – February 12, 2015 – At the 15th Annual General Meeting, the shareholders of Infineon Technologies AG decided respectively by a large majority to grant approval for the actions of the Management Board and the Supervisory Board in the previous year. In addition, they approved the payment of a dividend in the amount of Euro 0.18 per dividend-entitled share. Compared to the previous year, this is a raise of Euro 0.06 per share. The dividend payment, therefore, amounts to about Euro 200 million for the financial year 2014.
About 3,100 participants attended the shareholders’ meeting at the International Congress Center in Munich today. Altogether, 53.41 percent of the share capital was represented of Infineon.
Ten agenda items were up for voting, among them the composition of the Supervisory Board. The committee was extended from twelve presently to 16 members. On the capital side, the general shareholders’ meeting confirmed the six Supervisory Board Members who have been in office until now, as well as the two candidates who put their names on the ballot for the first time: Peter Bauer, presently the Chairman of the Supervisory Board at Osram Licht AG and until 2012, Chairman of the Management Board at Infineon, as well as Dr. Herbert Diess, Member of the Management Board of BMW AG for many years and designated Group Management Board member of Volkswagen AG. The expansion of the Supervisory Board of Infineon was required by law, as Infineon Technologies AG and its German group companies have exceeded the threshold of 10,000 employees combined as defined under the German Co-Determination Act (“Mitbestimmungsgesetz”, MitbestG). The tenure of the Supervisory Board Members newly elected today will end regularly upon the close of the Annual General Meeting for the financial year 2019.
The other proposals of the management were also approved by a large majority.
Detailed information on the Annual General Meeting 2015 of Infineon Technologies AG and the voting results are available at www.infineon.com/AGM.
You can find the CVs of the Supervisory Board Members at www.infineon.com
Infineon Technologies AG is a world leader in semiconductors. Infineon offers products and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2014 fiscal year (ending September 30), the company reported sales of Euro 4.3 billion with about 29,800 employees worldwide. In January 2015, Infineon acquired US-based International Rectifier Corporation, a leading provider of power management technology, with revenues of USD 1.1 billion (fiscal year 2014 ending June 29) and approximately 4,200 employees.
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).