Articles of association

As of May 2020

I. General provisions

Art. 1 – Company, registered office
Art. 2 – Object of the company

 

II. Nominal capital and shares

Art. 3 – Nominal capital; types of shares; corporate divisions
Art. 4 – Dividend rights for holders of class A and class S shares
Art. 5 – Registered shares, securitisation, share certificates
Art. 6 – Redemption of shares

 

III. Constitution of the company

Art. 7 – Company bodies

The Executive Board

Art. 8 – Composition
Art. 9 – Management and representation of the company

The Supervisory Board

Art. 10 – Composition and term of office; substitute members
Art. 11 – Duties; responsibility
Art. 12 – Rules of procedure
Art. 13 – Meetings; convening
Art. 14 – Adoption of resolutions
Art. 15 – Committees
Art. 16 – Remuneration

The Annual General Meeting (AGM)

Art. 17 – Duties; responsibility
Art. 18 – Location, time and convening of the Annual General Meeting
Art. 19 – Requirements for participation and exercise of voting rights
Art. 20 – Voting rights
Art. 21 – Chairing the General Meeting; participation of members of the Executive Board and Supervisory Board
Art. 22 – Adoption of resolutions
Art. 23 – Minutes of the Annual General Meeting

 

IV. Financial year and annual financial statements

Art. 24 – Financial year
Art. 25 – Annual financial statements; management report; Group financial statements and Group management report
Art. 26 – Revenue reserves
Art. 27 – Capital reserves
Art. 28 – Appropriation of profits

 

V. Connections to the Free and Hanseatic City of Hamburg

Art. 29 – Special rights of the Free and Hanseatic City of Hamburg

 

VI. Announcements

Art. 30 – Announcements

 

VII. S division

Art. 31 – Allocation to the S division
Art. 32 – Right to information