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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Mr Lothar Lambertz +49 201 1223984
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RWE Aktiengesellschaft

RWE reschedules AGM as fully virtual event for 26 June 2020

(PresseBox) ( Essen, )
RWE AG will hold a completely virtual AGM this year. Executive Board and Supervisory Board decided to apply a new regulation recently issued in Germany against the backdrop of the global spread of the coronavirus pandemic. The event that originally has been planned for 28 April 2020 will now be held as a virtual AGM on 26 June 2020, starting at 10:00 am (CEST). "We put highest priority on the health, safety and wellbeing of our shareholders and guests as well as of our employees  and service providers preparing and facilitating the AGM. Therefore, we welcome the possibility the new regulation provides to hold an AGM in a virtual format in this exceptional situation. We can thus refrain from holding a physical attendance event. As usual, our shareholders will be able to make full use of their voting rights and ask questions," says RWE AG CEO Rolf Martin Schmitz.

The invitation to the virtual AGM will be published on 20 May 2020 compliant to the legally required timeframes. The entire event will be broadcasted live on the company's website. The agenda will remain unchanged and include the joint proposal by the Supervisory Board and the Executive Board to pay a dividend of 0.80 euros per share for fiscal 2019.

Shareholders can submit questions regarding the agenda until two days prior to the AGM. After on-time registration to the AGM, shareholders can make use of their voting rights per postal vote in advance or by authorising a voting proxy of the company. Both options can also be exercised online during the AGM. Further details will be included in the invitation.

RWE Aktiengesellschaft

Harnessing the operations of its four subsidiaries RWE Renewables, RWE Generation, RWE Power and RWE Supply & Trading and a portfolio of around 43 gigawatts of generation capacity, the new RWE supplies clean, reliable and affordable electricity. In its new constellation following the completion of the transaction with E.ON, RWE has a generation capacity from renewables including hydropower and biomass of approximately 10 gigawatts. The company intends to further expand this position by making a net investment of up to 5 billion euros in onshore and offshore wind power, photovoltaics and storage through to 2022. In addition, RWE produces electricity from gas, hard coal, lignite and nuclear power. RWE Supply & Trading is the interface between RWE and the energy markets around the world. In order to spur the energy transition, RWE is investing in innovative projects such as heat storage power plants, the generation and use of hydrogen as an energy source, and Power-to-X processes. The Group employs a total of around 20,000 people worldwide. RWE AG is headquartered in Essen, Germany.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.