Delivering virtual AGMs in Germany

 September 2020 / Link Group

When Germany locked down into its new protective measures, listed organisations faced new challenges. They needed to hold general meetings without the physical presence of their shareholders to prevent the spread of COVID-19.

In late March 2020, the German government introduced a law to mitigate the impact of the pandemic (COVID-19 Mitigation Act). The planned changes mainly affected the German Stock Corporation Act and aimed to enable the management of listed companies for the duration of 2020 to:

• host virtual general meetings;
• remove the physical presence of shareholders;
• extend the statutory period when ordinary general meetings must be held within eight months of the full fiscal year 2020;
• organise regular communications with investors.

We’ve done what it takes to support our clients and their shareholders.

Read our case study to find out how we delivered the first virtual AGM in Germany in just five weeks.

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