Results of the 92nd Annual General Meeting of BMW AG.
A total of 455,244,058 shares (75.62%) of the share capital carrying voting rights was represented at the 92nd Annual General Meeting of BMW AG held on 16 May 2012 in Munich (total number of shares of common stock: 601,995,196). In addition, valid votes on the individual agenda items were cast by postal vote.
The results of the voting on items 2 to 6 of the agenda were as follows:
Agenda item 2: Resolution on the utilisation of the unappropriated profit.
Valid votes (for/against) were cast for 455,829,737 ordinary shares equalling 75.72% of the statutory ordinary share capital and 69.53% of the statutory share capital.
The proposal of the Board of Management and the Supervisory Board was carried by - 455,823,172 votes for (99.99%) - 6,565 votes against
- 300,207 abstentions.
Agenda item 3: Ratification of the acts of the Board of Management.
Valid votes (for/against) were cast for 455,134,487 ordinary shares equalling 75.60% of the statutory ordinary share capital and 69.43% of the statutory share capital.
The proposal of the Board of Management and the Supervisory Board was carried by - 453,814,433 votes for (99.71%) - 1,320,054 votes against
- 994,802 abstentions.
Agenda item 4: Ratification of the acts of the Supervisory Board.
Valid votes (for/against) were cast for 274,383,541 ordinary shares equalling 45.58% of the statutory ordinary share capital and 41.85% of the statutory share capital.
The proposal of the Board of Management and the Supervisory Board was carried by - 273,060,682 votes for (99.52%) - 1,322,859 votes against
- 1,203,991 abstentions*.
*) Shareholders who are members of the Supervisory Board of BMW AG were not entitled to vote on this resolution.
Agenda item 5: Election of the Auditor.
Valid votes (for/against) were cast for 453,368,862 ordinary shares equalling 75.31% of the statutory ordinary share capital and 69.16% of the statutory share capital.
The proposal of the Supervisory Board was carried by - 446,704,210 votes for (98.53%) - 6,664,652 votes against
- 2,760,837 abstentions.
Agenda item 6: Resolution on the approval of the compensation system for members of the Board of Management.
Valid votes (for/against) were cast for 452,128,012 ordinary shares equalling 75.10% of the statutory ordinary share capital and 68.97% of the statutory share capital.
The proposal of the Board of Management and the Supervisory Board was carried by - 431,554,290 votes for (95.45%) - 20,573,722 votes against
