Zurich (Reuters) – The Siemens Board lost its attempt on Thursday to allow the company to continue to capture the virtual -GCB in the future without the physical presence of investors.
About 71% of shareholders approved the change to the company's rules, which would allow virtual CCBs to be trapped for the next two years, losing the 75% needed.
The move had been criticized by some shareholders, who said he prevented them showing their support or opposition to company offers or talking to each other.
Chairman Jim Hagemann Snabe said he regretted the result, especially as most shareholders voted for AGM on -lein, Siemens has been captured since 2021, to continue.
Snabe was re -elected to the company's board for another two years, despite some shareholders raising concerns for his long time at the top of the German technology and engineering company.
Deka Investments, which owns a share of 0.79% in Siemens and is the 11th largest shareholder, SiNABE, who has been a member of the Siemens Supervisory Board since 2013 and chairman since 2018, could no longer be considered independent Due to his long spelling due to his long spelling in the job.
Former CEO of Nestle and Fresenius, Mark Schneider was also elected to the Siemens Supervisory Board on Thursday. Previously, Siemens has mentioned Schneider as a possible successor to Snabe.
(Reported by John Revill; Edited by Toby Chopra and Susan Fenton)