Deutsche EuroShop's AGM Highlights Strategy and Leadership Changes

Deutsche EuroShop AG held its Annual General Meeting, achieving shareholder approval for all agenda items. Significantly, a dividend of €2.65 per share for the 2024 financial year was approved, with €2.34 from the tax account and only €0.31 subject to capital gains tax. The meeting represented approximately 88.8% of share capital.

Notable leadership changes occurred as Todd Liker and Peter M. Ballon joined the Supervisory Board. Liker, a Managing Director at Oaktree Capital in New York, replaces Lemara Grant. Ballon, with extensive real estate experience, takes over as chairman, succeeding Reiner Strecker, who was praised for his significant contributions over 13 years.

Executive Board member Hans-Peter Kneip emphasized the blend of continuity and renewal brought by these appointments, supporting Deutsche EuroShop's strategic trajectory.