(PRESS RELEASE) MUNICH, 9-Dec-2021 — /EuropaWire/ — Wacker Chemie AG (ETR: WCH), a German multinational chemical company, has announced that its next year’s Annual Shareholders’ Meeting will be held on May 20, 2022 as a virtual event in order to protect its shareholders or their proxies’ health due to the ongoing corona pandemic.
WACKER’s decision is based on a legal provision that allows virtual-only shareholders’ meetings in view of future pandemic-related meeting restrictions. In early September, the German Bundestag had extended until end of August 2022 the option to hold Annual Shareholders’ Meetings virtually, which was already in effect for this year.
“WACKER’s top priority here is the participants’ health,” explains CEO Christian Hartel. “The latest wave of the pandemic is in full swing. In addition, there are novel corona virus mutations, which we cannot foresee at the moment how they will impact infection numbers. As it is currently not clear under what conditions large events requiring attendance can be held next year, we decided to go for a virtual Annual Shareholder’s Meeting in 2022,” adds Hartel.
WACKER will publish its invitation to the virtual Annual Shareholders’ Meeting in due course.
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SOURCE: Wacker Chemie AG