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27 May 2015
Company

Airbus Group Shareholders Approve All Resolutions At 2015 AGM

Amsterdam

Shareholders of Airbus Group (stock exchange symbol: AIR) approved all 13 resolutions proposed at its 2015 Annual General Meeting, including the appointment of a new independent director and conversion into a European Company (Societas Europaea - SE).

The appointment of María Amparo Moraleda Martínez as an independent non-Executive Member of the Board of Directors was approved during the AGM. She replaces Josep Piqué i Camps, who resigned as planned at the close of the meeting. Shareholders voted in favour of the proposed conversion to a European Company, meaning Airbus Group N.V. will be renamed Airbus Group SE with the registered seat and head office remaining in Amsterdam. The main purpose of the change is to reflect, in its legal form, the diversified operational presence of the Group in different European countries.

The Board of Directors received shareholder consent to repurchase up to 10 percent of the Company’s issued share capital for an exceptional share buyback programme. This will give the Board and management flexibility to review capital allocation options going forward, in particular with regard to using proceeds from divestments and to returning a portion to shareholders. Any decision by the Board on whether, and when, to proceed with a share buyback under this resolution would be based on market conditions at the time and other capital market considerations, on further operational progress and divestments, and on capital allocation and funding priorities.

The proposed dividend payment of € 1.20 per share based on the 2014 earnings was also approved by shareholders. The dividend payment, which represents a 60% increase from the previous year, will be made on 3 June 2015.

About Airbus Group

Airbus Group is a global leader in aeronautics, space and related services. In 2014, the Group – comprising Airbus, Airbus Defence and Space and Airbus Helicopters – generated revenues of € 60.7 billion and employed a workforce of around 138,600.

 

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Rod Stone

+33 (0) 6 30 52 19 93

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