Every shareholder has the right to file a reasoned countermotion against proposals made by the Executive Board and/or the Supervisory Board on any item on the Agenda. Furthermore, every shareholder has the right to nominate candidates for the election of the Supervisory Board members or of the independent auditor during the Annual General Meeting.
Countermotions and candidate nominations received by the company at the address specified in the convocation (innogy SE, Legal & Compliance, Opernplatz 1, 45128 Essen, Germany, fax: +49-201-12-15283, e-mail: HV2017.Antraege@innogy.com) at least 14 days before the General Meeting, not including the date of receipt or the day of the Annual General Meeting, namely no later than Sunday, 9 April 2017, 24:00 hours CEST, shall be made accessible via the www.innogy.com website (“Annual General Meeting 2017”) along with the shareholder’s name and possibly a statement by management and—as regards countermotions—the grounds.
Pursuant to Section 126, Paragraph 2 of the German Stock Corporation Act, there is no need to make a countermotion and its grounds accessible if
1. the Executive Board would by reason of such communication become criminally liable;
2. the countermotion would cause the Annual General Meeting to pass a resolution that would violate the law or Articles of Incorporation;
3. the grounds contain statements which are manifestly false or misleading or which are libellous;
4. a countermotion filed by the shareholder based on the same facts has already been made accessible to an Annual General Meeting of the company in accordance with Section 125 of the German Stock Corporation Act;
5. the shareholder has filed the same countermotion with grounds that are essentially identical in the last five years that has been made accessible to at least two of the company’s Annual General Meetings in the last five years in accordance with Section 125 of the German Stock Corporation Act and at such shareholders' meeting less than one-twentieth of the share capital represented has voted in favour of such countermotion;
6. the shareholder indicates that he or she will not attend the Annual General Meeting or be represented there; or
7. the shareholder has failed to file a countermotion communicated by him or her at two Annual General Meetings in the last two years.
The same applies analogously to making candidate nominations accessible. Furthermore, candidate nominations need not be made accessible if they do not include the name, current profession and domicile of the nominated candidate and when nominating candidates for the Supervisory Board elections information on their membership in other legally mandated supervisory boards or comparable domestic and foreign supervisory bodies of business untertakings. Other than countermotions, candidate nominations need not be reasoned.
Grounds provided for countermotions and candidate nominations need not be made accessible if they exceed a length of 5,000 characters. If several shareholders file countermotions on the same subject matter of a resolution or nominate the same candidate, the Executive Board may combine the countermotions and candidate nominations as well as their grounds.
The right of every shareholder to nominate candidates for the election of the independent auditor during the Annual General Meeting without having informed the company of the nomination in advance or before the deadline shall remain unaffected by this.