Report
Expert Corporate Governance Service (ECGS)
EUR 500.00 For Business Accounts Only

Fresenius SE & Co. KGaA - AGM 17 May 2019

Item 1: Unlike at German stock corporations, shareholders of a KGaA are legally required to vote on the annual accounts.

Item 5a: KPMG has audited the Company since the financial year 1981 which exceeds our maximum acceptable term of office. We welcome however that the Company has announced to change the audit firm as of financial year 2020, see item 5b of the agenda, and therefore exceptionally recommend to support the reappointment of KPMG.

Underlying
Fresenius SE & Co KGaA

Fresenius is a health care group providing products and services for dialysis, hospitals and outpatient medical care. Co. operates four business segments: Fresenius Medical Care; Fresenius Kabi; Fresenius Helios; and Fresenius Vamed. Fresenius Medical Care provides dialysis care and dialysis products for patients with chronic kidney failure. Fresenius Kabi is engaged in the provision of generic drugs, infusion therapies, clinical nutrition products, related medical devices and transfusion technology. Fresenius Vamed manages projects and provides services for hospitals and other health care facilities. Fresenius Helios is a private hospital operator which only operates in Germany.

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

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Analysts
Expert Corporate Governance Service (ECGS)

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Nurhayati Wan
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