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on Hapag-Lloyd AG (isin : DE000HLAG475)

Hapag-Lloyd Annual General Meeting Approves Dividend and Re-elections

In a recent Annual General Meeting, shareholders of Hapag-Lloyd AG, a leading global liner shipping company, approved all agenda items, including a significant dividend payout and executive re-elections. The meeting aligned with the company's strong financial performance in 2023, leading to a dividend distribution of EUR 9.25 per share.

The AGM also resulted in the re-election of Michael Behrendt as a shareholder representative and chairman of the Supervisory Board, a position he has held since 2014. Rolf Habben Jansen, CEO of Hapag-Lloyd, expressed satisfaction with the company's past success and optimism towards executing their Strategy 2030, which includes substantial sustainability and quality service goals.

Despite a positive outlook, the forecast for 2024 reflects anticipated EBITDA ranging from USD 1.1 to 3.3 billion, overshadowed by uncertainties due to volatile freight rates and geopolitical issues. The detailed results from the meeting and further information are available on the company's official Annual General Meeting page.

R. P.

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