Annual General Meeting
The Annual General Meeting has the ultimate authority in all company matters. The ordinary Annual General Meeting is held before the end of the fourth month after the end of the accounting year. All shareholders who have requested an admission card are allowed access to the Annual General Meeting. At the Annual General Meeting, the shareholders can ask questions to the Board and the Executive Committee. Shareholders can send proposals for the meeting’s agenda, which must arrive at the Board no later than March 1 in order to be discussed at the Annual General Meeting.
Danfoss has both Class A and Class B shares. A-shares entitle the holder to ten votes per share whilst B-shares entitle the holder to one vote per share. Decisions are made by an ordinary majority at the Annual General Meeting, unless otherwise stipulated by law or by the Danfoss Articles of Association.