Multitude SE Announces Outcomes of Annual General Meeting and Board Decisions

On April 25, 2024, Multitude SE held its Annual General Meeting (AGM) where key financial and governance decisions were made. The European FinTech company, known for its digital lending and banking services, has confirmed the adoption of the Annual Accounts for 2023 and discharges from liability for its CEO and Board members. Additionally, shareholders approved a dividend distribution of EUR 0.19 per share, set to be paid on May 7, 2024.

The AGM reaffirmed the number of Board members at six and re-elected five current members while welcoming Marion Khüny as a new member. Remuneration policies for the Board received approval, maintaining the existing fee structure. PricewaterhouseCoopers was appointed as the company's auditor for another term with reasonable remuneration set to match their invoice.

Furthermore, the Board of Directors received authorization to repurchase up to 10% of the company's shares and to issue additional shares and special rights as part of corporate financing strategies. These approvals aim to enhance operational flexibility and foster company growth amid changing market dynamics. The AGM also saw the existing Chair and Vice Chair of the Board re-elected, along with appointments to the Audit, Risk, and People and Culture Committees.