Covestro AG (OTCPK:CVVTF)

$ 47.85 0 (0%) Market Cap: 9.81 Bil Enterprise Value: 12.80 Bil PE Ratio: 0 PB Ratio: 1.39 GF Score: 76/100

Covestro AG Annual Shareholders Meeting Transcript

Jul 30, 2020 / 08:00AM GMT

Release Date Price: $38.4

Transcript

Richard Pott

Covestro AG - Independent Chairman of Supervisory Board

Ladies and gentlemen, as Chairman of the Supervisory Board at Covestro AG and thus Chairman of this Annual General Meeting, I call the fifth AGM of our company to order. I would also like to welcome you on behalf of the Board of Management of the (sic) [and the] Supervisory Board.

We would like to have welcomed you to this year's Annual General Meeting in person here in Bonn. Our AGM is taking place this year under unusual circumstances. The COVID-19 pandemic is a global threat to health, to life and health and to human interactions as we have known them up until now. Some restrictions have been relaxed, but the order of the day continues to be to limit physical contracts (sic) [contacts] and to practice social distancing. This makes a -- an annual general meeting with a large number of shareholders coming together as we've had in the past something that is unfortunately not possible today. In agreement with the Supervisory Board, the Board of Management decided to hold this year's AGM as an online event without the presence of

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