Air France-KLM shareholders adopt double voting rights, approve reappointment of chairman and CEO

Air France-KLM stated (21-May-2015) more than 13,000 shareholders were present or represented at its AGM in Paris on 21-May-2015, with the following measures approved:

• Chairman and CEO Alexandre de Juniac's term of office as director was renewed for four years with 94.2% of the votes, with the company's board reappointing Mr de Juniac as group chairman and CEO;
• Jaap de Hoop Scheffer and Dominique Comolli were confirmed in their positions as directors, respectively with 89.4% and 82.6% of the votes;
• Patrick Vieu was appointed director on the proposal of the French state with 82.5% of votes, replacing Régine Bréhier;
• Shareholders adopted the principle of the attribution of double voting rights to shares held in registered form for two years, since the resolution preserving single voting rights obtained only 56.6% of favorable votes, while it needed 66.6% to be approved.

Mr de Juniac said: "By renewing my term of office, Air France-KLM's shareholders have first and foremost expressed their support for the project that we have been developing over the past months, embodied by our strategic plan Perform 2020. With this plan, Air France-KLM is building its future together with all its employees: while pursuing its profound transformation, it is investing in its products, its brands and growth sectors." [more - original PR - English/French]