Lufthansa shares are registered shares with restricted transferability. Each share has identical voting rights. The German Aviation Compliance Documentation Act (LuftNaSiG) prescribes certain registration requirements. This relates in particular to the indication of nationality in the case of natural persons and nationality in the case of legal entities, or the indication of majority ownership or a controlling interest in foreign ownership in the case of persons subject to reporting requirements under the German Securities Trading Act (WpHG).
All shareholders entered in the share register can exercise their voting rights at the Annual General Meeting. The electronic service for the registration process under stock corporation law includes the option of authorizing proxies, banks or shareholders' associations to exercise voting rights via the Internet and to exercise voting rights by postal vote. In addition, shareholders also have the option of following the speeches of the Chairman of the Supervisory Board and the Chairman of the Executive Board at the Annual General Meeting via the Internet.
Against the background of the COVID19 pandemic, the Executive Board has decided, in accordance with Section 1 (1) and (2) of the Act on Measures in Corporate, Cooperative, Association, Foundation and Condominium Law to Combat the Effects of the COVID19 Pandemic ("COVID-19 Act"), to hold the Annual General Meeting on May 5, 2020 and the Extraordinary General Meeting on June 25, 2020 as a virtual General Meeting without the physical presence of shareholders or their proxies, and to enable shareholders to exercise their voting rights via electronic communication and by issuing proxies. In this context, the entire Annual General Meeting has been broadcasted with audio and video over the Online-Service. Due to the current infection situation, the Annual General Meeting on May 4, 2021 shall again be held as a purely virtual meeting. Shareholders will again be able to follow the Annual General Meeting in full online this year.
An overview of the shareholder structure of Deutsche Lufthansa AG can be found at investor-relations.lufthansagroup.com.