Deutsche Börse (DB1) AGM 2025 summary

Opening remarks and agenda

• Chairman opened the AGM, marking his final meeting before stepping down, and welcomed all attendees, including shareholders, board members, and guests.

• Outlined the agenda, including financial statements, board reports, succession planning, and voting procedures.

• Noted the presence of all board members except one, and introduced a new supervisory board candidate.

Financial performance review

• Net revenue for 2024 rose 15% to €5.8 billion, with 8% organic growth and 7% from acquisitions.

• EBITDA increased 15% to €3.4 billion; net income reached €1.9 billion, up 13%.

• Recurring revenue now accounts for 62% of total, providing stability.

• Dividend proposed at €4 per share, a 5% increase, with a €500 million share buyback, totaling €1.2 billion in distributions.

• Share price and market capitalization nearly doubled over five years.

Board and executive committee updates

• CEO succession completed: Stephan Leithner succeeded Theodor Weimer; Clara-Christina Streit nominated as future Supervisory Board Chair.

• Executive Board expanded to seven members, with new appointments for post-trading and investment management solutions.

• CFO Gregor Pottmeyer to retire in September 2025, with Jens Schulte named as successor.