Amadeus Shareholders’ General Meeting today

Elena Ávila

Executive Vice President, Head of Americas, Airlines, Amadeus IT Group

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Today we held our Shareholders’ General Meeting (SGM) at the Madrid Stock Exchange (Bolsa de Madrid).

The SGM is an annual opportunity for shareholders to hear the Amadeus senior management in person present the results of 2011 and participate in a Q&A session with the Board of Directors – following which the shareholders vote on proposals put forward by the Board of Directors.

Shareholders approved all of the proposals made by our Board of Directors, including our dividend and the renewal of the appointment of our auditors.

The total value of the dividend will be €165.6 million, which is 23% higher than the previous year, and represents a pay-out of 36% of the 2011 Reported profit for the year from continuing operations (excluding extraordinary items related to the IPO).

A version of the full agenda and the complete accompanying documentation (in both Spanish and English) presented at the SGM can be found on this webpage.

Here are some comments made by our President & CEO, Luis Maroto:

“We thank our shareholders for participating today in the Shareholders’ General Meeting and approving all of the Board’s proposed agenda items – along with continuing to support the Amadeus senior management. “Once again I would like to thank our customers for their support and partnership, alongside our investors for their continued backing.  I would also like to give recognition to Amadeus’ most important asset, our employees, whose talent, commitment and enthusiasm are key to our success.”

For further information, please see the press release we have issued.