TUI AG
In financial year 2020, the average daily trading volume at the London Stock Exchange was around 3.0 million shares, while about 3.6
million shares were traded on Xetra. Across all trading platforms, the daily trading volume in the UK amounted to around 6.7 million
shares, with around 6.9 million shares traded on the euro line. Both the sterling and the euro lines thus delivered strong liquidity for
trading by institutional and retail investors.
Analysts' recommendations
Analyses and recommendations by financial analysts are a key decision-making factor for institutional and private investors. In the
financial year under review, around 20 analysts regularly published studies on TUI Group. In September 2020, 6 % of analysts issued a
recommendation to 'buy' the TUI share, with 33 % recommending 'hold' and 61 % of analysts recommending to 'sell' the share.
Shareholder structure
At the end of financial year 2020, around 70 % of TUI shares were in free float. Around 32 % of all TUI shares were held by private
shareholders, around 34 % by institutional investors and financial institutions, and around 34 % by strategic investors.
The current shareholder structure and the voting right notifications pursuant to Section 33 of the German Securities Trading Act are
available online at:
www.tuigroup.com/en-en/investors/share/shareholder-structure and www.tuigroup.com/en-en/investors/news
Dividend policy
Development of dividends and earnings of the TUI share
&euro 2016 2017 2018 2019 2020
Earnings per + 1.78 + 1.10 + 1.25 + 0.71 - 5.34
share
Dividend 0.63 0.65 0.72 0.54 -
In connection with the COVID-19 crisis, TUI agreed on stabilisation packages with the German government. Conditions attached to the
stabilisation packages include a dividend suspension, which will remain in force over the term of the loans and the duration of the
investment made by the Economic Stabilisation Fund (ESF).
Investor Relations
Open and continuous dialogue and transparent communication form the basis of our Investor Relations engagement with our private
shareholders, institutional investors, equity and credit analysts and lenders. Many discussions were held, centring on the Group
strategy, business performance in the individual segments and the implications of the COVID-19 crisis in order to enable stakeholders to
make a realistic assessment of the future performance of TUI's shares.
In financial year 2020, investor dialogue primarily focused on the consequences arising from the COVID-19-pandemic:
· Trading performance and customers' booking behaviour during the crisis
· New protocols and procedures, including enhanced hygiene measures, necessitated by COVID-19
· Monthly cash costs during the full business suspensionand during partial resumption of business operations
· Terms of stabilisation packages agreed with the German government to secure immediate liquidity
· Launch of the Global Realignment Programme, aimed at delivering annual savings of more than &euro 300 m by financial year 2023
· The Group's strategic response during and after the COVID-19-pandemic; in particular, acceleration of digital transformation and the
move to become a platform business
As per the normal, TUI's management team welcomes open dialogue with investors at roadshows and conferences. Due to the
COVID-19-pandemic, many of these events were held in a virtual format. Management met investors from many financial hubs in Europe, the
US and Asia.
In addition to this, TUI's Investor Relations team makes every effort to engage in direct contact with private investors. Due to the
COVID-19 situation, however, all large face to face events were cancelled in the financial year under review, and intensive dialogue took
place in the form of numerous one-on-one phone discussions. TUI also offers a broad range of information for analysts, investors and
private shareholders on its website. All conference calls were transmitted live.
SUPERVISORY BOARD AND EXECUTIVE BOARD
TUI AG Supervisory Board
Name Function / Location Initial Appointed Other Board Memberships2 Number
Occupation Appoin until AGM of
tments TUI AG
shares
(direct
and
indirec
t)2
Dr Dieter Chairman of the Stuttgart 13 Feb 2023 b) Veta 105,000
Zetsche Supervisory 2018 Health LLC
Board of TUI AG
Frank Deputy Chairman Hamburg 15 Aug 2021 1,291
Jakobi1 of the 2007
Supervisory
Board of TUI AG
Travel Agent
Peter Long Deputy Chairman Kent 9 Feb 2021 b) 8,625
of the 2016 Countrywide
Supervisory PLC3
Board of TUI AG
Chairman
Countrywide PLC
Ingrid-Helen President, SAP Walldorf 11 Feb 2024 b) Heineken 0
Arnold Business Data 2020 N. V.
Network
Andreas Aircraft Hanover 10 May 2021 a) TUIfly GmbH4 0
Barczewski1 Captain 2006
Peter Regional Head Hamburg 2 Jul 2021 a) TÜV Nord 0
Bremme1 of the Special 2014 AG
Service
Division
of ver.di -
Vereinte
Dienstleistungs
gewerkschaft
Prof. Dr President of Bonn 9 Feb 2021 a) Metro AG 0
Edgar Ernst Deutsche 2011
Prüfstelle für
Vonovia SE4
Rechnungslegung
DPR e. V.
Wolfgang Group Director Großburgwedel 13 Jun 2021 a) Deutscher 2,507
Flintermann1 Financial 2016 Reisepreis-
Accounting &
Reporting, TUI
AG
Sicherungsverein
VVaG
María Garaña Vice President London 11 Feb 2024 b) Alantra 0
Corces Professional 2020 Partners,
Services, S. A.
Europe, Middle
East
Liberbank,
S. A.
and Africa,
Adobe Inc.
Angelika Vice President Berlin 26 Mar 2021 a) thyssenkrupp b) Facebook 4,100
Gifford Central Region, 2012 AG Inc.
Facebook Inc.
9 Feb
2016*
Valerie Member of London 11 Dec 11 Feb b) Aviva 994
Gooding supervisory 2014 2020 Insurance
bodies in Ltd.
different
companies
Aviva Life
Holdings
Ltd.
Vodafone
Group PLC
Stefan Product Owner Hanover 21 Jul 2021 5,658
Heinemann1 Disposition & 2020
Maintenance,
IMSD Aviation,
TUI InfoTec
GmbH
Dr Dierk Business unit Berlin 16 Jan 2021 a) DZ Bank AG 0
Hirschel1 manager of the 2015
trade union
ver.di -
Vereinte
Dienstleistungs
gewerkschaft
Janis Kong Member of London 11 Dec 11 Feb b) Bristol 5,985
supervisory 2014 2020 Airport
bodies in Ltd.
different
companies
Copenhagen
Airport
Portmeirion (MORE TO FOLLOW) Dow Jones Newswires
December 10, 2020 01:04 ET (06:04 GMT)
