Mercedes-Benz AGM 2026 Approves Dividend and Board Changes

Mercedes-Benz shareholders backed the company’s strategy at AGM 2026, approved a €3.50 dividend and confirmed board changes. Read the key decisions here.

Shareholders backed Mercedes-Benz’s leadership with a clear margin at the 2026 virtual annual general meeting: all proposed resolutions won broad majorities, and support for every individual member of the Supervisory Board and the Board of Management exceeded 97%. The meeting also approved a dividend of €3.50 per share for the 2025 financial year, down from €4.30 a year earlier.

That result matters beyond the formal vote itself. It came after a weaker 2025 for the group, with revenue falling to €132.2 billion from €145.6 billion and adjusted EBIT dropping to €8.2 billion from €13.7 billion. At Mercedes-Benz Cars, adjusted EBIT fell to €4.8 billion. Even so, industrial net liquidity remained strong at €32.2 billion, giving the company room to keep pushing its strategy while operating in a tougher market environment.

Mercedes-Benz used the meeting to underline that strategy once again. The company reaffirmed the biggest product and technology campaign in its history, investments of more than €10 billion this year, a medium-term target of around two million vehicle sales, 15% growth in the Top-End segment and an xEV share of about 40% of total sales. That direction is tied to a market picture the company can already point to: in 2025, the group sold about 2.16 million cars and vans, while Mercedes-Benz Cars reached a 40% xEV share in Europe.

The changes on the Supervisory Board fit that message. Katharina Beumelburg and Rashmi Misra were elected for the first time, adding expertise in decarbonisation, new technologies, artificial intelligence and data platforms. For Mercedes-Benz, that is closely aligned with the areas it says will shape the next phase of transformation and competitiveness.

The broader backdrop is an anniversary year for the brand: 140 years since the invention of the automobile and 100 years since the founding of Daimler-Benz AG. Mercedes-Benz has tied that history to its current product push, sending three new S-Class saloons on a journey across 140 locations on six continents after the model’s January premiere. The launch programme is also continuing at full speed in 2026, with the updated S-Class, the electric GLC and CLA Shooting Brake, the first series model on the AMG.EA architecture, and new electric C-Class and GLA all part of the next wave.