Corporate
Governance
H&R KGaA welcomes the German Corporate Governance Code issued and regularly updated by the Government Commission. The Code not only establishes transparency for the legal framework governing company management and oversight in Germany for domestic and foreign investors, but also sets forth generally recognized standards for good and responsible corporate management. We view corporate governance as an ongoing process and will continue to closely follow future developments.
According to section 4.1.3. of the German Corporate Governance Code in its version of February 7, 2017, H&R KGaA discloses the basic features of its Compliance Management System: Presentation Compliance Management System
Come First
Corporate governance encompasses the corporate management and oversight tools designed to ensure a long-term increase in value. For listed companies, a good and transparent corporate governance system increases investors' confidence in the company's management and oversight.
For H&R GmbH & Co. KGaA, the following aspects are major pillars of good corporate governance:
-
01
Respecting shareholders interests and helping shareholders to exercise their rights
-
02
Constantly monitoring and increasing the effectiveness of the cooperation between the management team and the Supervisory Board
-
03
Implementing an open, transparent communication policy
Remuneration
Reports
In accordance with section 120a (4) sentence 1 AktG, the general meeting has to decide on the approval of the remuneration report, prepared and audited in accordance with section 162 AktG for the previous financial year.
The approved remuneration report of the H&R Group is listed in the following document.
2021: Remuneration Report Download
Non-financial
Report
Since financial year 2017, our financial reporting has included disclosures on material, non-financial aspects of our business activities in areas involving environmental, employee and social concerns,
respect for human rights, and the fight against corruption.
The following section contains the non-financial Report.
Directors
Dealings
Securities transactions subject to reporting requirements (Directors' Dealings) under Article 19(1) of the Market Abuse Directive [Marktmissbrauchsverordnung]
Pursuant to Article 19(1) of the Market Abuse Directive, persons carrying out managerial responsibilities for an issuer, as well as persons closely related to them, must report every instance of self-dealing involving shares or debt instruments of the issuer (or financial instruments linked to them) both to the company and to the Federal Financial Services Supervisory Authority (BaFin).
H&R KGaA publishes notices of such self-dealing on this website in accordance with Article 19(1) of the Market Abuse Directive.
Voting rights
Notification
Total Voting Rights
Announcement
27.06.2018 Total Voting Rights Announcement for H&R GmbH & Co. KGaA
Statements
of Compliance
Statement of Compliance with the German Corporate Governance Code
Under Article 161 of the AktG, every year the Executive Board and the Supervisory Board of a listed company must issue a statement as to whether the company has complied and is complying with the recommendations of the German Corporate Governance Code and which recommendations were not applied or are not being applied, and why not.
| Statement of Compliance 2023/2024 | Download |
| Statement of Compliance 2022/2023 | Download |
| Statement of Compliance 2020/2021 (Update 5. March 2021) | Download |
| Statement of Compliance 2020/2021 | Download |
| Statement of Compliance 2018/2019 (Update 31. July 2019) | Download |
| Statement of Compliance 2018/2019 | Download |
| Statement of Compliance 2017/2018 | Download |
| Statement of Compliance 2016/2017 | Download |
Statement of Compliance 2015/2016 | Download |
Updated Statement of Compliance 2015 | Download |
| Statement of Compliance 2014/2015 | |
| Statement of Compliance 2013/2014 | Download |
| Statement of Compliance 2012/2013 (Update 27. March 2013) | Download |
| Statement of Compliance 2012 | Download |
| Statement of Compliance 2011 (Update 5. April 2012) | Download |
| Statement of Compliance 2011 | Download |
| Statement of Compliance 2010 | Download |
| Statement of Compliance 2009 (Update 25. March2010) | Download |
| Statement of Compliance 2009 | Download |
| Statement of Compliance 2008 | Download |
| Statement of Compliance 2007 | Download |
| Statement of Compliance 2006 | Download |
| Statement of Compliance 2005 | Download |
| Statement of Compliance 2004 | Download |
| Statement of Compliance 2003 | Download |
| Statement of Compliance 2002 | Download |
H&R's
Articles of Association
For H&R GmbH & Co. KGaA, headquartered in Salzbergen, the following Articles of Association apply (only in german).