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
Trust and Communication 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:
Respecting shareholdersinterests and helping shareholders to exercise their rights
Constantly monitoring and increasing theeffectiveness of the cooperation between the management team and the Supervisory Board
Implementing an open,transparent communication policy
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
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 2017/2018||Download|
|Statement of Compliance 2016/2017||Download|
Statement of Compliance 2015/2016
Updated Statement of Compliance 2015
|Statement of Compliance 2014/2015|
|Statement of Compliance 2013/2014||Download|
|Statement of Compliance 2012/2013|
(Update 27. March 2013)
|Statement of Compliance 2012||Download|
|Statement of Compliance 2011|
(Update 5. April 2012)
|Statement of Compliance 2011||Download|
|Statement of Compliance 2010||Download|
|Statement of Compliance 2009|
(Update 25. March2010)
|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|