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.

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:

  • 01

    Respecting shareholdersinterests and helping shareholders to exercise their rights



  • 02

    Constantly monitoring and increasing theeffectiveness of the cooperation between the management team and the Supervisory Board

  • 03

    Implementing an open,transparent communication policy

The Executive Board and the Supervisory Board have adopted a Statement of Compliance with the Government Commission's German CG Code in accordance with Article 161 of the German Stock Corporation Act [AktG], in conjunction with Article 15 AktG.

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

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 2016/2017Download

Statement of Compliance 2015/2016

Download

Updated Statement of Compliance 2015

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Statement of Compliance 2014/2015

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Statement of Compliance 2013/2014Download
Statement of Compliance 2012/2013
(Update 27. March 2013)
Download
Statement of Compliance 2012Download
Statement of Compliance 2011
(Update 5. April 2012)
Download
Statement of Compliance 2011Download
Statement of Compliance 2010Download
Statement of Compliance 2009
(Update 25. March2010)
Download
Statement of Compliance 2009Download
Statement of Compliance 2008Download
Statement of Compliance 2007Download
Statement of Compliance 2006Download
Statement of Compliance 2005Download
Statement of Compliance 2004Download
Statement of Compliance 2003Download
Statement of Compliance 2002Download

H&R's Articles of Association

For H&R GmbH & Co. KGaA, headquartered in Salzbergen, the following Articles of Association apply.
 

Articles of Association (only in german)Download