Corporate Management Statement and Corporate Governance Report
As a listed public stock corporation, centrotherm photovoltaics AG is obligated pursuant to § 289a of the German Commercial Code (HGB) to issue a corporate management statement. The corporate management statement comprises the statement of conformity with the German Corporate Governance Code pursuant to § 161 of the German Stock Corporation Act (AktG), disclosures concerning corporate management practices applied above and beyond statutory requirements, as well as a description of the working methodology of the Management and Supervisory boards. In accordance with the recommendation contained in Figure 3.10 of the German Corporate Governance Code, we have also integrated the corporate governance report into the corporate management statement.
centrotherm photovoltaics places high priority on corporate governance as the principle for responsible corporate governance oriented towards sustained value creation. In managing and controlling the company, the Management and Supervisory boards operate according to the recommendations and suggestions of the German Corporate Governance Code. The aim is to strengthen the confidence of investors, financial markets, business partners, employees and the public.