Corporate Governance
Wacker Chemie AG’s Corporate Governance at a Glance
Wacker Chemie AG attaches great importance to the rules of proper, sustainable and good corporate governance. That is why the company follows the recommendations of the German Corporate Governance Code.
German Corporate Governance CodeThe term Corporate Governance covers a company’s entire system of management and supervision. This includes: organization, corporate principles, policy guidelines, and internal and external steering and monitoring mechanisms.
In accordance with the German Stock Corporation Act (AktG, Section 161), Wacker Chemie AG, as a listed company, is obligated to declare the extent to which the code’s recommendations have been and are being complied with, and to declare those recommendations that have not been or are not being applied (“comply or explain”).
Corporate Governance Report
Here, the Executive Board provides details – also for the Supervisory Board – on corporate management in accordance with Section 3.10 of the German Corporate Governance Code and Section 289a (1) of the German Commercial Code (HGB).
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Auditors
The Annual Shareholders’ Meeting chose KPMG AG Wirtschaftsprüfungsgesellschaft as auditors.