Supervisory Board Committees

Tasks of the committees

Finance and Audit Committee

  • Preparation of financial decisions for the full Supervisory Board
  • Decisions in lieu of the full Supervisory Board on certain financial matters, including the establishment of companies, acquisition of participations and capital increases at subsidiaries within defined value limits

Personnel Committee

  • Preparation of personnel matters for the full Supervisory Board
  • Decisions in lieu of the full Supervisory Board on certain personnel matters for which the full Supervisory Board is not required to assume responsibility

Mediation Committee

  • Proposal for the appointment of a Board member if the necessary two-thirds majority is not achieved in the first ballot (§ 31 Para. 3 Co-Determination Act)

Nomination Committee

  • Proposal of suitable candidates for the Supervisory Board’s nominations to the General Meeting