Corporate Governance

The purpose of the German Corporate Governance Code is to make the rules prevailing in Germany for the management and supervision of companies as transparent as possible for both domestic and international investors. The Code’s provisions and rules cover the fields of shareholder interests, the Management Board and Supervisory Board, the transparency of company management and the duties of the independent auditor. The Management Board and Supervisory Board of Francotyp-Postalia Holding AG are committed to the implementation of the recommendations and proposals of the Corporate Governance Code (Code), in particular where they concern shareholder interests. However, the company does depart from those recommendations in some areas, and these departures are elucidated below and in the version of the Declaration of Compliance according to the Code issued on 26 May 2010.