Corporate Governance Code

General remarks on the german Corporate Governance Code

The principles of values-based and transparent company management and control have become much more significant in the evaluation and appraisal of listed companies. In September 2001, the German Federal Ministry of Justice took up this issue with the establishment of the German Corporate Governance Code regulatory committee, chaired by Dr Gerhard Cromme. The committee approved the Code on 26 February 2002 and has since modified it. The Code has a legal basis in the statement of compliance pursuant to Section 161 of the Stock Corporation Act (incorporated as a result of the Transparency and Disclosure Act, which came into effect on 26 July 2002). As a result of Section 161 of the Stock Corporation Act, all listed companies are required to disclose their compliance with the requirements of the Code and explain any potential non-conformities (comply or explain). In particular, this should meet the expectations of international investors.

You can download and read or print out the current version of the German Corporate Governance Code on the home page here.

Corporate Governance Statement

You can download the Corporate Governance Statement of CENIT AG in German.

Basic features of the compliance management system

You can download the Compliance Management System of CENIT AG in German.

Remuneration report

Sustainability at CENIT AG

At CENIT, we understand Corporate Social Responsibility (CSR) to mean responsible and sustainable management of the company. We require that our employees, business partners and suppliers comply with all applicable laws and guidelines.

We observe and respect human rights within our sphere of influence and base our conduct on the ten principles of the UN Global Compact. We fully support the abolition of any form of forced or child labour and expect the same of our business partners and suppliers.

CENIT does not tolerate corruption, bribery or the acceptance/granting of personal advantage in all their forms and works against unfair trading practices. In their dealings with business partners, customers, suppliers and government officials, our employees maintain clear boundaries between the normal parameters of a business relationship and private interests.

This is the basis of the way we do business and we firmly believe that a company can only be successful if business or financial concerns are held in equal consideration as its responsibilities towards society and the planet. For us, this also means involving our stakeholders and maintaining ongoing, open dialogue with them.

Your contact person

Tanja Marinovic

Tanja Marinovic

Marketing/ Investor Relations

Do you have any questions? Feel free to contact us!