Cenit WebsiteCenit Website

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.

Article of association of CENIT AG Download

Declaration of compliance pursuant to section 161 of the stock corporation act

The current Declaration of Compliance was generated in accordance with Section 161 of the Stock Corporation Act on 16 December 2019.

Declaration of Compliance Download

Corporate Governance Statement

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

Corporate Governance Statement Download

Basic features of the compliance management system

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

Compliance Management System Download

Remuneration report

Remuneration of the Management Board

You can find CENIT AG's remuneration system for the Management Board, here in its German version.

Download
Remuneration of the Supervisory Board

The currently valid remuneration regulation for the Supervisory Board is defined in §14 of the Articles of Association of CENIT AG. It has been in use since the 2020 business year and is based on a decision made by the Annual General Meeting on July 2, 2020

Download
Remuneration report 2022 Download
Remuneration report 2021 Download

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
CENIT AG

aktie@cenit.de

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