Compliance violations can have a major impact on our reputation and economic success. To prevent these significant damages, the Executive Board of Encavis AG has developed a compliance management system that protects the interests of all stakeholders. Compliance is essential for our boards, managers and employees. They contribute to strengthening the confidence of business partners, shareholders and the capital market in the company. Compliance Management controls various measures in defined compliance areas on the basis of ISO 37301. It is the central point of contact for all compliance issues.
Good governance
We’re committed to the principles of good corporate management.
We attach great importance to compliance with legal requirements as well as company guidelines.
Principles of our
corporate governance
The principles of corporate governance at Encavis AG are geared towards long term and sustainable increase in the value of the company. In this sense, we are guided by the German Corporate Governance Code.
Remuneration systems and remuneration report
The remuneration systems for members of the Executive Board and the Supervisory Board of Encavis AG are based on the corresponding legal requirements, in particular in §§ 87, 87a, 113 and 120a AktG. In addition, the recommendations of the German Corporate Governance Code are considered within the framework of the declaration of conformity pursuant to Section 161 AktG.
The actual remuneration system for the members of the Management Board was approved by the Annual General Meeting on 01 June 2023 with a majority of 86.50 % of the capital represented.
The remuneration system for the members of the Management Board makes an important contribution to the advancement of the business strategy and the long-term, sustainable and value-creating development of Encavis AG. Here you can access the current remuneration system for the members of the Management Board of Encavis AG:
The actual remuneration system for the Supervisory Board was approved by the Annual General Meeting on 01 June 2023 with a majority of 98.85 % of the capital represented.
The remuneration system is governed by article 15 of the Company’s Articles of Association. The remuneration ensures that the Supervisory Board competently and independently carries out its monitoring role, which stands to benefit the long-term development of Encavis AG. Here you can access the current remuneration system for the members of the Management Board of Encavis AG:
The Remuneration Report for the fiscal year 2022 was approved by the Annual General Meeting on 01 June 2023 with a majority of 55.71 % of the capital represented.
The Management Board and Supervisory Board of Encavis AG must prepare an annual remuneration report in accordance with the legal requirements of Section 162 of the German Stock Corporation Act (AktG). Encavis AG has decided to have the annual remuneration report audited by the auditor also materially beyond the requirements of Section 162 (3) sentence 1 and Section 2 AktG.
Here you can access the current remuneration report and the auditor's report:
Listed companies must pass a resolution on the remuneration of the members of the supervisory board (§ 113 AktG) and on the remuneration of the members of the management board (§120a AktG) at least every four years. Furthermore, the remuneration systems as such must be published on the company's website in addition to the respective resolution of the general meeting on the approval of the remuneration systems.
REPORTING SUSPICIOUS BEHAVIOUR
We’re grateful for any tips about potential violations.
If you’d like to report suspicious behaviour or an actual violation, you can either do so anonymously via our whistle-blower system, or alternatively contact our compliance management team directly. All information will be taken very seriously and handled with complete confidentiality. If a breach of compliance is discovered, Encavis AG will cooperate fully to resolve the matter in question. In addition, we review our processes regularly and continually optimise our internal compliance management system.
