Basic Understanding

The Executive Board and the Supervisory Board of Bechtle AG are fully committed to the Corporate Governance principles (see Declaration of Conformity pursuant to section 161 of the German Stock Corporation Act (AktG), see here). For the members of both boards, the rules serve as important orientation standards for the responsible management and control of the company.

The following Corporate Governance principles are of special importance to the Executive Board and the Supervisory Board:

• Effective, constructive collaboration between the Executive Board and the Supervisory Board
• High transparency in accounting and financial communication
• Protection of shareholder interests and
• Performance-oriented compensation for the Executive Board and executive staff

These principles have characterised the self-image and actions of both executive bodies for many years.

Below, the Executive Board and the Supervisory Board jointly report on the Corporate Governance at Bechtle AG according to Section 3.10 of the German Corporate Governance Code (DCGK):