Corporate Governance Codex
Knorr-Bremse attaches great importance to the rules of proper corporate governance. The company therefore complies with the recommendations of the German Corporate Governance Code, which was first published by the German Federal Government in 2002.
The term Corporate Governance encompasses the entire management and monitoring system of a company. This includes: Organization, business policy principles, guidelines and internal and external control and monitoring mechanisms.
According to the German Stock Corporation Act (Section 161 AktG), Knorr-Bremse AG, as a listed company, is obliged to disclose to what extent its recommendations have been and are being complied with or which recommendations have not been or are not being applied ("comply or disclose").
Declaration of conformitySince 2018 Executive Board and Supervisory Board of Knorr-Bremse AG issue yearly a declaration of conformity pursuant to Section 161 German Stock Corporation Act (Aktiengesetz).
Articles of AssociationHere you may find the current version of the Knorr-Bremse AG Articles of Association.
Code of Conduct
On our Corporate Website you may find the current version of the Code of Conduct from Knorr-Bremse AG.