CORPORATE GOVERNANCE.

Below you can find all Information and documents relevant in the context of Knorr-Bremse AG's Corporate Governance.

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.

German Corporate Governance Code

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 conformity

Since 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).

Declaration on Corporate Governance

Management

Here you may find further information on our Executive Board and our Supervisory Board.

Articles of Association

Here you may find the current version of the Knorr-Bremse AG Articles of Association.

Rules of Procedures

Here you may find the rules of procedure of the Knorr-Bremse Supervisory Board. Here you may find the rules of procedure of the Knorr-Bremse Management Board.

Remuneration System

Here you find the description of the remuneration system for the member of the Executive Board and the Supervisory Board of Knorr-Bremse AG.

Code of Conduct

On our Corporate Website you may find the current version of the Code of Conduct from Knorr-Bremse AG.