Corporate Governance

The management and supervisory structures at HeidelbergCement comply with the regulations under the German Stock Company Act, the company's Articles of Association, the procedural rules of the Managing Board and Supervisory Board and – with a few exceptions (see Statement of Compliance) – the German Corporate Governance Code (GCGC).

In accordance with § 286, section 5 and § 314, section 2 sentence 2 of the German Commercial Code, the 2006 Annual General Meeting exercised their right to exempt the company from the obligation to publish the remuneration of each individual member of the Managing Board.